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

Contents:

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

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $7,513 per ton in 2022, increasing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The import price peaked at $7,557 per ton in 2014; however, from 2015 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 Poland ($11,073 per ton), while the price for Denmark ($4,546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $6,291 per ton, increasing by 1.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 9.7%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($9,653 per ton), while the average price for exports to Bulgaria ($4,142 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 the Netherlands (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 156 tons of colouring matter; ultramarine and preparations based therea were imported into Hungary; which is down by -35.1% compared with 2021. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of 241 tons, and then contracted markedly in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea shrank rapidly to $1.2M in 2022. Overall, imports showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $1.6M, and then fell markedly in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy411392738402-0.7%
Netherlands316373469306-1.1%
Poland17510215829519.0%
Austria92.282.712672.0-7.9%
Belgium14943.338.231.9-40.2%
DenmarkN/AN/AN/A21.40%
SwedenN/AN/AN/A15.40%
France70.3N/A3.112.2-44.2%
Others23.316.924.718.1-8.1%
Total1,2371,0101,5571,174-1.7%

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

  1. Italy (56.3 tons)
  2. Netherlands (41.4 tons)
  3. Poland (26.6 tons)
  4. Austria (15.2 tons)
  5. Belgium (6.1 tons)
  6. Denmark (4.7 tons)
  7. Sweden (2.5 tons)
  8. France (2.0 tons)

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

After three years of growth, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -30.8% to 125 tons in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of 181 tons, and then declined remarkably in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea fell markedly to $789K in 2022. In general, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $1.1M, and then fell sharply in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3764965924667.4%
Russia49.228.266.010629.2%
Netherlands62.528.033.110418.5%
Poland48.649.561.344.9-2.6%
Austria25426630514.9-61.1%
Bulgaria21.33.95.06.2-33.7%
Others58.433.956.447.0-7.0%
Total8709061,119789-3.2%

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

  1. Germany (82.6 tons)
  2. Netherlands (14.7 tons)
  3. Russia (11.0 tons)
  4. Poland (8.2 tons)
  5. Austria (2.7 tons)
  6. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform

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