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

Contents:

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

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $12,596 per ton, with an increase of 3.6% against the previous year. Overall, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2019 when the average import price increased by 31%. Over the period under review, average import prices reached the peak figure at $24,226 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($22,043 per ton), while the price for Latvia ($5,203 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $66,229 per ton, picking up by 834% against the previous year. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($953,477 per ton), while the average price for exports to Germany ($4,750 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 Kyrgyzstan (+65.4%), 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 Lithuania

Imports of colouring matter; pigments and preparations based on chromium compoundses into Lithuania was estimated at 22 tons in 2022, surging by 11% against the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +81.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses soared to $272K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +78.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia0.10.13.790.3866.6%
Sweden15913014389.1-17.6%
Czech Republic23.37.136.726.84.8%
Italy2.5N/A3.616.888.7%
BelgiumN/A2.44.814.6146.6%
Netherlands6.39.116.110.719.3%
LatviaN/AN/AN/A8.20%
Poland0.80.819.41.626.0%
Others2.12.28.313.786.9%
Total19415223527211.9%

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

  1. Sweden (6.7 tons)
  2. Estonia (4.1 tons)
  3. Czech Republic (3.4 tons)
  4. Belgium (2.1 tons)
  5. Italy (1.8 tons)
  6. Latvia (1.6 tons)
  7. Netherlands (1.0 tons)
  8. Poland (0.1 tons)

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

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Lithuania contracted markedly to 2.5 tons, waning by -61.9% against 2021. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. As a result, the exports attained the peak of 6.7 tons, and then contracted rapidly in the following year.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $168K in 2022. Over the period under review, exports, however, enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A82.00%
ArmeniaN/AN/AN/A49.00%
Latvia5.23.84.315.844.8%
Russia5.119.916.17.815.2%
KazakhstanN/AN/AN/A7.00%
Belarus0.10.91.54.5255.7%
Estonia6.51.225.31.6-37.3%
Switzerland8.1N/AN/AN/A0%
OthersN/A0.2N/A0.558.1%
Total25.026.047.216888.7%

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

  1. Latvia (1332.0 kg)
  2. Russia (454.0 kg)
  3. Estonia (259.0 kg)
  4. Kazakhstan (162.0 kg)
  5. Belarus (153.0 kg)
  6. Kyrgyzstan (86.0 kg)
  7. Armenia (59.0 kg)

Source: IndexBox Market Intelligence Platform

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