Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan - 2023

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (CIF) - 2023
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (CIF) - 2023

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $2,905 per ton in April 2023, which is down by -28% against the previous month. Over the period under review, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 29% against the previous month. The import price peaked at $4,837 per ton in December 2022; however, from January 2023 to April 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to April 2023, the rate of growth in terms of prices for Thailand amounted to +2.7% per month.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (FOB) - 2022

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $3,408 per ton in 2021, surging by 4.2% against the previous year. Overall, the export price, however, continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 an increase of 86%. Over the period under review, the average export prices reached the maximum at $4,841 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.6% per year.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan

In 2022, approx. 395 tons of colouring matter; pigments and preparations based on chromium compoundses were imported into Pakistan; picking up by 12% against the previous year. Overall, imports, however, recorded a abrupt slump.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell slightly to $1.5M in 2022. In general, imports, however, showed a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 32%.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India791461538480-15.3%
China99.428025334251.0%
IndonesiaN/A45.3225186102.6%
United Kingdom1591631561590.0%
Malaysia52.114315510727.1%
South Korea5172.517.288.9-44.4%
Thailand20740.215261.2-33.4%
Others19670.294.799.0-20.4%
Total2,0221,2051,5911,523-9.0%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Pakistan in 2022:

  1. India (141.2 tons)
  2. China (88.5 tons)
  3. Indonesia (60.6 tons)
  4. Malaysia (27.9 tons)
  5. South Korea (23.9 tons)
  6. United Kingdom (23.4 tons)
  7. Thailand (14.1 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan

In 2021, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Pakistan surged to 11 tons, increasing by 2,964% against 2020. Over the period under review, exports posted a significant expansion. 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; pigments and preparations based on chromium compoundses skyrocketed to $37K in 2021. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Pakistan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
China0.71.134.7604.1%
OthersN/AN/A2.20%
Total0.71.236.9626.0%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Pakistan in 2022:

  1. China (10.8 tons)

Source: IndexBox Market Intelligence Platform

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