United Kingdom - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIron Oxide Pigment Price in the UK - 2023
Contents:
- Iron Oxide Pigment Price in the UK (CIF) - 2023
- Iron Oxide Pigment Price in the UK (FOB) - 2022
- Iron Oxide Pigment Imports in the UK
- Iron Oxide Pigment Exports in the UK
Iron Oxide Pigment Price in the UK (CIF) - 2023
The average iron oxide pigment import price stood at $1,629 per ton in August 2023, standing approximately at the previous month. Over the period under review, the import price recorded a slight slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 39% month-to-month. The import price peaked at $2,532 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,788 per ton), while the price for Brazil ($611 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Oxide Pigment Price in the UK (FOB) - 2022
In 2022, the average iron oxide pigment export price amounted to $3,013 per ton, with an increase of 15% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron oxide pigment export price increased by +40.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 38%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,432 per ton), while the average price for exports to Turkey ($1,588 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 Belgium (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Iron Oxide Pigment Imports in the UK
In 2022, overseas purchases of iron oxide pigments decreased by -10.6% to 29K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of 33K tons, and then declined in the following year.
In value terms, iron oxide pigment imports expanded remarkably to $47M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Iron Oxide Pigment in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 20.4 | 18.3 | 22.6 | 20.5 | 0.2% |
China | 7.9 | 5.9 | 13.2 | 15.9 | 26.3% |
Italy | 3.4 | 3.1 | 4.5 | 4.1 | 6.4% |
Hong Kong SAR | 1.0 | 0.2 | 0.1 | 3.1 | 45.8% |
Netherlands | 0.4 | 0.2 | 0.5 | 0.6 | 14.5% |
Spain | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
Brazil | 1.0 | 1.3 | 0.4 | 0.3 | -33.1% |
Czech Republic | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Belgium | 1.5 | 1.1 | 1.3 | N/A | -6.9% |
Others | 2.6 | 1.6 | 1.4 | 1.9 | -9.9% |
Total | 38.7 | 32.1 | 44.6 | 47.1 | 6.8% |
Top Suppliers of Iron Oxide Pigment to the UK in 2022:
- Belgium (undefinedK tons)
- China (11.4K tons)
- Germany (11.3K tons)
- Hong Kong SAR (2.0K tons)
- Italy (0.9K tons)
- Spain (0.9K tons)
- Czech Republic (0.7K tons)
- Brazil (0.5K tons)
- Netherlands (0.5K tons)
Iron Oxide Pigment Exports in the UK
In 2022, approx. 4.4K tons of iron oxide pigments were exported from the UK; reducing by -10.6% on 2021 figures. Overall, exports showed a deep setback. The growth pace was the most rapid in 2021 when exports increased by 5.6% against the previous year.
In value terms, iron oxide pigment exports amounted to $13M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Iron Oxide Pigment in the UK (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 864 | 408 | 1,271 | 2,102 | 34.5% |
Germany | 2,011 | 1,935 | 1,838 | 1,549 | -8.3% |
Netherlands | 958 | 1,020 | 741 | 937 | -0.7% |
Saudi Arabia | 437 | 385 | 472 | 731 | 18.7% |
Ireland | 1,470 | 950 | 1,713 | 722 | -21.1% |
Belgium | 1,044 | 639 | 439 | 717 | -11.8% |
United States | 469 | 458 | 739 | 568 | 6.6% |
Spain | 402 | 298 | 794 | 488 | 6.7% |
United Arab Emirates | 908 | 1,005 | 138 | 386 | -24.8% |
South Africa | 384 | 336 | 371 | 271 | -11.0% |
Turkey | 102 | 103 | 277 | 254 | 35.5% |
Russia | 174 | 184 | 194 | 44.6 | -36.5% |
Others | 3,203 | 2,197 | 3,814 | 4,386 | 11.0% |
Total | 12,425 | 9,918 | 12,800 | 13,155 | 1.9% |
Top Export Markets for Iron Oxide Pigment from the UK in 2022:
- France (1215.8 tons)
- Germany (535.1 tons)
- Netherlands (449.6 tons)
- Saudi Arabia (361.6 tons)
- Ireland (236.6 tons)
- United Arab Emirates (182.0 tons)
- Turkey (160.0 tons)
- Spain (138.9 tons)
- South Africa (134.4 tons)
- Belgium (98.9 tons)
- United States (67.4 tons)
- Russia (18.8 tons)
This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3
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
This report provides an in-depth analysis of the iron oxide pigment market in the UK.
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in the UK.
This report provides an in-depth analysis of the global iron oxide pigment market.
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In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro
In value terms, lead oxides imports amounted to $X in 2016. In general, lead oxides imports continue to indicate a drastic curtailment. Over the period under review, global lead oxides imports reac...
In value terms, lead oxides exports amounted to $X in 2016. Overall, lead oxides exports continue to indicate a drastic reduction. Over the period under review, global lead oxides exports reached i...
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
In 2016, approx. X tons of iron oxide pigments were imported worldwide- remaining stable against the previous year figure. In general, iron oxide pigments imports continue to indicate a relativel...
According to the U.S. Geological Survey, 2014 was marked by a slight decrease in iron oxide pigments production in the U.S. compared with the previous year. Approximately X thousand tons of finished natural and synthetic iron oxide pigments were pro