Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Romania - 2023

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Romania (FOB) - 2023
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Romania (CIF) - 2022
  3. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania
  4. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Romania (FOB) - 2023

In September 2023, the average export price for colouring matter; ultramarine and preparations based therea amounted to $4,300 per ton, remaining stable against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in July 2023 when the average export price increased by 6.8% m-o-m. Over the period under review, the average export prices reached the maximum in September 2023.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Turkey ($6,120 per ton), while the average price for exports to South Korea totaled $4,974 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $5,388 per ton in 2022, with a decrease of -10% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 125%. Over the period under review, average import prices hit record highs at $6,446 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,546 per ton), while the price for China ($3,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania

Exports of colouring matter; ultramarine and preparations based therea from Romania dropped modestly to 5.6K tons in 2022, leveling off at the previous year. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports attained the peak of 5.7K tons, and then fell in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea surged to $18M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +49.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.75.46.09.813.5%
South Korea2.62.53.43.16.0%
China0.71.41.91.322.9%
Germany1.00.81.11.13.2%
Turkey0.50.51.00.66.3%
Indonesia0.20.20.20.426.0%
Others1.61.01.61.5-2.1%
Total13.311.915.217.810.2%

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

  1. Spain (3455.3 tons)
  2. South Korea (801.0 tons)
  3. China (374.0 tons)
  4. Germany (337.7 tons)
  5. Turkey (132.7 tons)
  6. Indonesia (118.5 tons)

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania

In 2022, approx. 46 tons of colouring matter; ultramarine and preparations based therea were imported into Romania; falling by -17.2% compared with the previous year's figure. In general, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +22.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of 56 tons, and then fell sharply in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea contracted markedly to $249K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, imports attained the peak of $334K, and then shrank significantly in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11696.31631386.0%
Poland52.150.431.532.1-14.9%
China8.220.421.129.653.4%
Italy6.12.52.917.040.7%
Turkey0.20.26.415.5326.4%
Germany30.049.731.67.4-37.3%
Colombia12.6N/A51.7N/A102.6%
IndiaN/AN/A11.8N/A0%
Others21.018.213.58.8-25.2%
Total2472383342490.3%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Romania in 2022:

  1. Spain (26.9 tons)
  2. China (9.0 tons)
  3. Poland (3.6 tons)
  4. Turkey (2.8 tons)
  5. Italy (1.8 tons)
  6. Germany (0.8 tons)

Source: IndexBox Market Intelligence Platform

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