Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United States - 2024

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (FOB) - 2024
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $3,548 per ton, rising by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. Over the period under review, average import prices hit record highs at $3,926 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,990 per ton), while the price for Colombia ($2,639 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (FOB) - 2024

The average export price for colouring matter; ultramarine and preparations based therea stood at $7,531 per ton in September 2023, increasing by 8.2% against the previous month. Over the period under review, export price indicated a noticeable increase from February 2023 to September 2023: its price increased at an average monthly rate of +4.6% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for colouring matter; ultramarine and preparations based therea increased by +59.5% against June 2023 indices. The pace of growth was the most pronounced in August 2023 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices reached the peak figure in September 2023.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was South Korea ($17,120 per ton), while the average price for exports to Mexico ($5,688 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States

In 2022, imports of colouring matter; ultramarine and preparations based therea into the United States skyrocketed to 6.4K tons, with an increase of 25% compared with 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% 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 +62.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $23M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +97.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia8.95.47.69.62.6%
India2.01.72.75.842.6%
Spain4.33.43.63.5-6.6%
France0.1N/A0.22.1175.9%
China0.20.10.10.426.0%
Others0.71.01.31.426.0%
Total16.211.515.522.812.1%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to the United States in 2022:

  1. Colombia (3.7K tons)
  2. India (1.3K tons)
  3. Spain (0.8K tons)
  4. France (0.3K tons)
  5. China (0.1K tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States

In 2022, the amount of colouring matter; ultramarine and preparations based therea exported from the United States skyrocketed to 1.4K tons, picking up by 82% against the previous year's figure. Overall, exports showed significant growth. 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; ultramarine and preparations based therea skyrocketed to $7.9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.61.92.84.923.5%
Canada1.91.82.12.25.0%
China0.30.10.20.2-12.6%
Others0.50.40.40.66.3%
Total5.24.35.47.915.0%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from the United States in 2022:

  1. Mexico (1012.9 tons)
  2. Canada (323.7 tons)
  3. China (12.8 tons)

Source: IndexBox Market Intelligence Platform

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