Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Spain - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (FOB) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (CIF) - 2023
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (FOB) - 2023
The average export price for colouring matter; ultramarine and preparations based therea stood at $5,571 per ton in September 2023, which is down by -1.9% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 an increase of 23% m-o-m. The export price peaked at $6,122 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($6,916 per ton), while the average price for exports to Australia ($3,897 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (CIF) - 2023
The average import price for colouring matter; ultramarine and preparations based therea stood at $2,890 per ton in September 2023, falling by -25.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 19% month-to-month. The import price peaked at $4,041 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was India ($18,160 per ton), while the price for Romania ($2,629 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of colouring matter; ultramarine and preparations based therea, which increased by 9.2% to 8.1K tons in 2022. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; ultramarine and preparations based therea stood at $31M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% 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 years to come.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 3.8 | 5.3 | 5.0 | 4.4% |
| United States | 3.7 | 3.4 | 3.9 | 4.4 | 5.9% |
| Italy | 2.5 | 3.2 | 3.2 | 2.7 | 2.6% |
| Belgium | 1.3 | 0.8 | 1.3 | 2.1 | 17.3% |
| United Kingdom | 1.8 | 1.5 | 1.7 | 2.0 | 3.6% |
| China | 1.4 | 1.8 | 2.0 | 1.9 | 10.7% |
| South Korea | 1.7 | 1.3 | 1.9 | 1.6 | -2.0% |
| Turkey | 1.1 | 1.4 | 1.2 | 1.1 | 0.0% |
| South Africa | 0.5 | 0.7 | 0.7 | 1.0 | 26.0% |
| Japan | 1.8 | 2.0 | 1.4 | 1.0 | -17.8% |
| Denmark | 0.5 | 0.5 | 0.6 | 0.8 | 17.0% |
| India | 0.7 | 0.6 | 0.7 | 0.8 | 4.6% |
| France | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Others | 4.5 | 6.2 | 6.4 | 6.4 | 12.5% |
| Total | 26.2 | 27.7 | 31.0 | 31.3 | 6.1% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Spain in 2022:
- Germany (1443.5 tons)
- United States (1159.3 tons)
- Italy (676.4 tons)
- United Kingdom (529.1 tons)
- China (499.9 tons)
- Belgium (446.2 tons)
- South Korea (329.8 tons)
- Japan (267.3 tons)
- Turkey (257.4 tons)
- India (234.8 tons)
- Denmark (209.8 tons)
- South Africa (205.5 tons)
- France (152.3 tons)
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain
For the fourth consecutive year, Spain recorded growth in purchases abroad of colouring matter; ultramarine and preparations based therea, which increased by 10% to 4.3K tons in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 48%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $13M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 0.2 | 2.7 | 5.1 | 7.5 | 234.7% |
| India | 1.3 | 0.4 | 0.6 | 1.9 | 13.5% |
| Germany | 1.5 | 1.0 | 1.3 | 1.5 | 0.0% |
| France | 0.7 | 0.5 | 0.9 | 1.2 | 19.7% |
| Italy | 0.5 | 0.9 | 0.8 | 0.4 | -7.2% |
| Colombia | 0.2 | 0.2 | 0.6 | 0.1 | -20.6% |
| Others | 0.5 | 0.3 | 0.2 | 0.5 | 0.0% |
| Total | 4.8 | 5.9 | 9.5 | 13.1 | 39.7% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Spain in 2022:
- Romania (2768.6 tons)
- India (805.2 tons)
- Germany (274.0 tons)
- France (213.4 tons)
- Italy (67.6 tons)
- Colombia (60.0 tons)
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