Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (CIF) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (CIF) - 2023
In June 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $5,159 per ton, dropping by -11.9% against the previous month. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in May 2023 when the average import price increased by 33% m-o-m. Over the period under review, average import prices reached the peak figure at $7,585 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was India ($6,188 per ton), while the price for Colombia ($4,654 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $4,850 per ton in 2022, with an increase of 28% against the previous year. Overall, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $20,948 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +12.0% per year.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina
In 2022, supplies from abroad of colouring matter; ultramarine and preparations based therea decreased by -31.2% to 193 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 135% against the previous year.
In value terms, imports of colouring matter; ultramarine and preparations based therea declined significantly to $643K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 125%.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 183 | 356 | 454 | 342 | 23.2% |
| India | 62.2 | 190 | 43.9 | 168 | 39.3% |
| Spain | 37.9 | 14.1 | 59.6 | 53.1 | 11.9% |
| Brazil | 16.2 | 95.3 | 189 | 30.4 | 23.3% |
| Italy | 3.2 | 47.4 | N/A | 19.5 | 82.7% |
| China | 21.5 | 21.9 | 29.5 | 14.2 | -12.9% |
| Others | 14.5 | 36.8 | 38.0 | 15.6 | 2.5% |
| Total | 339 | 762 | 814 | 643 | 23.8% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Argentina in 2022:
- Colombia (130.9 tons)
- India (33.0 tons)
- Brazil (12.0 tons)
- Spain (9.5 tons)
- Italy (3.6 tons)
- China (3.2 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina
In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -78.6% to 7.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 395% against the previous year. As a result, the exports attained the peak of 34 tons, and then shrank sharply in the following year.
In value terms, exports of colouring matter; ultramarine and preparations based therea fell significantly to $35K in 2022. Overall, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 257%. As a result, the exports reached the peak of $130K, and then reduced sharply in the following year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 24.4 | 34.0 | 60.1 | 35.5 | 13.3% |
| Thailand | N/A | N/A | 55.0 | N/A | 0% |
| Others | N/A | 2.3 | 14.5 | N/A | 530.4% |
| Total | 24.4 | 36.3 | 130 | 35.5 | 13.3% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Argentina in 2022:
- Chile (7.3 tons)
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