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

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,459 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $5,266 per ton in 2014; however, from 2015 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 Colombia ($5,160 per ton), while the price for China ($1,203 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.5%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $10,636 per ton, which is down by -5.5% against the previous year. Overall, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2019 an increase of 66% against the previous year. The export price peaked at $11,249 per ton in 2021, and then fell in the following year.

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 Argentina ($9,965 per ton), while the average price for exports to Colombia ($3,382 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 Peru (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses imported into Ecuador dropped significantly to 201 tons, which is down by -29.6% on the year before. In general, imports showed a slight downturn. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports attained the peak of 285 tons, and then shrank notably in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses contracted rapidly to $895K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 53%. As a result, imports reached the peak of $1.1M, and then reduced remarkably in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia679348580522-8.4%
Mexico12525234719015.0%
Canada15.032.236.173.269.6%
Brazil28.633.332.865.331.7%
China27.76.244.726.5-1.5%
India12.520.49.710.8-4.8%
Others6.86.318.77.42.9%
Total8946981,0698950.0%

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

  1. Colombia (101.1 tons)
  2. Mexico (37.0 tons)
  3. China (22.1 tons)
  4. Brazil (18.9 tons)
  5. Canada (14.9 tons)
  6. India (5.4 tons)

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

In 2022, approx. 1.4 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Ecuador; surging by 285% against the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses surged to $15K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina3.15.53.713.362.5%
Colombia0.10.30.10.344.2%
Others0.20.50.51.7104.1%
Total3.46.24.215.365.1%

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

  1. Argentina (1333.0 kg)
  2. Colombia (76.0 kg)

Source: IndexBox Market Intelligence Platform

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