Price for Lustres; Liquid Lustres and Similar Preparations in the UK - 2023

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in the UK (FOB) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in the UK (CIF) - 2022
  3. Exports of Lustres; Liquid Lustres and Similar Preparations in the UK
  4. Imports of Lustres; Liquid Lustres and Similar Preparations in the UK

Price for Lustres; Liquid Lustres and Similar Preparations in the UK (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $138,106 per ton, rising by 1.9% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 34%. Over the period under review, the average export prices hit record highs at $485,488 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($418,860 per ton), while the average price for exports to Ireland ($20,375 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 the United States (-0.9%), while the prices for the other major destinations experienced a decline.

Price for Lustres; Liquid Lustres and Similar Preparations in the UK (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $132,960 per ton in 2022, which is down by -22% against the previous year. In general, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 10% against the previous year. Over the period under review, average import prices hit record highs at $483,480 per ton in 2013; however, from 2014 to 2022, import prices stood 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) ($1,796,917 per ton), while the price for Jordan ($26,048 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.0%), while the prices for the other major suppliers experienced a decline.

Exports of Lustres; Liquid Lustres and Similar Preparations in the UK

In 2022, overseas shipments of lustres; liquid lustres and similar preparationses decreased by -11.8% to 75 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 88 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of lustres; liquid lustres and similar preparationses dropped to $10M in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $12M, and then contracted in the following year.

Export of Lustres; Liquid Lustres and Similar Preparations in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,5182,2893,7494,08439.1%
China9172,0542,0901,23810.5%
Germany1,80765.52361,106-15.1%
Israel1503851,19988580.7%
Ireland17528024946338.3%
United Arab Emirates3.76.84.4133230.0%
Saudi Arabia11.534329844.456.9%
Australia15388.613938.6-36.8%
Others3,2463,3303,6252,422-9.3%
Total7,9828,84211,59010,4159.3%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from the UK in 2022:

  1. Ireland (22.7 tons)
  2. United States (18.9 tons)
  3. China (11.3 tons)
  4. Germany (5.3 tons)
  5. United Arab Emirates (4.1 tons)
  6. Israel (2.1 tons)
  7. Australia (1.4 tons)
  8. Saudi Arabia (1.1 tons)

Imports of Lustres; Liquid Lustres and Similar Preparations in the UK

Imports of lustres; liquid lustres and similar preparationses into the UK soared to 60 tons in 2022, jumping by 29% compared with 2021 figures. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of lustres; liquid lustres and similar preparationses reached $8M in 2022. Overall, imports showed a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Lustres; Liquid Lustres and Similar Preparations in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.54.65.64.9-9.0%
NetherlandsN/A0.31.21.191.5%
Germany0.50.20.30.711.9%
TurkeyN/AN/AN/A0.40%
JapanN/AN/AN/A0.30%
JordanN/AN/A0.20.350.0%
Spain0.31.60.4N/A15.5%
France0.20.20.2N/A0.0%
Others0.30.20.10.2-12.6%
Total7.76.97.98.01.3%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to the UK in 2022:

  1. United States (21.8 tons)
  2. Netherlands (17.8 tons)
  3. Jordan (11.4 tons)
  4. Germany (5.5 tons)
  5. Turkey (1.4 tons)
  6. Japan (1.2 tons)
  7. France (0.1 tons)
  8. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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