Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan - 2024

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (CIF) - 2024
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (FOB) - 2024
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (CIF) - 2024

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $21,250 per ton in July 2023, with an increase of 111% against the previous month. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in May 2023 an increase of 209% month-to-month. As a result, import price reached the peak level of $25,604 per ton. From June 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($22,373 per ton), while the price for China stood at $10,778 per ton.

From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (FOB) - 2024

In July 2023, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $12,389 per ton, with an increase of 21% against the previous month. Over the period under review, export price indicated a modest expansion from February 2023 to July 2023: its price increased at an average monthly rate of +1.7% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, export price for colouring matter; pigments and preparations based on chromium compoundses decreased by -33.7% against March 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 64% m-o-m. As a result, the export price reached the peak level of $18,685 per ton. From April 2023 to July 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($15,113 per ton), while the average price for exports to Singapore ($8,529 per ton) was amongst the lowest.

From February 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+20.5%), 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 Japan

Imports of colouring matter; pigments and preparations based on chromium compoundses into Japan reached 282 tons in 2022, picking up by 2.2% against 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.7%.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped to $3.2M in 2022. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,7271,7232,4552,099-17.4%
Indonesia5313735055923.7%
China21391.5148141-12.8%
India35.417.6N/A13757.0%
Malaysia20324133.4132-13.4%
Germany82.193.210757.6-11.1%
Others13223413.179.9-15.4%
Total4,9232,7743,2603,239-13.0%

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

  1. United States (144.0 tons)
  2. Indonesia (59.1 tons)
  3. India (31.8 tons)
  4. Malaysia (19.5 tons)
  5. China (19.3 tons)
  6. Germany (6.1 tons)

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

Exports of colouring matter; pigments and preparations based on chromium compoundses from Japan fell to 183 tons in 2022, flattening at the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 186 tons, and then declined modestly in the following year.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses contracted to $2.1M in 2022. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 27%.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea624593771466-9.3%
China3325196054177.9%
Taiwan (Chinese)59.253.377.427266.2%
Mexico2.2N/A58.8259390.1%
Germany738109109177-37.9%
India121102130118-0.8%
Thailand10295.21751164.4%
Philippines98.814293.899.50.2%
Czech Republic26.861.753.260.231.0%
Others26115124890.1-29.8%
Total2,3651,8262,3222,074-4.3%

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

  1. South Korea (40.4 tons)
  2. China (34.4 tons)
  3. Mexico (24.9 tons)
  4. Taiwan (Chinese) (20.1 tons)
  5. India (16.1 tons)
  6. Germany (16.1 tons)
  7. Czech Republic (11.3 tons)
  8. Philippines (10.2 tons)
  9. Thailand (4.1 tons)

Source: IndexBox Market Intelligence Platform

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