Benelux: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2024

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Benelux

The Benelux pigments, opacifiers and colours market surged to $X in 2022, increasing by 69% against the previous year. Overall, consumption posted a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Benelux

In value terms, pigments, opacifiers and colours production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 51%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports in Benelux

In 2022, shipments abroad of pigments, opacifiers and colours for ceramics, enamelling or glass increased by 4.2% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pigments, opacifiers and colours exports totaled $X in 2022. Over the period under review, exports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands represented the key exporter of pigments, opacifiers and colours for ceramics, enamelling or glass in Benelux, with the volume of exports resulting at X tons, which was approx. 77% of total exports in 2022. It was distantly followed by Belgium (X tons), making up a 22% share of total exports.

Exports from the Netherlands decreased at an average annual rate of -3.7% from 2012 to 2022. At the same time, Belgium (+20.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +20.7% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +19 percentage points.

In value terms, the Netherlands ($X) remains the largest pigments, opacifiers and colours supplier in Benelux, comprising 89% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to -3.5%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, waning by -2% against the previous year. In general, the export price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2013 when the export price increased by 21% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.2%).

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports in Benelux

In 2022, after two years of growth, there was significant decline in overseas purchases of pigments, opacifiers and colours for ceramics, enamelling or glass, when their volume decreased by -12.9% to X tons. Total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by 45% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pigments, opacifiers and colours imports reduced modestly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) dominates imports structure, together making up 92% of total imports. It was distantly followed by Luxembourg (X tons), creating a 7.6% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +9.6%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported pigments, opacifiers and colours for ceramics, enamelling or glass in Benelux, comprising 59% of total imports. The second position in the ranking was held by Belgium ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands was relatively modest. In the other countries, the average annual rates were as follows: Belgium (+1.9% per year) and Luxembourg (-4.3% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, increasing by 13% against the previous year. In general, the import price, however, saw a mild slump. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform