Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $2,343 per ton, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $2,354 per ton in 2014; however, from 2015 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 Singapore ($5,443 per ton), while the price for Malaysia ($818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $3,864 per ton, approximately reflecting the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 60%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($3,887 per ton), while the average price for exports to India amounted to $3,604 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1.7K tons of colouring matter; ultramarine and preparations based therea were imported into Indonesia; surging by 32% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +62.1% against 2020 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 $4M in 2022. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49827160090321.9%
India8477936288871.6%
FranceN/AN/A312736135.9%
South Korea83.865.521041270.0%
Romania16416618139734.3%
Spain24978.833038215.3%
Singapore299116231155-19.7%
Others292130167108-28.2%
Total2,4321,6202,6593,98117.9%

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

  1. India (806.6 tons)
  2. China (369.9 tons)
  3. France (154.5 tons)
  4. Romania (135.4 tons)
  5. Spain (97.9 tons)
  6. South Korea (79.2 tons)
  7. Singapore (28.5 tons)

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

In 2022, approx. 86 tons of colouring matter; ultramarine and preparations based therea were exported from Indonesia; approximately equating the year before. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 403% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of colouring matter; ultramarine and preparations based therea totaled $331K in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 572%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/A21629938.4%
India45.223.085.231.1-11.7%
Malaysia34.523.6N/AN/A-31.6%
Egypt5.2N/AN/AN/A0%
Others1.22.327.10.9-9.1%
Total86.148.932833156.7%

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

  1. Thailand (77.0 tons)
  2. India (8.6 tons)

Source: IndexBox Market Intelligence Platform

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