Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Angola - 2022

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Angola (CIF) - 2022
  2. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Angola

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,025 per ton, increasing by 4.8% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; pigments and preparations based on chromium compoundses decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 62% against the previous year. The import price peaked at $5,784 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Portugal ($5,481 per ton) and South Africa ($4,983 per ton), while the price for India ($3,766 per ton) and Lebanon ($4,616 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 31 tons of colouring matter; pigments and preparations based on chromium compoundses were imported into Angola; reducing by -8.3% on the year before. In general, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,846%. As a result, imports reached the peak of 34 tons, and then shrank in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses contracted to $125K in 2022. Overall, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 2,618%. As a result, imports reached the peak of $130K, and then dropped slightly in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India65.5N/A48.694.212.9%
PortugalN/A2.64.617.0155.7%
Lebanon3.7N/A62.811.345.1%
South Africa5.11.21.52.6-20.1%
TurkeyN/A0.912.6N/A1300.0%
Others0.1N/AN/AN/A0%
Total74.44.813012518.9%

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

  1. India (25.0 tons)
  2. Portugal (3.1 tons)
  3. Lebanon (2.5 tons)
  4. South Africa (0.5 tons)

Source: IndexBox Market Intelligence Platform

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