Vegetable or Animal Colouring Matter Market

Vegetable or animal colouring matter market: discover the most recent info secured by an Ai-driven BI platform. Information include imports, production, exports, consumption, market prices, trade, companies, and market size. Here is a breakdown by country, including the Middle East, China, the U.K., Russia, the U.S., Latin America, Africa, and EU. Market trends and forecast to 2030 are also provided in the dashboards.

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Vegetable or Animal Colouring Matter - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the vegetable or animal colouring matter market contracted by an average annual rate of -1.7% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+12.4% per year) and India (-0.3% per year).

Vegetable or Animal Colouring Matter Prices

Vegetable or Animal Colouring Matter - Top Importers

In value terms, the United States ($216M), the Netherlands ($148M) and Japan ($145M) constituted the countries with the highest levels of imports in 2020, with a combined 28% share of global imports. These countries were followed by Mexico, Germany, Spain, France, Italy, the UK, Denmark, Switzerland, Vietnam and Russia, which together accounted for a further 41%.

In terms of the main importing countries, Mexico (+168.7% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Vegetable or Animal Colouring Matter - Top Exporters

In value terms, China ($247M), the Netherlands ($213M) and the United States ($128M) were the countries with the highest levels of exports in 2020, with a combined 38% share of global exports.

The Netherlands saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Vegetable or Animal Colouring Matter - Market Forecast

Driven by increasing demand for vegetable or animal colouring matter worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Vegetable or Animal Colouring Matter - Product Coverage

• HS 3203 - Colouring matter of vegetable or animal origin (including dyeing extracts, not animal black); whether or not chemically defined; preparations based on colouring matter of vegetable or animal origin