Northern America: 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 Northern America

The North American pigments, opacifiers and colours market dropped to $X in 2022, declining by -2.1% against the previous year. Over the period under review, consumption showed prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

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

In value terms, pigments, opacifiers and colours production shrank to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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

Exports in Northern America

In 2022, shipments abroad of pigments, opacifiers and colours for ceramics, enamelling or glass decreased by -7.1% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 18% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pigments, opacifiers and colours exports contracted slightly to $X in 2022. Total exports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, reaching X tons, which was near 98% of total exports in 2022. Canada (X tons) took a little share of total exports.

The United States 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, Canada (+1.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.8% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest pigments, opacifiers and colours supplier in Northern America, comprising 99% of total exports. The second position in the ranking was taken by Canada ($X), with a 1.3% share of total exports.

In the United States, pigments, opacifiers and colours exports expanded at an average annual rate of +1.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, increasing by 5.7% against the previous year. Overall, the export price saw a mild expansion. The growth pace was the most rapid in 2018 when the export price increased by 11%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.2%).

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

Imports in Northern America

In 2022, purchases abroad of pigments, opacifiers and colours for ceramics, enamelling or glass increased by 24% to X tons, rising for the second year in a row after three years of decline. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% 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 +49.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pigments, opacifiers and colours imports surged to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the key importer of pigments, opacifiers and colours for ceramics, enamelling or glass in Northern America, with the volume of imports recording X tons, which was near 82% of total imports in 2022. It was distantly followed by Canada (X tons), generating an 18% share of total imports.

The United States was also the fastest-growing in terms of the pigments, opacifiers and colours for ceramics, enamelling or glass imports, with a CAGR of +4.3% from 2012 to 2022. At the same time, Canada (+2.4%) displayed positive paces of growth. While the share of the United States (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-2.9 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported pigments, opacifiers and colours for ceramics, enamelling or glass in Northern America, comprising 74% of total imports. The second position in the ranking was held by Canada ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +1.4%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price saw a slight slump. The pace of growth was the most pronounced in 2014 an increase of 6.3% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%).

Source: IndexBox Platform

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