United Kingdom - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingExport of Titanium Dioxide Pigments Reaches $36M in UK for November 2023
United Kingdom Titanium Dioxide Pigments Exports
After two months of decline, shipments abroad of titanium dioxide pigments and colouring preparations increased by 17% to 12K tons in November 2023. Over the period under review, exports, however, showed a mild curtailment. The growth pace was the most rapid in January 2023 with an increase of 49% against the previous month.
In value terms, titanium dioxide pigments exports rose significantly to $36M (IndexBox estimates) in November 2023. Overall, exports, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in March 2023 when exports increased by 24% against the previous month. As a result, the exports attained the peak of $56M. From April 2023 to November 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Titanium Dioxide Pigments in United Kingdom (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Belgium | 6.2 | 2.5 | 3.6 | 6.3 | 11.0 | 8.9 | 7.9 | 6.7 | 9.1 | 12.5 | 3.0 | 2.2 | 5.6 |
| Germany | 4.0 | 1.8 | 5.5 | 4.3 | 5.9 | 4.4 | 7.0 | 5.0 | 5.5 | 3.6 | 4.3 | 4.6 | 3.9 |
| Italy | 2.1 | 0.8 | 2.3 | 2.9 | 3.3 | 2.5 | 2.1 | 3.1 | 3.0 | 1.2 | 2.8 | 3.2 | 3.0 |
| Spain | 1.0 | 0.6 | 2.6 | 1.1 | 1.8 | 1.7 | 1.1 | 3.0 | 2.4 | 2.0 | 2.3 | 2.6 | 2.8 |
| France | 3.8 | 1.9 | 4.9 | 4.5 | 6.3 | 4.6 | 4.9 | 4.3 | 4.5 | 3.8 | 3.2 | 3.8 | 2.6 |
| Turkey | 3.5 | 3.5 | 4.2 | 4.5 | 3.4 | 2.9 | 4.3 | 4.4 | 2.2 | 2.5 | 2.5 | 2.1 | 1.5 |
| Netherlands | 4.2 | 1.9 | 3.2 | 4.2 | 4.2 | 4.2 | 5.4 | 2.5 | 1.3 | 2.7 | 2.7 | 1.2 | 0.7 |
| Others | 26.5 | 36.7 | 19.7 | 17.2 | 19.9 | 18.9 | 17.8 | 19.5 | 13.2 | 12.6 | 13.8 | 14.0 | 15.9 |
| Total | 51.3 | 49.8 | 45.9 | 45.0 | 55.8 | 48.3 | 50.4 | 48.5 | 41.1 | 41.0 | 34.7 | 33.8 | 36.0 |
Exports by Country
Belgium (3K tons) was the main destination for titanium dioxide pigments exports from the UK, accounting for a 26% share of total exports. Moreover, titanium dioxide pigments exports to Belgium exceeded the volume sent to the second major destination, Germany (1.1K tons), threefold. Italy (958 tons) ranked third in terms of total exports with an 8.3% share.
From November 2022 to November 2023, the average monthly growth rate of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+0.4% per month) and Italy (+2.5% per month).
In value terms, the largest markets for titanium dioxide pigments exported from the UK were Belgium ($5.6M), Germany ($3.9M) and Italy ($3M), together comprising 35% of total exports. Spain, France, Turkey and the Netherlands lagged somewhat behind, together accounting for a further 21%.
In terms of the main countries of destination, Spain, with a CAGR of +8.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Exports by Type
Pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide (11K tons) was the largest type of titanium dioxide pigments exported from the UK, accounting for a 97% share of total exports. It was followed by pigments and preparations based on titanium dioxide (excluding those containing more than 80 % by weight of titanium dioxide) (367 tons), with a 3.2% share of total exports.
From November 2022 to November 2023, the average monthly growth rate of the volume of export of pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide was relatively modest.
In value terms, pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide ($30M) remains the largest type of titanium dioxide pigments exported from the UK, comprising 85% of total exports. The second position in the ranking was held by pigments and preparations based on titanium dioxide (excluding those containing more than 80 % by weight of titanium dioxide) ($5.5M), with a 15% share of total exports.
From November 2022 to November 2023, the average monthly growth rate of the export volume of pigments and preparations based on titanium dioxide containing more than 80 % by weight of titanium dioxide totaled -3.2%.
Export Prices by Country
In November 2023, the titanium dioxide pigments price amounted to $3,102 per ton (FOB, United Kingdom), waning by -8.9% against the previous month. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in December 2022 an increase of 63% month-to-month. As a result, the export price reached the peak level of $6,418 per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Turkey ($4,145 per ton), while the average price for exports to Belgium ($1,861 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the titanium dioxide pigments market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
- Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
