Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia - 2024

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (CIF) - 2022
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (CIF) - 2022

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,669 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the peak figure at $7,254 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($88,100 per ton), while the price for India ($4,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $12,788 per ton, growing by 2.6% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 an increase of 126% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($12,676 per ton), while the average price for exports to China stood at $12,395 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia

For the fourth consecutive year, Australia recorded growth in supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses, which increased by 4.6% to 602 tons in 2022. The total import volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $3.4M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8261,8592,3473,01118.1%
Netherlands7.018.9102143173.4%
India54.110782.997.021.5%
Others197157332160-6.7%
Total2,0842,1422,8643,41017.8%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Australia in 2022:

  1. China (541.8 tons)
  2. Netherlands (26.1 tons)
  3. India (20.4 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Australia skyrocketed to 11 tons, growing by 58% against the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 604%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $147K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 640% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand19.6N/A61.512082.9%
ChinaN/A3.0N/A24.3184.6%
Thailand2.01.62.20.3-46.9%
Malaysia3.77.610.4N/A67.7%
United Kingdom5.6N/A12.9N/A51.8%
Others4.4N/A3.62.0-23.1%
Total35.312.290.614760.9%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Australia in 2022:

  1. New Zealand (9.5 tons)
  2. China (2.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Colouring matter; pigments and preparations based on chromium compounds - Australia