Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Oman - 2022

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $3,411 per ton in 2022, growing by 14% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; pigments and preparations based on chromium compoundses increased by +26.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the peak figure at $4,966 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($13,799 per ton), while the price for China ($782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), 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 Oman (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,592 per ton, with an increase of 1.6% against the previous year. In general, the export price recorded mild growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 230%. As a result, the export price attained the peak level of $14,824 per ton. From 2016 to 2022, the average 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 Somalia ($7,483 per ton), while the average price for exports to Qatar amounted to $4,517 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+3.1%).

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

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Oman skyrocketed to 30 tons, jumping by 51% against the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. Over the period under review, imports of attained the peak figure 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 skyrocketed to $101K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A39.30%
India26.335.037.736.311.3%
United Arab Emirates11.421.14.68.5-9.3%
Spain3.24.04.43.42.0%
Germany7.46.55.12.8-27.7%
EgyptN/AN/AN/A2.70%
China0.90.21.62.744.2%
Pakistan2.02.32.31.7-5.3%
Others7.85.32.53.4-24.2%
Total58.974.558.210119.7%

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

  1. Canada (9.6 tons)
  2. India (8.8 tons)
  3. China (3.5 tons)
  4. Germany (2.5 tons)
  5. United Arab Emirates (2.1 tons)
  6. Spain (1.3 tons)
  7. Egypt (0.7 tons)
  8. Pakistan (0.5 tons)

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

In 2022, approx. 1.1 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Oman; with an increase of 33% against the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses surged to $5.3K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar2.83.43.95.122.1%
SomaliaN/AN/AN/A0.20%
Yemen0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.93.43.95.322.3%

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

  1. Qatar (1119.0 kg)
  2. Somalia (29.0 kg)

Source: IndexBox Market Intelligence Platform

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