Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Finland - 2023

Contents:

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

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $7,887 per ton, falling by -4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29%. As a result, import price reached the peak level of $9,044 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,852 per ton), while the price for Sweden ($7,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%).

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

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $8,109 per ton, shrinking by -22.1% against the previous year. Overall, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $10,637 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($12,160 per ton), while the average price for exports to China ($5,031 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 the Netherlands (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of colouring matter; pigments and preparations based on chromium compoundses into Finland stood at 87 tons in 2022, surging by 6.6% compared with 2021. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded to $683K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44536453064213.0%
PolandN/AN/AN/A19.50%
Belgium3.210.926.97.130.4%
Sweden2.939.855.33.78.5%
DenmarkN/AN/A50.3N/A0%
Others7.52.54.910.812.9%
Total45941866768314.2%

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

  1. Germany (81.7 tons)
  2. Poland (2.7 tons)
  3. Belgium (0.8 tons)
  4. Sweden (0.5 tons)

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

In 2022, exports of colouring matter; pigments and preparations based on chromium compoundses from Finland surged to 7.4 tons, growing by 158% compared with 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses surged to $60K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 131%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway8.724.827.816.523.8%
RussiaN/AN/AN/A11.80%
EstoniaN/AN/AN/A9.20%
Sweden0.71.10.84.180.3%
LatviaN/AN/AN/A3.60%
Poland2.00.61.43.115.7%
SerbiaN/AN/AN/A1.90%
OthersN/AN/AN/A9.90%
Total11.526.530.060.273.6%

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

  1. Russia (2128.0 kg)
  2. Norway (1357.0 kg)
  3. Estonia (1249.0 kg)
  4. Sweden (658.0 kg)
  5. Latvia (555.0 kg)
  6. Poland (403.0 kg)
  7. Serbia (242.0 kg)

Source: IndexBox Market Intelligence Platform

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