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Italy - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Italy - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Jul 20, 2023

Price of Italy's Organic Pigments Soars to $9,084 per Ton

Italy Organic Pigments Import Price in April 2023

In April 2023, the organic pigments price amounted to $9,084 per ton (CIF, Italy), with an increase of 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in September 2022 when the average import price increased by 19% m-o-m. Over the period under review, average import prices hit record highs in April 2023.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Germany ($16,437 per ton), while the price for Spain ($3,285 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Hungary (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Organic Pigments in Italy (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Germany10,48111,58417,43211,3504,37014,5379,36410,38712,44013,2879,43217,58016,437
Hungary3,2565,3332,1622,6483,0532,3472,7473,1122,8763,3454,4941,66814,896
Belgium10,12211,92311,4789,8669,98511,1669,96710,3799,15312,65310,20312,49112,262
Netherlands7,8595,7686,2926,0826,0514,6705,9717,92810,3226,9349,0639,62411,360
France7,25712,0837,1408,7066,2556,8797,3709,9945,7837,9028,0528,17410,729
China11,97711,3287,8337,98813,3969,8357,0939,2299,0217,47211,4805,6808,082
India6,7237,9887,2657,4228,4077,3397,5218,7996,8367,0806,5707,5587,328
Spain3,5344,0823,2524,0263,0174,3063,5183,5513,2103,7693,2413,2463,285
Average7,5808,4317,6387,7386,8108,0967,2648,2347,5718,1677,6828,2239,084

Italy Organic Pigments Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In April 2023, the product with the highest price was colour lakes, preparations based on colour lakes ($66,314 per ton), while the price for synthetic organic colouring matter and preparations based thereon; synthetic organic products used as fluorescent brightening agents or as luminophores; whether or not chemically defined totaled $8,935 per ton.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by colour lake (+5.0%).

Italy Organic Pigments Imports

In April 2023, overseas purchases of synthetic organic coloring matter and pigments decreased by -13.3% to 4.1K tons, falling for the second month in a row after two months of growth. In general, imports showed a perceptible reduction. The pace of growth was the most pronounced in January 2023 with an increase of 55% m-o-m.

In value terms, organic pigments imports shrank slightly to $37M (IndexBox estimates) in April 2023. Overall, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in January 2023 when imports increased by 67% month-to-month.

Italy Organic Pigments Imports by Type

In April 2023, synthetic organic colouring matter and preparations based thereon; synthetic organic products used as fluorescent brightening agents or as luminophores; whether or not chemically defined (4.1K tons) was the main type of organic pigments supplied to Italy, accounting for a 100% share of total imports. It was followed by colour lakes, preparations based on colour lakes (11 tons), with a 0.3% share of total imports.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of synthetic organic colouring matter and preparations based thereon; synthetic organic products used as fluorescent brightening agents or as luminophores; whether or not chemically defined amounted to -3.8%.

In value terms, synthetic organic colouring matter and preparations based thereon; synthetic organic products used as fluorescent brightening agents or as luminophores; whether or not chemically defined ($36M) constituted the largest type of organic pigments supplied to Italy, comprising 98% of total imports. The second position in the ranking was held by colour lakes, preparations based on colour lakes ($705K), with a 1.9% share of total imports.

Italy Organic Pigments Imports by Country

India (1.1K tons), Spain (655 tons) and Germany (511 tons) were the main suppliers of organic pigments imports to Italy, with a combined 56% share of total imports. China, Belgium, the Netherlands, France and Hungary lagged somewhat behind, together comprising a further 30%.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +0.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest organic pigments suppliers to Italy were Germany ($8.4M), India ($8.1M) and China ($4.1M), with a combined 55% share of total imports. Belgium, the Netherlands, Spain, France and Hungary lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, France, with a CAGR of +3.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organic pigments market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20122110 - Disperse dyes and preparations based thereon
  • Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
  • Prodcom 20122130 - Basic dyes and preparations based thereon
  • Prodcom 20122140 - Direct dyes and preparations based thereon
  • Prodcom 20122150 - Other synthetic organic colouring matters
  • Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
  • Prodcom 20122170 - Colour lakes, preparations based on colour lakes

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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