EU: Colour Lake Market 2024

Colour Lake Market Size in the EU

The EU colour lake market expanded modestly to $X in 2022, picking up by X% against the previous year. In general, consumption recorded a remarkable increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Colour Lake Production in the EU

In value terms, colour lake production expanded modestly to $X in 2022 estimated in export price. In general, production showed a resilient increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Colour Lake Exports

Exports in the EU

In 2022, overseas shipments of colour lakes, preparations based on colour lakes decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, colour lake exports reduced to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the major exporting country with an export of around X tons, which recorded X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%), Spain (X%), France (X%) and Italy (X%). Poland (X tons) took a minor share of total exports.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Spain (X%), France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Italy (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium, Spain, France and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest colour lake supplying countries in the European Union were France ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports. Belgium, Italy, Spain and Poland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, recorded 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 export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, colour lake export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 France ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Colour Lake Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in purchases abroad of colour lakes, preparations based on colour lakes, which increased by X% to X tons in 2022. Over the period under review, imports, however, saw a mild decline. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, colour lake imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total imports in 2022. Austria (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%) and France (X%). The following importers - Poland (X tons), Hungary (X tons) and Spain (X tons) - each finished at a X% share of total imports.

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

In value terms, the largest colour lake importing markets in the European Union were the Netherlands ($X), Belgium ($X) and France ($X), with a combined X% share of total imports. Germany, Austria, Spain, Poland and Hungary lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

In 2022, the import price in the European Union amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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