Asia-Pacific: Colour Lake Market 2024

Colour Lake Market Size in Asia-Pacific

The Asia-Pacific colour lake market reached $X in 2022, approximately equating the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Colour Lake Production in Asia-Pacific

In value terms, colour lake production stood at $X in 2022 estimated in export price. Overall, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Colour Lake Exports

Exports in Asia-Pacific

In 2022, overseas shipments of colour lakes, preparations based on colour lakes increased by X% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, showed a abrupt shrinkage. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, colour lake exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. China (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%) and Taiwan (Chinese) (X%). Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to colour lake exports from India stood at X%. At the same time, China (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Taiwan (Chinese) (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) and China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) and South Korea (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest colour lake supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, flattening at the previous year. In general, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Colour Lake Imports

Imports in Asia-Pacific

Colour lake imports dropped modestly to X tons in 2022, therefore, remained relatively stable against the previous year's figure. Overall, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, colour lake imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Vietnam (X tons), Bangladesh (X tons), Indonesia (X tons), the Philippines (X tons), Thailand (X tons), Sri Lanka (X tons), Pakistan (X tons), New Zealand (X tons), Malaysia (X tons), India (X tons) and Singapore (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sri Lanka (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), China ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Pakistan, Indonesia, India, Thailand, the Philippines, Malaysia, Singapore, Sri Lanka and New Zealand lagged somewhat behind, together accounting for a further X%.

Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :