Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,896 per ton, surging by 5% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; ultramarine and preparations based therea increased by +100.5% against 2013 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($5,017 per ton) and Romania ($4,858 per ton), while the price for the UK ($4,627 per ton) and Singapore ($4,858 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $4,955 per ton, growing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($18,945 per ton), while the average price for exports to the Philippines ($4,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+228.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam
In 2022, imports of colouring matter; ultramarine and preparations based therea into Vietnam rose rapidly to 626 tons, increasing by 11% compared with the previous year. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $3.1M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 478 | 375 | 453 | 565 | 5.7% |
| Thailand | 396 | 513 | 428 | 469 | 5.8% |
| Japan | 263 | 391 | 325 | 441 | 18.8% |
| Mexico | N/A | 140 | 246 | 436 | 76.5% |
| Romania | 357 | 229 | 252 | 372 | 1.4% |
| Singapore | 193 | 120 | 162 | 237 | 7.1% |
| India | 220 | 211 | 122 | 107 | -21.4% |
| South Korea | 164 | 184 | 123 | 91.7 | -17.6% |
| Others | 521 | 626 | 513 | 344 | -12.9% |
| Total | 2,591 | 2,790 | 2,626 | 3,063 | 5.7% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Vietnam in 2022:
- China (116.3 tons)
- Thailand (93.6 tons)
- Japan (90.8 tons)
- Mexico (89.7 tons)
- Romania (76.6 tons)
- Singapore (48.8 tons)
- India (22.1 tons)
- South Korea (18.9 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam
After two years of decline, shipments abroad of colouring matter; ultramarine and preparations based therea increased by 36% to 1.5 tons in 2022. Over the period under review, exports, however, continue to indicate a precipitous contraction.
In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $7.5K in 2022. Overall, exports, however, continue to indicate a precipitous curtailment.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 129 | 50.8 | 4.5 | 6.0 | -64.0% |
| Kuwait | N/A | 2.7 | N/A | 1.0 | -39.1% |
| South Korea | 10.5 | 1.6 | 0.1 | 0.2 | -73.3% |
| Others | 5.9 | 0.9 | 0.1 | 0.3 | -63.0% |
| Total | 146 | 56.0 | 4.7 | 7.5 | -62.8% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Vietnam in 2022:
- Philippines (1440.0 kg)
- Kuwait (55.0 kg)
- South Korea (11.0 kg)
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