Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (FOB) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (CIF) - 2022
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (FOB) - 2023
In May 2023, the average export price for colouring matter; ultramarine and preparations based therea amounted to $1,636 per ton, picking up by 2.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 14% against the previous month. As a result, the export price attained the peak level of $1,770 per ton. From April 2023 to May 2023, the 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 China.
From November 2022 to May 2023, the rate of growth in terms of prices for China amounted to +0.1% per month.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $8,007 per ton, surging by 63% against the previous year. In general, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($38,320 per ton), while the price for India ($2,145 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan
For the fourth consecutive year, Uzbekistan recorded growth in overseas shipments of colouring matter; ultramarine and preparations based therea, which increased by 28% to 3.3K tons in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,507% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; ultramarine and preparations based therea skyrocketed to $4.8M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,057% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 1.2 | 3.3 | 4.8 | 263.4% |
| Tajikistan | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 1.3 | 3.3 | 4.8 | 263.4% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Uzbekistan in 2022:
- China (3.3K tons)
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan
In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea increased by 120% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible slump.
In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $118K in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 27.3 | 0% |
| South Korea | 5.7 | 2.5 | 6.6 | 25.9 | 65.6% |
| Turkey | 10.7 | 11.2 | 9.4 | 25.1 | 32.9% |
| India | 12.8 | 13.9 | 9.3 | 20.6 | 17.2% |
| China | 1.2 | 1.7 | 1.6 | 6.4 | 74.7% |
| Germany | 2.0 | 2.4 | 1.8 | 5.1 | 36.6% |
| Russia | 5.9 | 6.3 | 4.2 | 1.1 | -42.9% |
| Others | 1.0 | 1.7 | 0.1 | 6.3 | 84.7% |
| Total | 39.3 | 39.6 | 33.0 | 118 | 44.3% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Uzbekistan in 2022:
- India (9.6 tons)
- Turkey (1.6 tons)
- Poland (1.3 tons)
- China (0.8 tons)
- South Korea (0.7 tons)
- Germany (0.3 tons)
- Russia (0.1 tons)
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