Germany: Organic Pigments Market 2024

Organic Pigments Market Size in Germany

In 2021, the German organic pigments market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a prominent expansion. Organic pigments consumption peaked in 2021 and is expected to retain growth in the near future.

Organic Pigments Production in Germany

In value terms, organic pigments production expanded notably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible curtailment. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Organic Pigments Exports

Exports from Germany

In 2021, shipments abroad of synthetic organic coloring matter and pigments was finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Overall, exports, however, saw a perceptible curtailment. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, organic pigments exports expanded notably to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of organic pigments exports from Germany, together accounting for 21% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +3.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organic pigments exported from Germany were the United States ($X), Italy ($X) and France ($X), with a combined 27% share of total exports. The Netherlands, Spain, Belgium, Turkey, Poland, Austria, Pakistan, Sweden, Finland and Slovakia lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Pakistan, with a CAGR of +4.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average organic pigments export price amounted to $X per ton, approximately reflecting the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2020 an increase of 10%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Imports

Imports into Germany

In 2021, overseas purchases of synthetic organic coloring matter and pigments were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, organic pigments imports surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of organic pigments imports to Germany, together comprising 53% of total imports. Belgium, China, France, Italy, Switzerland, South Korea, Finland, Indonesia, the United States and Poland lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and the Netherlands ($X) constituted the largest organic pigments suppliers to Germany, with a combined 38% share of total imports. These countries were followed by Switzerland, Spain, Belgium, France, the United States, South Korea, Indonesia, Italy, Poland and Finland, which together accounted for a further 48%.

Finland, with a CAGR of +22.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organic pigments import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 12%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Finland ($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 United States (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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