Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India - 2023
Contents:
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (CIF) - 2022
- Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (FOB) - 2022
- Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India
- Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (CIF) - 2022
In 2022, the average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $1,969 per ton, growing by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2018 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,453 per ton), while the price for China ($1,273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (FOB) - 2022
The average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $3,864 per ton in 2022, rising by 20% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2018 an increase of 63%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($16,983 per ton), while the average price for exports to the United Arab Emirates ($1,354 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 Japan (+27.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India
In 2022, the amount of colouring matter; lithopone and other pigments and preparations based on zinc sulphides imported into India fell remarkably to 799 tons, waning by -50.5% on the previous year's figure. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of 1.6K tons, and then contracted notably in the following year.
In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides declined sharply to $1.6M in 2022. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. As a result, imports reached the peak of $2.9M, and then reduced markedly in the following year.
| Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 723 | 525 | 1,173 | 685 | -1.8% |
| Germany | 1,023 | 660 | 1,024 | 581 | -17.2% |
| Malaysia | 19.2 | 45.9 | N/A | 189 | 114.3% |
| Netherlands | 823 | 410 | 596 | 50.4 | -60.6% |
| United States | N/A | 9.8 | 72.7 | 47.5 | 120.2% |
| Others | 20.1 | 122 | 25.1 | 20.2 | 0.2% |
| Total | 2,608 | 1,773 | 2,891 | 1,574 | -15.5% |
Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to India in 2022:
- China (538.2 tons)
- Germany (130.5 tons)
- Malaysia (80.0 tons)
- United States (21.2 tons)
- Netherlands (20.0 tons)
Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India
For the third consecutive year, India recorded decline in overseas shipments of colouring matter; lithopone and other pigments and preparations based on zinc sulphides, which decreased by -70.7% to 8.7 tons in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -11.2% was in 2021.
In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides dropped rapidly to $34K in 2022. Overall, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year.
| Export of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | 7.4 | 19.5 | 163.5% |
| United Arab Emirates | N/A | 0.8 | 1.1 | 5.9 | 171.6% |
| China | N/A | 25.6 | 42.4 | 4.0 | -60.5% |
| Peru | N/A | N/A | N/A | 1.8 | 0% |
| Nepal | 0.5 | 0.1 | N/A | 1.6 | 47.4% |
| Bhutan | N/A | N/A | 2.4 | 0.8 | -66.7% |
| Bangladesh | N/A | 42.4 | 2.2 | N/A | -94.8% |
| Thailand | 41.4 | N/A | N/A | N/A | 0% |
| Nigeria | N/A | N/A | 33.4 | N/A | 0% |
| United States | 11.9 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 13.6 | N/A | N/A | 0% |
| Saudi Arabia | 6.8 | 3.6 | 6.9 | N/A | 0.7% |
| Others | 6.0 | 2.1 | 0.1 | N/A | -87.1% |
| Total | 66.8 | 88.2 | 96.0 | 33.6 | -20.5% |
Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from India in 2022:
- United Arab Emirates (4.3 tons)
- China (1.3 tons)
- Japan (1.1 tons)
- Nepal (1.0 tons)
- Peru (0.5 tons)
- Bhutan (0.3 tons)
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