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

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,152 per ton in 2022, jumping by 20% against the previous year. In general, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2016 an increase of 35% against the previous year. The import price peaked at $5,344 per ton in 2013; however, from 2014 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 Germany ($10,584 per ton), while the price for China ($2,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), 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 Russia (FOB) - 2022

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,182 per ton in 2022, with an increase of 22% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for colouring matter; pigments and preparations based on chromium compoundses increased by +37.1% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($17,500 per ton), while the average price for exports to Kazakhstan stood at $4,015 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+41.4%), 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 Russia

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses imported into Russia expanded notably to 2.1K tons, picking up by 14% on the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked 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 $8.7M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,0701,2892,5034,32859.3%
China1,0601,1191,3052,09325.5%
Turkey86.73136971,006126.4%
Netherlands43.3N/AN/A484123.6%
SerbiaN/AN/AN/A4470%
Colombia478576725125-36.1%
Germany518445626107-40.9%
France2052522652.3-77.6%
Others434374226110-36.7%
Total3,8944,3686,3478,70230.7%

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

  1. India (964.5 tons)
  2. China (778.6 tons)
  3. Turkey (193.9 tons)
  4. Serbia (56.7 tons)
  5. Netherlands (49.4 tons)
  6. Colombia (31.0 tons)
  7. Germany (10.2 tons)
  8. France (0.5 tons)

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

After three years of growth, overseas shipments of colouring matter; pigments and preparations based on chromium compoundses decreased by -72.3% to 32 tons in 2022. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of 116 tons, and then declined significantly in the following year.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses dropped significantly to $134K in 2022. Overall, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $396K, and then dropped dramatically in the following year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan48.612316512737.7%
Nigeria37.6N/AN/AN/A0%
Uzbekistan12648.4N/AN/A-61.6%
Belarus123122213N/A31.6%
Others21.57.118.96.8-31.9%
Total357301396134-27.9%

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

  1. Kazakhstan (31.7 tons)

Source: IndexBox Market Intelligence Platform

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