Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates - 2022

Contents:

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

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,887 per ton, surging by 18% against the previous year. Overall, the import price, however, showed a slight curtailment. Over the period under review, average import prices attained the peak figure at $4,638 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($12,379 per ton), while the price for China ($3,069 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,483 per ton, increasing by 3.8% against the previous year. In general, the export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. The export price peaked at $3,870 per ton in 2015; however, from 2016 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 Oman ($4,514 per ton), while the average price for exports to Ukraine ($833 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 Madagascar (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates

In 2022, approx. 2.1K tons of colouring matter; pigments and preparations based on chromium compoundses were imported into the United Arab Emirates; growing by 5.2% against 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +46.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses soared to $8.2M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 +76.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.24.56.27.923.4%
China0.30.10.30.2-12.6%
Others0.20.1N/A0.1-20.6%
Total4.64.76.68.221.3%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to the United Arab Emirates in 2022:

  1. India (2028.2 tons)
  2. China (60.5 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates

In 2022, approx. 307 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from the United Arab Emirates; which is down by -7.6% against the year before. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of 333 tons, and then fell in the following year.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses shrank slightly to $1.1M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $1.1M, and then dropped in the following year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan83.6151N/A63596.6%
Oman16.627.96.3208132.3%
Madagascar16.830.231.112293.6%
Ukraine13.613.714.663.266.9%
Pakistan0.9N/AN/A18.9175.9%
Saudi Arabia45825.1N/AN/A-94.5%
South AfricaN/A32.392.1N/A185.1%
Iran99.5522931N/A205.9%
Others1268.942.123.8-42.6%
Total8158111,1181,0719.5%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from the United Arab Emirates in 2022:

  1. Jordan (140.7 tons)
  2. Ukraine (75.9 tons)
  3. Oman (46.1 tons)
  4. Madagascar (32.7 tons)
  5. Pakistan (7.0 tons)

Source: IndexBox Market Intelligence Platform

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