Netherlands: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in the Netherlands

In 2021, after four years of growth, there was significant decline in the Dutch market for colouring matter of vegetable or animal origin, when its value decreased by -11.2% to $X. In general, consumption recorded a abrupt slump. 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 the Netherlands

In value terms, vegetable or animal colouring matter production skyrocketed to $X in 2021 estimated in export price. In general, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 64% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from the Netherlands

In 2021, exports of colouring matter of vegetable or animal origin from the Netherlands rose rapidly to X tons, increasing by 7% on the previous year. Overall, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 17%. 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 rose significantly to $X in 2021. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 45%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Germany (X tons) and Ireland (X tons) were the main destinations of vegetable or animal colouring matter exports from the Netherlands, together accounting for 61% of total exports. France, Spain, Italy, Austria, Belgium, Poland, the UK, Japan and Denmark lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +31.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the largest markets for vegetable or animal colouring matter exported from the Netherlands worldwide, together accounting for 54% of total exports. These countries were followed by Austria, Italy, Ireland, Spain, Denmark, Belgium, Poland, Japan and the UK, which together accounted for a further 33%.

In terms of the main countries of destination, Denmark, with a CAGR of +48.3%, recorded the highest rates of growth with regard to 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

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2021, increasing by 1.8% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Ireland ($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 Austria (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into the Netherlands

In 2021, approx. X tons of colouring matter of vegetable or animal origin were imported into the Netherlands; which is down by -42% compared with the previous year's figure. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 107% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, vegetable or animal colouring matter imports expanded to $X in 2021. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 185% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest vegetable or animal colouring matter supplier to the Netherlands, with a 74% share of total imports. Moreover, vegetable or animal colouring matter imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.4% per year) and the United States (+43.3% per year).

In value terms, Germany ($X), Spain ($X) and France ($X) were the largest vegetable or animal colouring matter suppliers to the Netherlands, with a combined 64% share of total imports. The United States, China, India and Belgium lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, the United States, with a CAGR of +53.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for colouring matter of vegetable or animal origin amounted to $X per ton, growing by 78% against the previous year. In general, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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