Benelux: Market for Colouring Matter Of Vegetable Or Animal Origin 2025

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Benelux

The Benelux market for colouring matter of vegetable or animal origin contracted to $X in 2021, falling by -6.3% against the previous year. Over the period under review, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Colouring Matter Of Vegetable Or Animal Origin in Benelux

In value terms, vegetable or animal colouring matter production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 60% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports in Benelux

Vegetable or animal colouring matter exports expanded modestly to X tons in 2021, increasing by 2.5% on the previous year. Overall, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 15%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, vegetable or animal colouring matter exports stood at $X in 2021. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 62% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X tons) represented the key exporter of colouring matter of vegetable or animal origin, generating 83% of total exports. It was distantly followed by Belgium (X tons), committing a 17% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to vegetable or animal colouring matter exports from the Netherlands stood at -3.3%. At the same time, Belgium (+10.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +10.2% from 2012-2021. Belgium (+11 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -11.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest vegetable or animal colouring matter supplier in Benelux, comprising 87% of total exports. The second position in the ranking was held by Belgium ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +7.4%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, rising by 3% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 41%. Over the period under review, the export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.1%).

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports in Benelux

In 2021, vegetable or animal colouring matter imports in Benelux dropped markedly to X tons, shrinking by -35.9% on 2020. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vegetable or animal colouring matter imports expanded remarkably to $X in 2021. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 139% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) represented the largest importer of colouring matter of vegetable or animal origin, creating 77% of total imports. It was distantly followed by Belgium (X tons), generating a 22% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to vegetable or animal colouring matter imports into the Netherlands stood at -15.1%. At the same time, Belgium (+5.5%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +5.5% from 2012-2021. From 2012 to 2021, the share of Belgium increased by +19 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported colouring matter of vegetable or animal origin in Benelux, comprising 83% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports.

In the Netherlands, vegetable or animal colouring matter imports expanded at an average annual rate of +6.6% over the period from 2012-2021.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, with an increase of 64% against the previous year. Overall, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.6%).

Source: IndexBox Platform