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

Contents:

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

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $6,434 per ton in 2022, rising by 7.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 35%. The import price peaked at $9,953 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($10,229 per ton), while the price for India ($3,930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for colouring matter; ultramarine and preparations based therea stood at $6,216 per ton in 2022, rising by 44% against the previous year. Overall, the export price, however, showed a slight shrinkage. The export price peaked at $10,084 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($10,588 per ton), while the average price for exports to Russia ($4,258 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 Kazakhstan (+8.5%), while the prices for the other major destinations experienced a decline.

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

Imports of colouring matter; ultramarine and preparations based therea into Lithuania skyrocketed to 42 tons in 2022, rising by 109% compared with 2021 figures. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 115% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of colouring matter; ultramarine and preparations based therea skyrocketed to $271K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.018.320.2102173.2%
Poland66.90.80.990.010.4%
Germany2.90.528.633.1125.2%
Sweden9.834.612.021.930.7%
IndiaN/A23.028.73.9-58.8%
Italy8.529.812.13.4-26.3%
Denmark0.51.19.00.3-15.7%
Others6.08.79.016.740.7%
Total99.611712127139.6%

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

  1. Spain (22.4 tons)
  2. Poland (11.0 tons)
  3. Germany (3.2 tons)
  4. Sweden (2.7 tons)
  5. India (1.0 tons)
  6. Italy (0.5 tons)
  7. Denmark (0.1 tons)

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

In 2022, exports of colouring matter; ultramarine and preparations based therea from Lithuania soared to 40 tons, picking up by 60% compared with 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; ultramarine and preparations based therea skyrocketed to $251K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A1270%
Russia54.511997.111628.6%
Ukraine79.715.71.20.2-86.4%
Latvia0.7N/A8.7N/A252.5%
Others6.64.91.97.54.4%
Total14114010925121.2%

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

  1. Russia (27.3 tons)
  2. Kazakhstan (12.2 tons)

Source: IndexBox Market Intelligence Platform

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