Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada - 2024

Contents:

1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada (FOB) - 2022
2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada (CIF) - 2024
3. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada
4. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada (FOB) - 2022

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,792 per ton in 2022, increasing by 1.7% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,109 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.1% per year.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada (CIF) - 2024

In September 2023, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $6,407 per ton, dropping by -70.9% against the previous month. Over the period under review, the import price recorded a significant curtailment. The growth pace was the most rapid in August 2023 an increase of 144% month-to-month. The import price peaked at $51,331 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($13,866 per ton), while the price for India ($3,693 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (-2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada

In 2022, approx. 494 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Canada; surging by 9.8% compared with the year before. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses expanded notably to $2.9M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Canada in 2022:

1. United States (493.8 tons)

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Canada

In 2022, supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -42.7% to 271 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports reached the peak of 473 tons, and then contracted remarkably in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses rose modestly to $2.3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +63.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Canada in 2022:

1. Netherlands (112.2 tons)
2. United States (83.9 tons)
3. Germany (37.3 tons)
4. India (27.6 tons)
5. Mexico (6.7 tons)

Source: IndexBox Market Intelligence Platform