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

Contents:

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

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

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $8,383 per ton in 2022, waning by -2.7% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% 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; pigments and preparations based on chromium compoundses increased by +86.5% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 54%. The export price peaked at $8,612 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20,372 per ton), while the average price for exports to South Korea ($5,567 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 Senegal (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $2,550 per ton in 2022, which is down by -31% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 37%. Over the period under review, average import prices attained the maximum at $7,521 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,552 per ton), while the price for the Netherlands ($920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 190 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Belgium; surging by 7.5% compared with the previous year. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses expanded slightly to $1.6M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 58%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France36929169354614.0%
Netherlands3022332403565.6%
JapanN/AN/AN/A1980%
ChinaN/AN/A63.012395.2%
Germany224141181115-19.9%
South KoreaN/AN/AN/A93.20%
Austria43.844.854.855.28.0%
Senegal53.540.939.027.9-19.5%
United States9.91.288.0N/A198.1%
Taiwan (Chinese)18.3N/A63.0N/A85.5%
Others13821099.977.8-17.4%
Total1,1599621,5221,59211.2%

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

  1. France (49.1 tons)
  2. Netherlands (43.5 tons)
  3. Japan (30.1 tons)
  4. China (16.7 tons)
  5. South Korea (16.7 tons)
  6. Germany (13.9 tons)
  7. Austria (6.6 tons)
  8. Senegal (2.9 tons)

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

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Belgium soared to 532 tons, rising by 129% on 2021. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $1.4M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +61.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28212621358227.3%
Netherlands3253662393653.9%
Germany503313338242-21.6%
Spain0.12.910.11451031.9%
Others62.935.157.223.7-27.8%
Total1,1748438571,3585.0%

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

  1. Netherlands (397.1 tons)
  2. France (77.1 tons)
  3. Germany (37.5 tons)
  4. Spain (19.2 tons)

Source: IndexBox Market Intelligence Platform

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