Southern Asia: Organic Pigments Market 2025

Organic Pigments Market Size in Southern Asia

The South Asian organic pigments market amounted to $X in 2021, growing by 3.8% against the previous year. The total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.1% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Organic Pigments Production in Southern Asia

In value terms, organic pigments production rose significantly to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Organic Pigments Exports

Exports in Southern Asia

In 2021, the amount of synthetic organic coloring matter and pigments exported in Southern Asia surged to X tons, picking up by 24% compared with the year before. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, organic pigments exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) represented roughly 99% of total exports in 2021.

India was also the fastest-growing in terms of the synthetic organic coloring matter and pigments exports, with a CAGR of +6.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest organic pigments supplier in Southern Asia.

In India, organic pigments exports expanded at an average annual rate of +8.2% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, growing by 7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 when the export price increased by 14%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +1.5% per year.

Organic Pigments Imports

Imports in Southern Asia

In 2021, imports of synthetic organic coloring matter and pigments in Southern Asia expanded sharply to X tons, increasing by 6.5% compared with the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by 17% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, organic pigments imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh (X tons), India (X tons) and Pakistan (X tons) represented roughly 94% of total imports in 2021. Sri Lanka (X tons) and Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Nepal (with a CAGR of +18.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Bangladesh ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2021, together comprising 94% of total imports. Sri Lanka and Nepal lagged somewhat behind, together comprising a further 6%.

In terms of the main importing countries, Nepal, with a CAGR of +15.4%, recorded 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 import price in Southern Asia amounted to $X per ton, approximately reflecting the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 an increase of 30%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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