Europe: Organic Pigments Market 2024

Organic Pigments Market Size in Europe

The Europe organic pigments market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Organic Pigments Production in Europe

In value terms, organic pigments production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight contraction. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Organic Pigments Exports

Exports in Europe

In 2022, organic pigments exports in Europe contracted to X tons, reducing by X% on the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, organic pigments exports declined modestly to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced slightly in the following year.

Exports by Country

Germany (X tons) and Spain (X tons) were the largest exporters of synthetic organic coloring matter and pigments in 2022, reaching near X% and X% of total exports, respectively. It was distantly followed by the Netherlands (X tons), Belgium (X tons), Italy (X tons), the UK (X tons) and France (X tons), together making up a X% share of total exports. Greece (X tons), Switzerland (X tons), Poland (X tons), Sweden (X tons) and Romania (X tons) held a relatively small share of total exports.

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

In value terms, Germany ($X) remains the largest organic pigments supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

In Germany, organic pigments exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue 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 Switzerland ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Organic Pigments Imports

Imports in Europe

In 2022, approx. X tons of synthetic organic coloring matter and pigments were imported in Europe; remaining relatively unchanged against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, organic pigments imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X tons), followed by Belgium (X tons), Italy (X tons), the Netherlands (X tons), France (X tons) and Spain (X tons) were the main importers of synthetic organic coloring matter and pigments, together achieving X% of total imports. Poland (X tons), the UK (X tons), Switzerland (X tons), Russia (X tons), Hungary (X tons), Portugal (X tons) and Austria (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per ton in 2022, leveling off at the previous year. Over the last decade, 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 in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

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