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

Contents:

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

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

In July 2023, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $10,815 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price recorded a modest expansion. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 6.8% against the previous month. The export price peaked at $11,639 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From February 2023 to July 2023, the rate of growth in terms of prices for the United States amounted to +1.4% per month.

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,351 per ton in August 2023, stabilizing at the previous month. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 73% month-to-month. The import price peaked at $16,949 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($20,704 per ton), while the price for India ($4,649 per ton) was amongst the lowest.

From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of colouring matter; pigments and preparations based on chromium compoundses from Mexico skyrocketed to 964 tons in 2022, jumping by 533% against the year before. Overall, exports, however, recorded a abrupt downturn.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $10M in 2022. In general, exports continue to indicate a notable increase.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.29.91.110.02.8%
Others0.10.3N/AN/A200.0%
Total9.310.31.110.02.4%

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

  1. United States (964.0 tons)

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

In 2022, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -25.9% to 259 tons, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 981 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses contracted rapidly to $1.7M in 2022. Over the period under review, imports recorded a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, imports reached the peak of $4.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7519871,046685-3.0%
India4124372264140.2%
Canada2,1972,184715371-44.7%
China75.310734.714624.7%
Germany16145387.366.5-25.5%
Spain35529880.0N/A-52.5%
OthersN/AN/AN/AN/A0%
Total3,9514,4662,1881,683-24.8%

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

  1. India (88.4 tons)
  2. Canada (73.1 tons)
  3. United States (60.0 tons)
  4. China (32.4 tons)
  5. Germany (5.2 tons)

Source: IndexBox Market Intelligence Platform

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