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

Contents:

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

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

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,650 per ton, picking up by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $5,666 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($10,177 per ton), while the average price for exports to Germany ($5,088 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 Sweden (+6.5%), 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 Denmark (CIF) - 2022

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $9,863 per ton in 2022, rising by 25% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 increased by +120.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 76%. Over the period under review, average import prices hit record highs at $11,102 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($11,948 per ton), while the price for the UK ($2,094 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of colouring matter; pigments and preparations based on chromium compoundses from Denmark surged to 92 tons, picking up by 42% compared with the previous year's figure. Overall, exports, however, saw a noticeable contraction.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $522K in 2022. In general, exports, however, recorded a relatively flat trend pattern.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2813231963335.8%
HungaryN/A22.63.776.483.9%
Ukraine10.71.4N/A25.333.2%
Spain26.114.313.017.1-13.1%
Netherlands6.711.920.815.532.3%
Italy84.025.37.412.9-46.4%
FinlandN/AN/A62.210.1-83.8%
Poland11.315.05.19.0-7.3%
Sweden56.80.51.01.8-68.4%
Others56.863.243.621.3-27.9%
Total534477352522-0.8%

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

  1. Germany (65.4 tons)
  2. Hungary (12.8 tons)
  3. Ukraine (3.5 tons)
  4. Spain (1.9 tons)
  5. Finland (1.8 tons)
  6. Italy (1.6 tons)
  7. Poland (1.5 tons)
  8. Netherlands (1.2 tons)
  9. Sweden (0.2 tons)

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

After two years of decline, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses increased by 22% to 24 tons in 2022. In general, imports, however, saw a abrupt decline.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $240K in 2022. Overall, imports, however, showed a abrupt decline.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden9.623.384.0155152.7%
Germany27799.021.461.5-39.4%
Netherlands60.10.56.921.9-28.6%
United KingdomN/AN/A12.50.1-99.2%
China28.727.60.3N/A-89.8%
Iran14.9N/A30.5N/A43.1%
Others0.20.20.81.281.7%
Total390151157240-14.9%

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

  1. Sweden (13.0 tons)
  2. Germany (8.8 tons)
  3. Netherlands (2.3 tons)

Source: IndexBox Market Intelligence Platform

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