Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Tanzania - 2023

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Tanzania (CIF) - 2022
  2. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Tanzania

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,046 per ton, with a decrease of -26.7% against the previous year. In general, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 153%. The import price peaked at $4,169 per ton in 2012; however, from 2013 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 Kenya ($9,986 per ton), while the price for Vietnam ($805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Tanzania rose rapidly to 58 tons, increasing by 11% against 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. As a result, imports reached the peak of 96 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell rapidly to $177K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $218K, and then reduced notably in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India55.939.369.412631.1%
Kenya16.9N/A44.425.314.4%
VietnamN/A7.310122.676.0%
China70.01113.5N/A-77.6%
Others11.20.1N/A3.3-33.5%
Total1541582181774.7%

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

  1. Vietnam (28.1 tons)
  2. India (27.3 tons)
  3. Kenya (2.5 tons)

Source: IndexBox Market Intelligence Platform

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