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

Contents:

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

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $5,908 per ton, increasing by 11% against the previous year. Overall, the import price, however, recorded a perceptible setback. The growth pace was the most rapid in 2017 an increase of 120%. As a result, import price reached the peak level of $20,852 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($11,521 per ton), while the price for Spain ($3,975 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+87.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $4,881 per ton, picking up by 17% against the previous year. Overall, export price indicated a moderate increase from 2016 to 2022: its price increased at an average annual rate of +2.1% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for colouring matter; ultramarine and preparations based therea increased by +18.3% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 48%. As a result, the export price attained the peak level of $7,518 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($7,589 per ton), while the average price for exports to Thailand ($4,370 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of colouring matter; ultramarine and preparations based therea decreased by -20.4% to 47 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 130%. As a result, imports reached the peak of 58 tons, and then dropped rapidly in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea dropped to $275K in 2022. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 143% against the previous year. As a result, imports attained the peak of $311K, and then shrank in the following year.

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

1. Spain (30.2 tons)
2. Belgium (8.4 tons)
3. France (7.1 tons)
4. United Kingdom (0.1 tons)

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

In 2022, the amount of colouring matter; ultramarine and preparations based therea exported from Luxembourg rose notably to 20 tons, growing by 6.1% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 5,550%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of colouring matter; ultramarine and preparations based therea skyrocketed to $96K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,612%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Poland (7.5 tons)
2. Italy (5.2 tons)
3. United Kingdom (4.6 tons)
4. Thailand (2.0 tons)
5. Belgium (0.3 tons)

Source: IndexBox Market Intelligence Platform