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

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan (FOB) - 2023
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,230 per ton, falling by -9.7% against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $6,187 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Romania ($5,115 per ton) and France ($5,090 per ton), while the price for China ($3,896 per ton) and Malaysia ($4,043 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan (FOB) - 2023

The average export price for colouring matter; ultramarine and preparations based therea stood at $3,149 per ton in April 2023, remaining stable against the previous month. In general, the export price recorded a slight contraction. As a result, the export price attained the peak level of $3,560 per ton. From May 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

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

From April 2022 to April 2023, the rate of growth in terms of prices for Afghanistan amounted to -1.0% per month.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of colouring matter; ultramarine and preparations based therea, when their volume increased by 14% to 100 tons. Overall, imports, however, showed a abrupt decrease.

In value terms, imports of colouring matter; ultramarine and preparations based therea amounted to $425K in 2022. Over the period under review, imports, however, saw a abrupt descent.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain16815084.71863.5%
China11225721218017.1%
Romania30.047.641.037.98.1%
Malaysia38.977.573.819.3-20.8%
India163N/AN/AN/A0%
Others51.313.1N/A2.7-62.5%
Total563545411425-8.9%

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

  1. China (46.1 tons)
  2. Spain (41.7 tons)
  3. Romania (7.4 tons)
  4. Malaysia (4.8 tons)

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

In 2022, exports of colouring matter; ultramarine and preparations based therea from Pakistan shrank sharply to 33 tons, with a decrease of -81.3% on the previous year. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports reached the peak of 174 tons, and then fell notably in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea shrank sharply to $93K in 2022. In general, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 148%. As a result, the exports attained the peak of $455K, and then dropped notably in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan39218445492.7-38.2%
Others0.1N/A1.4N/A274.2%
Total39218445592.7-38.2%

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

  1. Afghanistan (32.5 tons)

Source: IndexBox Market Intelligence Platform

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