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

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,321 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price, however, showed a mild decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 102% against the previous year. Over the period under review, average import prices reached the maximum at $6,538 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,892 per ton), while the price for India ($3,017 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+69.9%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $15,053 per ton, surging by 125% against the previous year. Overall, the export price showed a notable expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 143%. Over the period under review, the average export prices attained the peak figure at $17,815 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($15,639 per ton), while the average price for exports to Bangladesh stood at $8,633 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+0.8%).

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

Imports of colouring matter; pigments and preparations based on chromium compoundses into Sri Lanka soared to 45 tons in 2022, growing by 43% against the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% 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 +69.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $194K in 2022. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.35.532.8118349.4%
China12082.249.347.1-26.8%
Germany0.54.314.913.9202.9%
VietnamN/A0.812.04.0123.6%
Others10.24.513.510.61.3%
Total13297.312319413.7%

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

  1. India (39.2 tons)
  2. Germany (1.9 tons)
  3. China (1.8 tons)
  4. Vietnam (1.2 tons)

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

In 2022, approx. 586 kg of colouring matter; pigments and preparations based on chromium compoundses were exported from Sri Lanka; surging by 788% on the previous year's figure. In general, exports recorded significant growth. 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 $8.8K in 2022. Over the period under review, exports saw a significant increase. 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A8.40%
Bangladesh0.80.10.40.4-20.6%
PakistanN/A1.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.81.40.48.8122.4%

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

  1. Indonesia (537.0 kg)
  2. Bangladesh (49.0 kg)

Source: IndexBox Market Intelligence Platform

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