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

Contents:

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

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $9,567 per ton, which is down by -8.3% against the previous year. Overall, the import price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 95% against the previous year. The import price peaked at $19,076 per ton in 2017; however, from 2018 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 the Netherlands ($22,089 per ton), while the price for Belgium ($4,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.0%), 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 Hungary (FOB) - 2022

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $9,041 per ton in 2022, dropping by -42.9% against the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 132%. The export price peaked at $16,806 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Slovenia ($62,000 per ton), while the average price for exports to Serbia ($4,201 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 Slovenia (+25.8%), 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 Hungary

After three years of growth, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -20.5% to 27 tons in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 127%. As a result, imports reached the peak of 34 tons, and then contracted significantly in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped rapidly to $257K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of $353K, and then contracted notably in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands140170181136-1.0%
SwedenN/AN/A72.565.5-9.7%
DenmarkN/AN/A18.617.3-7.0%
BelgiumN/AN/AN/A9.90%
Germany10.07.610.89.4-2.0%
Spain0.27.115.96.5219.1%
Austria4.04.832.35.511.2%
Poland20.511.21.92.1-53.2%
ChinaN/A7.014.52.0-46.5%
Others5.133.25.12.8-18.1%
Total18024135325712.6%

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

  1. Sweden (13.9 tons)
  2. Netherlands (6.2 tons)
  3. Belgium (2.3 tons)
  4. Denmark (1.4 tons)
  5. Germany (1.1 tons)
  6. Spain (1.0 tons)
  7. Austria (0.3 tons)
  8. Poland (0.2 tons)
  9. China (0.1 tons)

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

In 2022, exports of colouring matter; pigments and preparations based on chromium compoundses from Hungary rose notably to 3.8 tons, picking up by 10% compared with 2021. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses shrank dramatically to $34K in 2022. In general, exports, however, saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $54K, and then dropped rapidly in the following year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland22.021.123.729.910.8%
SerbiaN/AN/AN/A1.60%
Slovakia1.31.20.61.42.5%
Romania1.71.92.40.8-22.2%
Germany14.813.020.60.1-81.1%
ChinaN/AN/A3.2N/A0%
Others1.73.23.80.4-38.3%
Total41.540.454.434.2-6.2%

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

  1. Poland (3222.0 kg)
  2. Serbia (384.0 kg)
  3. Slovakia (103.0 kg)
  4. Romania (54.0 kg)
  5. Germany (4.0 kg)

Source: IndexBox Market Intelligence Platform

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