Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines - 2023
Contents:
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (CIF) - 2022
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (FOB) - 2022
- Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines
- Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (CIF) - 2022
The average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $700 per ton in 2022, which is down by -67.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 133% against the previous year. Over the period under review, average import prices reached the peak figure at $2,127 per ton in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,619 per ton), while the price for Australia ($326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (FOB) - 2022
The average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $3,695 per ton in 2022, remaining stable against the previous year. Overall, export price indicated a notable 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 +62.6% against 2013 indices. The growth pace was the most rapid in 2020 an increase of 13% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +5.0% per year.
Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines
In 2022, the amount of colouring matter; lithopone and other pigments and preparations based on zinc sulphides imported into the Philippines soared to 1.1K tons, with an increase of 144% on 2021 figures. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 695%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides declined dramatically to $777K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,489%. As a result, imports reached the peak of $969K, and then fell remarkably in the following year.
| Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.3 | 12.9 | 56.6 | 586 | 206.8% |
| India | 7.7 | 4.8 | 16.3 | 83.3 | 121.2% |
| Japan | 73.4 | 30.2 | 245 | 64.3 | -4.3% |
| South Korea | 1.4 | 0.7 | 3.0 | 24.3 | 158.9% |
| Australia | N/A | N/A | 508 | 6.5 | -98.7% |
| Hong Kong SAR | 4.1 | 6.1 | 104 | N/A | 403.6% |
| Others | 7.0 | 6.2 | 36.4 | 12.3 | 20.7% |
| Total | 114 | 61.0 | 969 | 777 | 89.6% |
Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to the Philippines in 2022:
- China (928.4 tons)
- India (110.3 tons)
- South Korea (32.1 tons)
- Australia (20.1 tons)
- Japan (17.8 tons)
Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines
In 2022, approx. 6.1 tons of colouring matter; lithopone and other pigments and preparations based on zinc sulphides were exported from the Philippines; standing approx. at 2021. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 0.5% against the previous year.
In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides reached $22K in 2022. In general, exports, however, showed a drastic downturn.
| Export of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 33.6 | 22.2 | 22.4 | 22.5 | -12.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.6 | 22.2 | 22.4 | 22.5 | -12.5% |
Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from the Philippines in 2022:
- Thailand (6.1 tons)
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