Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt - 2023

Contents:

  1. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (CIF) - 2023
  2. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (FOB) - 2022
  3. Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt
  4. Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (CIF) - 2023

In November 2023, the average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $4,684 per ton, jumping by 25% against the previous month. Over the period under review, the import price continues to indicate a perceptible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +3.5% per month.

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (FOB) - 2022

The average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $5,661 per ton in 2022, with an increase of 14% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides increased by +91.3% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($21,369 per ton), while the average price for exports to the Netherlands ($989 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 Canada (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt

For the third consecutive year, Egypt recorded decline in supplies from abroad of colouring matter; lithopone and other pigments and preparations based on zinc sulphides, which decreased by -46.2% to 438 tons in 2022. Over the period under review, imports saw a sharp decline. The smallest decline of -24.2% was in 2021.

In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides declined sharply to $1.4M in 2022. In general, imports recorded a sharp curtailment. The smallest decline of -30% was in 2021.

Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.02.51.71.4-34.6%
Italy0.10.10.1N/A0.0%
Others0.20.30.3N/A22.5%
Total5.22.92.01.4-35.4%

Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to Egypt in 2022:

  1. China (438.1 tons)

Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt

Exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides from Egypt reduced to 9.8 tons in 2022, which is down by -11.7% compared with 2021. Overall, exports saw a deep setback. The smallest decline of -11.6% was in 2021.

In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides reached $55K in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 1%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan7.79.210.812.718.2%
Morocco9.89.28.78.1-6.2%
Tunisia9.08.78.48.0-3.9%
Algeria4.95.45.86.28.2%
Jordan6.16.16.16.10.0%
Libya1.31.62.02.422.7%
Turkey1.71.61.51.4-6.3%
Sudan1.81.61.51.3-10.3%
Kenya1.51.41.31.2-7.2%
Qatar1.01.01.01.00.0%
Saudi Arabia1.51.31.10.9-15.7%
United Arab Emirates1.00.90.80.7-11.2%
Netherlands0.30.30.20.2-12.6%
Others6.05.85.45.1-5.3%
Total53.654.154.755.31.0%

Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from Egypt in 2022:

  1. Tunisia (4204.0 kg)
  2. Morocco (1230.0 kg)
  3. Turkey (944.0 kg)
  4. Libya (605.0 kg)
  5. Pakistan (594.0 kg)
  6. Algeria (393.0 kg)
  7. Jordan (373.0 kg)
  8. United Arab Emirates (301.0 kg)
  9. Saudi Arabia (276.0 kg)
  10. Qatar (178.0 kg)
  11. Netherlands (177.0 kg)
  12. Kenya (176.0 kg)
  13. Sudan (106.0 kg)

Source: IndexBox Market Intelligence Platform

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