EU: 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 the EU

In 2022, the EU pigments, opacifiers and colours market increased by 22% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +5.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained 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 the EU

In value terms, pigments, opacifiers and colours production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 15%. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in the immediate term.

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

Exports in the EU

In 2022, approx. X tons of pigments, opacifiers and colours for ceramics, enamelling or glass were exported in the European Union; declining by -10.9% against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, pigments, opacifiers and colours exports reduced to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 24%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Spain (X tons) represented the main exporter of pigments, opacifiers and colours for ceramics, enamelling or glass, comprising 69% of total exports. It was distantly followed by Italy (X tons), comprising an 18% share of total exports. The Netherlands (X tons), France (X tons) and Germany (X tons) followed a long way behind the leaders.

Spain experienced a relatively flat trend pattern with regard to volume of exports of pigments, opacifiers and colours for ceramics, enamelling or glass. At the same time, France (+14.2%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +14.2% from 2012-2022. By contrast, Italy (-3.3%), the Netherlands (-3.7%) and Germany (-11.5%) illustrated a downward trend over the same period. While the share of Spain (+7.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (-3.7 p.p.) and Italy (-5.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest pigments, opacifiers and colours supplier in the European Union, comprising 60% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Spain amounted to +2.0%. In the other countries, the average annual rates were as follows: Italy (-2.6% per year) and the Netherlands (-3.5% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by 5.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 17% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the other leaders experienced more modest paces of growth.

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

Imports in the EU

Pigments, opacifiers and colours imports dropped to X tons in 2022, which is down by -6.7% compared with the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 14%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, pigments, opacifiers and colours imports dropped to $X in 2022. In general, imports saw a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) represented the largest importer of pigments, opacifiers and colours for ceramics, enamelling or glass, making up 29% of total imports. Germany (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Spain (11%), Poland (9.4%), Portugal (6.9%), France (6.8%) and the Czech Republic (5.2%).

Italy experienced a relatively flat trend pattern with regard to volume of imports of pigments, opacifiers and colours for ceramics, enamelling or glass. At the same time, Portugal (+4.9%) and Spain (+3.4%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of +4.9% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, France (-1.2%), Poland (-1.7%) and the Czech Republic (-1.8%) illustrated a downward trend over the same period. While the share of Spain (+3.1 p.p.) and Portugal (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (-1.5 p.p.) and Poland (-2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported pigments, opacifiers and colours for ceramics, enamelling or glass in the European Union, comprising 24% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by Germany, with an 11% share.

In Italy, pigments, opacifiers and colours imports shrank by an average annual rate of -2.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (+0.4% per year) and Germany (-2.2% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, growing by 4.9% against the previous year. Over the period under review, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the peak figure 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 Poland ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :