Australia: Colour Lake Market 2025

Colour Lake Market Size in Australia

After three years of decline, the Australian colour lake market increased by 1% to $X in 2021. Overall, consumption, however, continues to indicate a pronounced decrease. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Colour Lake Exports

Exports from Australia

For the fourth consecutive year, Australia recorded growth in overseas shipments of colour lakes, preparations based on colour lakes, which increased by 42% to X tons in 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 857% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, colour lake exports surged to $X in 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 1,242%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

New Zealand (X tons) was the main destination for colour lake exports from Australia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand totaled +43.3%.

In value terms, New Zealand ($X) also remains the key foreign market for colour lakes, preparations based on colour lakes exports from Australia.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at +43.4%.

Export Prices by Country

The average colour lake export price stood at $X per ton in 2021, increasing by 20% against the previous year. In general, the export price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 300% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to +0.0% per year.

Colour Lake Imports

Imports into Australia

In 2021, supplies from abroad of colour lakes, preparations based on colour lakes was finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2017 when imports increased by 320%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, colour lake imports fell modestly to $X in 2021. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 582% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), Denmark (X tons) and the United States (X tons) were the main suppliers of colour lake imports to Australia, with a combined 88% share of total imports. Peru, Spain, the UK and China lagged somewhat behind, together comprising a further 9.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +270.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of colour lakes, preparations based on colour lakes to Australia, comprising 50% of total imports. The second position in the ranking was held by India ($X), with a 23% share of total imports. It was followed by Peru, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Denmark amounted to -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+43.0% per year) and Peru (+9.7% per year).

Import Prices by Country

In 2021, the average colour lake import price amounted to $X per ton, with a decrease of -14.1% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 213%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, 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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+60.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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