Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Canada - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (CIF) - 2024
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (CIF) - 2024
In September 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $8,688 per ton, surging by 22% against the previous month. Over the period under review, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in June 2023 an increase of 76% against the previous month. The import price peaked at $10,535 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 Spain ($22,362 per ton), while the price for Belgium ($4,714 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 India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $7,355 per ton in 2022, dropping by -14.3% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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; ultramarine and preparations based therea increased by +29.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 70% against the previous year. As a result, the export price attained the peak level of $9,390 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,913 per ton), while the average price for exports to the United States stood at $7,348 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada
In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea decreased by -1.1% to 341 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports reached the peak of 362 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of colouring matter; ultramarine and preparations based therea reached $2.2M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.7%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 790 | 651 | 830 | 932 | 5.7% |
| Colombia | 653 | 690 | 828 | 781 | 6.1% |
| France | 200 | 167 | 188 | 194 | -1.0% |
| India | 125 | 322 | 141 | 165 | 9.7% |
| Spain | 162 | 178 | 140 | 113 | -11.3% |
| Others | 39.1 | 16.6 | 11.9 | 31.0 | -7.4% |
| Total | 1,968 | 2,024 | 2,140 | 2,216 | 4.0% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Canada in 2022:
- Colombia (155.9 tons)
- United States (123.4 tons)
- India (31.0 tons)
- France (15.6 tons)
- Spain (11.8 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada
In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -75.3% to 37 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 123% against the previous year.
In value terms, exports of colouring matter; ultramarine and preparations based therea shrank markedly to $274K in 2022. Overall, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 82%. As a result, the exports attained the peak of $1.3M, and then declined notably in the following year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 440 | 677 | 493 | 262 | -15.9% |
| Netherlands | N/A | 16.6 | N/A | 10.2 | -21.6% |
| Ireland | N/A | N/A | 804 | N/A | 0% |
| Others | 5.7 | 21.0 | 0.5 | 1.8 | -31.9% |
| Total | 446 | 715 | 1,298 | 274 | -15.0% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Canada in 2022:
- United States (35.7 tons)
- Netherlands (1.3 tons)
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