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

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Sri Lanka (CIF) - 2022
  2. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Sri Lanka

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $2,080 per ton, dropping by -21.6% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 156%. As a result, import price attained the peak level of $2,742 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($10,504 per ton), while the price for India ($1,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Sri Lanka

In 2022, after two years of decline, there was significant growth in purchases abroad of colouring matter; ultramarine and preparations based therea, when their volume increased by 45% to 43 tons. Over the period under review, imports, however, saw a precipitous shrinkage.

In value terms, imports of colouring matter; ultramarine and preparations based therea rose significantly to $90K in 2022. In general, imports, however, continue to indicate a sharp shrinkage.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22935.95.636.2-45.9%
South Korea15.671.138.522.813.5%
Singapore17.732.314.119.53.3%
Taiwan (Chinese)8.615.99.39.32.6%
Japan11.1N/A0.1N/A-90.5%
Others10.624.911.62.4-39.1%
Total29218079.290.2-32.4%

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

  1. India (35.8 tons)
  2. South Korea (3.9 tons)
  3. Singapore (2.6 tons)
  4. Taiwan (Chinese) (0.9 tons)

Source: IndexBox Market Intelligence Platform

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