Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Finland - 2023

Contents:

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

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $8,987 per ton in 2022, reducing by -6.3% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +78.0% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 57% against the previous year. As a result, import price attained the peak level of $9,593 per ton, and then declined in the following year.

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 Belgium ($14,793 per ton), while the price for Sweden ($6,342 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for colouring matter; ultramarine and preparations based therea stood at $5,300 per ton in 2022, reducing by -40.8% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $22,000 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +24.3% per year.

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

In 2022, imports of colouring matter; ultramarine and preparations based therea into Finland surged to 6.5 tons, increasing by 35% against the year before. Over the period under review, imports, however, continue to indicate a sharp downturn.

In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $59K in 2022. In general, imports, however, faced a significant decrease.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden88.612827.423.1-36.1%
PolandN/A0.27.316.7813.8%
Belgium1.041.44.87.494.9%
Spain0.8N/A1.55.387.8%
France3.10.40.34.210.7%
Denmark50.8N/AN/AN/A0%
Others4.18.35.32.1-20.0%
Total14817846.658.8-26.5%

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

  1. Sweden (3.6 tons)
  2. Poland (1.3 tons)
  3. France (0.5 tons)
  4. Belgium (0.5 tons)
  5. Spain (0.5 tons)

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

In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -84.4% to 20 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 12,700% against the previous year. As a result, the exports attained the peak of 128 kg, and then plummeted in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea fell remarkably to $106 in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 5,109% against the previous year. As a result, the exports reached the peak of $1.1K, and then shrank significantly in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Finland (USD)
COUNTRY202020212022CAGR,
2020-2022
HungaryN/AN/A1060%
SwedenN/A1,132N/A0%
United StatesN/A14.0N/A0%
Others22.0N/AN/A0%
Total22.01,146106119.5%

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

  1. Hungary (20.0 kg)

Source: IndexBox Market Intelligence Platform

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