Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Italy - 2023

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (CIF) - 2023
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (CIF) - 2023

The average import price for colouring matter; ultramarine and preparations based therea stood at $6,062 per ton in August 2023, increasing by 9.4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 20% month-to-month. The import price peaked at $6,417 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($17,933 per ton), while the price for Spain ($5,177 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $6,457 per ton, surging by 7.9% against the previous year. Overall, the export price recorded mild growth. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($9,953 per ton), while the average price for exports to Ireland ($4,391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy

Imports of colouring matter; ultramarine and preparations based therea into Italy fell to 1.3K tons in 2022, reducing by -9.6% compared with the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of 1.4K tons, and then declined in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea contracted to $6.4M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of $6.5M, and then dropped modestly in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,9201,8092,4342,73212.5%
Spain2,1142,0912,8392,3743.9%
Belgium13918522020113.1%
South Korea23.14.722.7193102.9%
Luxembourg20.943.431.1190108.7%
Germany204153264176-4.8%
Romania83.171.613212715.2%
Denmark34.466.911512152.1%
Others21530145332014.2%
Total4,7534,7276,5096,43510.6%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Italy in 2022:

  1. France (589.7 tons)
  2. Spain (482.8 tons)
  3. Luxembourg (46.8 tons)
  4. South Korea (40.3 tons)
  5. Romania (32.8 tons)
  6. Belgium (24.0 tons)
  7. Denmark (20.7 tons)
  8. Germany (14.4 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy

After three years of growth, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -19.7% to 567 tons in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%. As a result, the exports reached the peak of 706 tons, and then shrank dramatically in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea dropped to $3.7M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $4.2M, and then dropped in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0148821,057895-4.1%
Poland52055052569810.3%
Spain523614706494-1.9%
France239250276194-6.7%
Czech Republic22416225099.4-23.7%
China22.011.091.088.959.3%
Hungary0.726.115388.1401.1%
Switzerland73.213399.486.55.7%
Belgium71.492.012182.34.8%
Ireland16.092.369.156.752.5%
Sweden59.466.471.756.6-1.6%
Tunisia9.344.036.851.476.8%
Others43737277177020.8%
Total3,2093,2944,2263,6614.5%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Italy in 2022:

  1. Germany (145.0 tons)
  2. Poland (131.7 tons)
  3. Spain (67.7 tons)
  4. France (25.8 tons)
  5. Belgium (18.2 tons)
  6. Switzerland (17.5 tons)
  7. Czech Republic (15.6 tons)
  8. Ireland (12.9 tons)
  9. Sweden (12.6 tons)
  10. Hungary (11.7 tons)
  11. Tunisia (9.8 tons)
  12. China (8.9 tons)

Source: IndexBox Market Intelligence Platform

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