Report Update: May 1, 2024

Bangladesh - Colouring Matter Of Vegetable Or Animal Origin - Market Analysis, Forecast, Size, Trends And Insights

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Price for Vegetable or Animal Colouring Matter in Bangladesh - 2022

Price for Vegetable or Animal Colouring Matter in Bangladesh (CIF) - 2022

The average import price for colouring matter of vegetable or animal origin stood at $2,135 per ton in 2022, with an increase of 19% against the previous year. In general, the import price, however, saw a mild shrinkage. The import price peaked at $2,544 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,146 per ton), while the price for India ($393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetable or Animal Colouring Matter in Bangladesh (FOB) - 2022

In 2022, the average export price for colouring matter of vegetable or animal origin amounted to $15,100 per ton, with a decrease of -56.3% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 200%. The export price peaked at $34,538 per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($23,333 per ton), while the average price for exports to Switzerland ($1,000 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 Canada (+19.3%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable or Animal Colouring Matter in Bangladesh

In 2022, the amount of colouring matter of vegetable or animal origin imported into Bangladesh plummeted to 954 tons, dropping by -23.5% compared with 2021 figures. In general, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2021 with an increase of 121%. As a result, imports attained the peak of 1.2K tons, and then contracted markedly in the following year.

In value terms, vegetable or animal colouring matter imports contracted to $2M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 90%. As a result, imports reached the peak of $2.2M, and then dropped in the following year.

Import of Vegetable or Animal Colouring Matter in Bangladesh (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	803	641	1,257	998	7.5%
India	452	222	470	308	-12.0%
France	115	120	163	199	20.1%
Others	238	198	354	533	30.8%
Total	1,608	1,181	2,244	2,038	8.2%

Top Suppliers of Vegetable or Animal Colouring Matter to Bangladesh in 2022:

India (784.2 tons)
France (73.9 tons)
Japan (65.9 tons)

Exports of Vegetable or Animal Colouring Matter in Bangladesh

For the third year in a row, Bangladesh recorded decline in shipments abroad of colouring matter of vegetable or animal origin, which decreased by -93.8% to 10 kg in 2022. Overall, exports faced a dramatic decrease. The smallest decline of -9.2% was in 2020.

In value terms, vegetable or animal colouring matter exports contracted notably to $151 in 2022. In general, exports saw a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Vegetable or Animal Colouring Matter in Bangladesh (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	5.7	2.4	0.2	0.1	-74.0%
Japan	N/A	7.5	N/A	N/A	0%
Switzerland	N/A	N/A	N/A	N/A	0%
Germany	N/A	N/A	N/A	N/A	0%
France	0.3	N/A	5.4	N/A	324.3%
Maldives	N/A	N/A	N/A	N/A	0%
Bahrain	N/A	0.8	N/A	N/A	0%
Others	N/A	0.1	N/A	N/A	0%
Total	6.0	10.9	5.5	0.2	-67.8%

Top Export Markets for Vegetable or Animal Colouring Matter from Bangladesh in 2022:

Canada (6.0 kg)
Switzerland (1.0 kg)
Maldives (1.0 kg)
Germany (1.0 kg)
France (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for vegetable or animal colouring matter in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20122270 - Colouring matter of vegetable or animal origin and preparations based thereon (including dyeing extracts) (excluding animal black)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023