Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina - 2023

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina (CIF) - 2023
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina (CIF) - 2023

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,378 per ton in June 2023, reducing by -5.8% against the previous month. Over the period from December 2022 to June 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 37% against the previous month. As a result, import price attained the peak level of $5,996 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($8,250 per ton), while the price for Mexico ($5,084 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,804 per ton in 2022, declining by -13.8% against the previous year. In general, the export price, however, showed a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $8,788 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($6,339 per ton), while the average price for exports to Paraguay ($4,738 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 Brazil (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Argentina dropped to 654 tons, reducing by -8.7% on the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of 716 tons, and then shrank in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded slightly to $3.2M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia1,0401,0711,5521,67217.1%
Canada34848471669025.6%
Mexico4674226636059.0%
France23.331.124.113077.4%
China45.122.066.763.612.1%
India18057.144.333.9-42.7%
Others73.839.788.832.7-23.8%
Total2,1782,1273,1563,22714.0%

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

  1. Colombia (350.3 tons)
  2. Canada (132.8 tons)
  3. Mexico (120.8 tons)
  4. France (20.0 tons)
  5. China (18.5 tons)
  6. India (6.2 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina

Exports of colouring matter; pigments and preparations based on chromium compoundses from Argentina skyrocketed to 12 tons in 2022, rising by 16% against 2021. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 415% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses totaled $68K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 295% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia26.316.326.141.316.2%
Chile5.5N/A24.224.263.9%
ParaguayN/AN/A4.52.4-46.7%
Thailand2.3N/AN/AN/A0%
BrazilN/AN/A12.5N/A0%
Others0.20.80.5N/A58.1%
Total34.317.267.867.925.6%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Argentina in 2022:

  1. Bolivia (7.4 tons)
  2. Chile (3.8 tons)
  3. Paraguay (0.5 tons)

Source: IndexBox Market Intelligence Platform

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