Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (CIF) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,301 per ton, with an increase of 9.3% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +53.9% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 45%. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 China ($5,175 per ton), while the price for the UK ($932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,240 per ton, growing by 5.9% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
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 Slovenia ($9,219 per ton), while the average price for exports to Thailand ($1,577 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 Slovenia (+91.0%), 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 South Africa
Imports of colouring matter; pigments and preparations based on chromium compoundses into South Africa shrank slightly to 1.3K tons in 2022, which is down by -1.7% on the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 9.3%.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded notably to $5.6M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,349 | 2,445 | 3,037 | 3,198 | 10.8% |
| China | 889 | 802 | 874 | 1,488 | 18.7% |
| Colombia | 861 | 523 | 806 | 579 | -12.4% |
| United Kingdom | 545 | 131 | 8.5 | 169 | -32.3% |
| Canada | 129 | 25.9 | 268 | 89.2 | -11.6% |
| United Arab Emirates | N/A | 32.3 | 92.1 | N/A | 185.1% |
| Others | 85.0 | 129 | 162 | 115 | 10.6% |
| Total | 4,858 | 4,088 | 5,248 | 5,639 | 5.1% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to South Africa in 2022:
- India (672.4 tons)
- China (287.5 tons)
- United Kingdom (181.7 tons)
- Colombia (133.8 tons)
- Canada (20.3 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa
In 2022, shipments abroad of colouring matter; pigments and preparations based on chromium compoundses increased by 2.3% to 328 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses rose notably to $1.1M in 2022. In general, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 97.6 | 111 | 132 | 284 | 42.8% |
| Namibia | 777 | 463 | 497 | 240 | -32.4% |
| Malawi | 37.1 | 39.6 | 38.1 | 98.0 | 38.2% |
| Thailand | N/A | N/A | N/A | 84.5 | 0% |
| Botswana | 15.3 | 32.3 | 65.7 | 39.7 | 37.4% |
| Zambia | 99.0 | 61.0 | 28.4 | 36.1 | -28.6% |
| Swaziland | 77.3 | 75.2 | 76.3 | 34.0 | -23.9% |
| Others | 187 | 94.3 | 143 | 246 | 9.6% |
| Total | 1,290 | 877 | 981 | 1,062 | -6.3% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from South Africa in 2022:
- Namibia (97.9 tons)
- Zimbabwe (67.8 tons)
- Thailand (53.6 tons)
- Malawi (20.5 tons)
- Swaziland (19.4 tons)
- Botswana (15.4 tons)
- Zambia (11.2 tons)
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