Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States - 2024

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States (CIF) - 2024
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States (FOB) - 2024
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States (CIF) - 2024

In September 2023, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $8,084 per ton, declining by -26.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 29% m-o-m. The import price peaked at $10,988 per ton in August 2023, and then declined remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($9,610 per ton), while the price for Austria ($2,626 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+65.0%), 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 the United States (FOB) - 2024

In September 2023, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $10,996 per ton, dropping by -47.7% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 116% month-to-month. Over the period under review, the average export prices reached the maximum at $21,009 per ton in August 2023, and then fell sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($13,243 per ton), while the average price for exports to Canada ($8,773 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+7.2%), 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 the United States

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses imported into the United States fell to 2.4K tons, which is down by -5.5% compared with the previous year. Over the period under review, imports saw a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9% against the previous year. As a result, imports reached the peak of 2.5K tons, and then contracted in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded sharply to $21M in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico11.311.515.115.09.9%
Canada2.52.62.52.83.8%
Germany0.30.20.61.778.3%
China0.30.20.21.049.4%
Netherlands0.40.50.20.40.0%
India0.6N/AN/A0.1-45.0%
France0.20.20.10.1-20.6%
Others0.60.90.60.2-30.7%
Total16.116.119.421.39.8%

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

  1. Mexico (1423.3 tons)
  2. Canada (489.3 tons)
  3. China (169.1 tons)
  4. Germany (118.0 tons)
  5. Netherlands (99.4 tons)
  6. France (23.4 tons)
  7. India (18.4 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States

In 2022, exports of colouring matter; pigments and preparations based on chromium compoundses from the United States soared to 1.2K tons, with an increase of 16% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 155%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses contracted to $4.3M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $4.8M, and then contracted in the following year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,0813938481,058-0.7%
Mexico8931,3991,9641,0505.5%
UruguayN/AN/A454955110.4%
Brazil2.747.719.8380420.2%
Guatemala4.092.012175.2165.9%
Germany30810745912.5-65.6%
Others1,1561,434897761-13.0%
Total3,4443,4734,7634,2927.6%

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

  1. Uruguay (905.7 tons)
  2. Canada (99.0 tons)
  3. Mexico (85.6 tons)
  4. Brazil (64.9 tons)
  5. Guatemala (12.0 tons)
  6. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform

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