Product intelligence · HS 282120 · 2024 data

Earth colours: containing 70% or more by weight of combined iron evaluated as Fe2o3

Global exports of earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3 totalled $11,355,139 in 2024, a +20.4% change from the previous year. Traded by 77 countries across 635 bilateral corridors, with demand from 144 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$11.4M

+20.4% YoY

3Y / 5Y CAGR

-7.9%

5Y: +0.4%

Supply structure

Diversified

HHI 0.103

Volatility

Low

Score 10/100

1.

Market movement

In 2024, earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3 trade exhibited strong growth, with global flows reaching $11,355,139 and a three-year compound annual growth rate of -7.9% (five-year: +0.4%). The all-time peak of $25,923,194 was recorded in 2017; the current level is 56% below that high-water mark.

Over the 30-year observation window (19952024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-6.0% acceleration).

The World Trade Flows Characterization classifies earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.103). The three largest exporters — Egypt ($3.6M), China ($2.3M), and Italy ($1.2M) — collectively dominate supply flows. The leading exporter has grown at +49.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.083). The three largest import markets are China ($2.8M), Indonesia ($1.2M), and Namibia ($433.9K). The largest importing market sources from 19 different supplying countries.

The dominant trade corridor is Egypt → China at $2.2M, representing 79.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3 is 10 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $25,923,194 in 2017. Currently 56% below peak.

YearGlobal trade (USD)YoY growth
2015$11,685,022-14.7%
2016$12,953,190+10.9%
2017$25,923,194+100.1%
2018$14,935,953-42.4%
2019$11,136,635-25.4%
2020$9,820,062-11.8%
2021$14,537,540+48.0%
2022$11,953,437-17.8%
2023$9,434,906-21.1%
2024$11,355,139+20.4%

Top exporting countries

Ranked by export value of earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3 in 2024.

View all 77 exporters →

Top importing markets

Largest import destinations for earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3.

View all 144 markets →

Leading trade corridors

Largest bilateral export flows for earth colours: containing 70% or more by weight of combined iron evaluated as fe2o3, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1EgyptChina$2.2M-15.6%
2BahrainUnited Arab Emirates$644.2K
3ChinaIndonesia$598.6K-17.8%
4EgyptVietnam$537.6K
5Antigua and BarbudaNigeria$477.7K
6South AfricaNamibia$433.7K+45.2%
7JordanMorocco$427.6K
8CanadaUnited Arab Emirates$421.4K

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.