Puerto Rico: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2022

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Puerto Rico

The Puerto Rican pigments, opacifiers and colours market was estimated at less than $X in 2020, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports by Country

In 2021, Spain (X tons) was the key exporter of pigments, opacifiers and colours for ceramics, enamelling or glass, constituting X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and the United States (less than X%). Malaysia (X tons), India (X tons), Indonesia (X tons), the Netherlands (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pigments, opacifiers and colours exports from Spain stood at +X%. At the same time, Malaysia (+X%), Indonesia (+X%), Brazil (+X%) and the United States (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, China (-X%), the Netherlands (-X%), India (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Spain (+X p.p.), Malaysia (less than X p.p.), Indonesia (less than X p.p.) and Brazil (less than X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (less than X p.p.) and Italy (less than X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest pigments, opacifiers and colours supplier from Puerto Rico, comprising X% of global exports. The second position in the ranking was taken by China ($X), with an X% share of global exports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Spain stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and Italy (-X% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining constant against the previous year. Overall, the export price saw a relatively flat trend pattern.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports by Country

India (X tons) and Italy (X tons) represented roughly X% of total imports in 2021. It was followed by Vietnam (X tons), committing a less than X% share of total imports. Indonesia (X tons), Turkey (X tons), Spain (X tons), Germany (X tons), Nigeria (X tons), Bangladesh (X tons), China (X tons), Poland (X tons), Brazil (X tons) and Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Ecuador (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Italy ($X) and China ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of total imports. Turkey, Brazil, Vietnam, Poland, Indonesia, Germany, Spain, Bangladesh, Nigeria and Ecuador lagged somewhat behind, together accounting for a further X the main importing countries, Ecuador, 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

In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately equating the previous year. In general, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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