Belgium: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Belgium

The Belgian synthetic organic colouring matters market rose sharply to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Synthetic organic colouring matters consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Other Synthetic Organic Colouring Matters in Belgium

In value terms, synthetic organic colouring matters production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Other Synthetic Organic Colouring Matters

Exports from Belgium

In 2022, shipments abroad of other synthetic organic colouring matters decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, synthetic organic colouring matters exports fell to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of synthetic organic colouring matters exports from Belgium, together accounting for X% of total exports. Spain, Luxembourg, the Netherlands, Turkey, Morocco, the UK, Poland, Austria and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic organic colouring matters exported from Belgium were Germany ($X), France ($X) and Italy ($X), together comprising X% of total exports. Spain, the Netherlands, Turkey, Luxembourg, the UK, Poland, Sweden, Austria and Morocco lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average synthetic organic colouring matters export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 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 Sweden ($X per ton), while the average price for exports to Morocco ($X 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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Synthetic Organic Colouring Matters

Imports into Belgium

In 2022, approx. X tons of other synthetic organic colouring matters were imported into Belgium; waning by X% against the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, synthetic organic colouring matters imports reduced to $X in 2022. Overall, imports, however, showed a slight expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

China (X tons), Germany (X tons) and India (X tons) were the main suppliers of synthetic organic colouring matters imports to Belgium, with a combined X% share of total imports. The Netherlands, the United States, the UK, Turkey, France, Sweden and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic organic colouring matters suppliers to Belgium were China ($X), Germany ($X) and the United States ($X), with a combined X% share of total imports. India, the Netherlands, the UK, France, Sweden, Turkey and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average synthetic organic colouring matters import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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