Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Serbia - 2024

Contents:

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

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $7,309 per ton, rising by 22% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; ultramarine and preparations based therea increased by +51.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 24%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,820 per ton), while the price for Spain ($5,444 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Serbia (FOB) - 2022

The average export price for colouring matter; ultramarine and preparations based therea stood at $5,523 per ton in 2022, shrinking by -11.3% against the previous year. Over the period under review, the export price, however, posted a noticeable increase. The pace of growth was the most pronounced in 2018 an increase of 185%. As a result, the export price reached the peak level of $13,211 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +5.1% per year.

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

For the third consecutive year, Serbia recorded decline in supplies from abroad of colouring matter; ultramarine and preparations based therea, which decreased by -38% to 8 tons in 2022. In general, imports faced a dramatic slump. The smallest decline of -20% was in 2021.

In value terms, imports of colouring matter; ultramarine and preparations based therea contracted sharply to $58K in 2022. Overall, imports recorded a drastic downturn. The smallest decline of -0.7% was in 2021.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23.131.720.621.8-1.9%
Germany12.13.912.011.0-3.1%
Italy0.16.019.18.0330.9%
France0.14.60.15.4278.0%
Poland14.13.3N/A4.0-34.3%
Greece1.22.20.93.137.2%
Hungary5.84.41.21.7-33.6%
Netherlands11.416.114.30.7-60.5%
Austria9.0N/AN/AN/A0%
Luxembourg31.5N/AN/AN/A0%
Others1.25.58.72.527.7%
Total10977.677.158.3-18.8%

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

  1. Spain (4000.0 kg)
  2. Italy (1200.0 kg)
  3. Germany (950.0 kg)
  4. Greece (500.0 kg)
  5. France (460.0 kg)
  6. Poland (347.0 kg)
  7. Hungary (170.0 kg)
  8. Netherlands (101.0 kg)

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

Exports of colouring matter; ultramarine and preparations based therea from Serbia skyrocketed to 1.8 tons in 2022, increasing by 62% compared with 2021 figures. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 351% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $9.7K in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 309% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina1.71.15.19.778.7%
HungaryN/AN/A0.9N/A0%
SloveniaN/AN/A0.7N/A0%
North Macedonia0.3N/AN/AN/A0%
Others1.70.5N/AN/A-70.6%
Total3.71.66.79.737.9%

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

  1. Bosnia and Herzegovina (1.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Colouring matter; ultramarine and preparations based thereon - Serbia