Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy - 2023
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy (CIF) - 2023
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy (CIF) - 2023
In August 2023, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $16,827 per ton, rising by 133% against the previous month. In general, the import price showed a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($50,757 per ton), while the price for Spain ($14,881 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+17.9%), 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 Italy (FOB) - 2022
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $6,489 per ton in 2022, increasing by 64% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $9,550 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($11,340 per ton), while the average price for exports to Mexico ($4,101 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 Tunisia (+16.5%), 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 Italy
For the third consecutive year, Italy recorded decline in purchases abroad of colouring matter; pigments and preparations based on chromium compoundses, which decreased by -34.6% to 261 tons in 2022. Overall, imports recorded a precipitous decrease. The smallest decline of -1.4% was in 2021.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses reduced markedly to $1.7M in 2022. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,780 | 523 | 658 | 914 | -19.9% |
| Netherlands | 368 | 182 | 474 | 446 | 6.6% |
| Germany | 656 | 513 | 816 | 238 | -28.7% |
| Sweden | 139 | 66.1 | 0.4 | 2.7 | -73.1% |
| Belgium | 42.9 | 36.2 | 50.4 | N/A | 8.4% |
| Canada | 616 | 360 | 151 | N/A | -50.5% |
| Others | 185 | 196 | 121 | 131 | -10.9% |
| Total | 3,788 | 1,877 | 2,271 | 1,731 | -23.0% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Italy in 2022:
- Spain (184.4 tons)
- Netherlands (41.2 tons)
- Germany (25.6 tons)
- Sweden (0.5 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Italy
Exports of colouring matter; pigments and preparations based on chromium compoundses from Italy dropped notably to 99 tons in 2022, with a decrease of -32.6% on 2021 figures. In general, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. As a result, the exports reached the peak of 147 tons, and then reduced dramatically in the following year.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses rose remarkably to $644K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | 119 | 298 | 306 | 60.4% |
| Denmark | 19.6 | N/A | 56.5 | 109 | 77.2% |
| Kenya | 6.2 | 20.3 | N/A | 37.7 | 82.5% |
| Spain | 47.5 | 12.4 | 32.0 | 26.0 | -18.2% |
| Czech Republic | 3.9 | 4.1 | 2.5 | 25.2 | 86.3% |
| Mexico | N/A | N/A | 3.0 | 20.5 | 583.3% |
| Poland | 2.3 | 16.3 | 14.2 | 16.6 | 93.3% |
| Lithuania | N/A | N/A | 4.9 | 12.7 | 159.2% |
| Australia | 2.6 | 76.4 | 40.4 | 9.9 | 56.2% |
| Brazil | 209 | N/A | N/A | 5.1 | -71.0% |
| Germany | 31.6 | 172 | 15.3 | 3.9 | -50.2% |
| Lebanon | N/A | N/A | 67.0 | N/A | 0% |
| Tunisia | 93.1 | 4.3 | 3.5 | N/A | -80.6% |
| Others | 203 | 78.3 | 43.1 | 71.4 | -29.4% |
| Total | 619 | 504 | 581 | 644 | 1.3% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Italy in 2022:
- Austria (58.9 tons)
- Denmark (9.6 tons)
- Czech Republic (5.6 tons)
- Mexico (5.0 tons)
- Kenya (4.9 tons)
- Lithuania (2.5 tons)
- Poland (2.4 tons)
- Spain (2.4 tons)
- Australia (1.4 tons)
- Germany (0.8 tons)
- Brazil (0.2 tons)
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