Europe: 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 Europe

The Europe pigments, opacifiers and colours market surged to $X in 2022, with an increase of 18% against the previous year. The market value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Europe

In value terms, pigments, opacifiers and colours production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The level of production peaked in 2022 and is likely to continue growth in the near future.

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

Exports in Europe

In 2022, approx. X tons of pigments, opacifiers and colours for ceramics, enamelling or glass were exported in Europe; dropping by -10.9% compared with the previous year's figure. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, pigments, opacifiers and colours exports reduced to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 23%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain was the largest exporting country with an export of about X tons, which finished at 69% of total exports. It was distantly followed by Italy (X tons), making up an 18% share of total exports. The following exporters - the Netherlands (X tons), France (X tons) and Germany (X tons) - together made up 6.5% of total exports.

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 Europe, 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. From 2012 to 2022, the share of Spain increased by +8.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest pigments, opacifiers and colours supplier in Europe, comprising 59% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports. It was followed by the Netherlands, with an 11% share.

In Spain, pigments, opacifiers and colours exports expanded at an average annual rate of +2.0% over the period from 2012-2022. 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

The export price in Europe stood at $X per ton in 2022, with an increase of 5.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Europe

In 2022, pigments, opacifiers and colours imports in Europe dropped to X tons, which is down by -7.2% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, pigments, opacifiers and colours imports contracted to $X in 2022. In general, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), Spain (X tons), Poland (X tons), Russia (X tons), Portugal (X tons), France (X tons) and the UK (X tons) were the key importers of pigments, opacifiers and colours for ceramics, enamelling or glass, together comprising 77% of total imports. The Czech Republic (X tons), Belgium (X tons), Austria (X tons), the Netherlands (X tons) and Hungary (X tons) followed a long way behind the leaders.

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, Hungary (+13.3%), Belgium (+9.6%), Portugal (+4.9%) and Spain (+3.4%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Europe, with a CAGR of +13.3% from 2012-2022. Germany and the UK experienced a relatively flat trend pattern. By contrast, France (-1.2%), Poland (-1.7%), the Czech Republic (-1.8%), Russia (-2.6%), Austria (-2.9%) and the Netherlands (-3.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain, Portugal and Belgium increased by +3, +2.3 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported pigments, opacifiers and colours for ceramics, enamelling or glass in Europe, comprising 22% of total imports. The second position in the ranking was held by Poland ($X), with a 10% share of total imports. It was followed by Germany, with a 9.7% share.

In Italy, pigments, opacifiers and colours imports decreased by an average annual rate of -2.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+0.4% per year) and Germany (-2.2% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, growing by 3.9% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the import price increased by 12%. The level of import peaked 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 the Netherlands ($X per ton), while the UK ($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 more modest paces of growth.

Source: IndexBox Platform