Netherlands: Organic Pigments Market 2024

Organic Pigments Market Size in the Netherlands

After two years of growth, the Dutch organic pigments market decreased by -51.4% to $X in 2021. In general, consumption saw a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Organic Pigments Production in the Netherlands

In value terms, organic pigments production soared to $X in 2021 estimated in export price. In general, production continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the production volume increased by 132%. Organic pigments production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Organic Pigments Exports

Exports from the Netherlands

In 2021, overseas shipments of synthetic organic coloring matter and pigments increased by 17% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports saw a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 34%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, organic pigments exports rose notably to $X in 2021. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for organic pigments exports from the Netherlands, with a 28% share of total exports. Moreover, organic pigments exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. The third position in this ranking was held by Poland (X tons), with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+1.4% per year) and Poland (-0.3% per year).

In value terms, Germany ($X) remains the key foreign market for synthetic organic coloring matter and pigments exports from the Netherlands, comprising 20% of total exports. The second position in the ranking was taken by Italy ($X), with a 6.6% share of total exports. It was followed by Belgium, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.5% per year) and Belgium (+2.7% per year).

Export Prices by Country

In 2021, the average organic pigments export price amounted to $X per ton, falling by -5.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into the Netherlands

In 2021, the amount of synthetic organic coloring matter and pigments imported into the Netherlands surged to X tons, with an increase of 15% compared with 2020. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 59% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, organic pigments imports rose remarkably to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

India (X tons), China (X tons) and Germany (X tons) were the main suppliers of organic pigments imports to the Netherlands, with a combined 64% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +14.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and China ($X) constituted the largest organic pigments suppliers to the Netherlands, with a combined 60% share of total imports.

In terms of the main suppliers, France, with a CAGR of +45.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organic pigments import price amounted to $X per ton, falling by -1.5% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 155%. The import price peaked at $X per ton in 2020, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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