Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark (FOB) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark (CIF) - 2023
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark (FOB) - 2023
The average export price for colouring matter; ultramarine and preparations based therea stood at $5,518 per ton in September 2023, surging by 2.1% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 19% month-to-month. As a result, the export price attained the peak level of $6,907 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was Switzerland ($6,510 per ton), while the average price for exports to Ukraine stood at $4,801 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark (CIF) - 2023
In August 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $7,308 per ton, growing by 8.1% against the previous month. In general, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 47% month-to-month. Over the period under review, average import prices attained the maximum at $9,966 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($9,802 per ton), while the price for Spain ($5,601 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark
In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -0.3% to 294 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 38%.
In value terms, exports of colouring matter; ultramarine and preparations based therea skyrocketed to $1.7M in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 11.6 | 203 | 65.9 | 411 | 228.4% |
| Germany | 224 | 360 | 362 | 386 | 19.9% |
| Poland | 108 | 102 | 150 | 171 | 16.6% |
| Ireland | 38.7 | 107 | 232 | 132 | 50.5% |
| France | 76.4 | 108 | 195 | 125 | 17.8% |
| Italy | 41.4 | 50.1 | 93.0 | 107 | 37.2% |
| Sweden | 70.0 | 56.0 | 74.3 | 82.5 | 5.6% |
| Spain | 65.2 | 46.0 | 114 | 77.8 | 6.1% |
| Belgium | 75.9 | 51.0 | 53.6 | 32.3 | -24.8% |
| Others | 80.3 | 71.4 | 118 | 168 | 27.9% |
| Total | 791 | 1,155 | 1,456 | 1,693 | 28.9% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Denmark in 2022:
- Germany (71.5 tons)
- New Zealand (55.5 tons)
- Poland (33.2 tons)
- France (24.1 tons)
- Italy (20.6 tons)
- Ireland (20.2 tons)
- Sweden (16.7 tons)
- Spain (15.1 tons)
- Belgium (6.9 tons)
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Denmark
In 2022, approx. 256 tons of colouring matter; ultramarine and preparations based therea were imported into Denmark; with an increase of 18% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +49.8% against 2019 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; ultramarine and preparations based therea skyrocketed to $1.6M in 2022. Overall, imports posted 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 Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 516 | 546 | 610 | 755 | 13.5% |
| Sweden | 211 | 214 | 238 | 618 | 43.1% |
| France | 110 | 161 | 191 | 184 | 18.7% |
| Others | 7.8 | 2.8 | 26.6 | 15.3 | 25.2% |
| Total | 845 | 924 | 1,066 | 1,572 | 23.0% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Denmark in 2022:
- Spain (163.5 tons)
- Sweden (63.1 tons)
- France (27.9 tons)
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