Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Australia - 2024

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $5,270 per ton, jumping by 38% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% 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; ultramarine and preparations based therea increased by +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $5,572 per ton. From 2014 to 2022, the average import prices remained at a 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 France ($6,245 per ton), while the price for India ($4,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+69.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $5,000 per ton, jumping by 46% against the previous year. Over the period under review, the export price showed a measured increase. The growth pace was the most rapid in 2018 an increase of 317%. As a result, the export price reached the peak level of $13,436 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +2.2% per year.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia

In 2022, imports of colouring matter; ultramarine and preparations based therea into Australia surged to 161 tons, increasing by 25% compared with the previous year. Overall, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $850K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France32422232346012.4%
Spain95.665.740.221731.4%
India16.914.069.712594.8%
Italy3.52.11.421.382.6%
China38.057.145.54.7-50.2%
Others2.56.814.121.6105.2%
Total48036849485021.0%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Australia in 2022:

  1. France (73.7 tons)
  2. Spain (51.5 tons)
  3. India (30.3 tons)
  4. Italy (3.5 tons)
  5. China (1.1 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia

After three years of growth, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -98.7% to 75 kg in 2022. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 370%.

In value terms, exports of colouring matter; ultramarine and preparations based therea dropped markedly to $375 in 2022. Over the period under review, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 197% against the previous year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/A6.24.10.4-74.6%
ChinaN/AN/A14.5N/A0%
French PolynesiaN/A2.4N/AN/A0%
Indonesia2.4N/A0.5N/A-54.4%
Portugal0.4N/AN/AN/A0%
Others0.10.20.5N/A123.6%
Total3.08.819.60.4-48.9%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Australia in 2022:

  1. New Zealand (75.0 kg)

Source: IndexBox Market Intelligence Platform

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