Market movement
In 2024, colouring matter of vegetable or animal origin, including dyeing extracts not animal black, whether or not chemically defined: preparations based on colouring matter of vegetable or animal origin trade exhibited slight decline, with global flows reaching $1,810,617,481 and a three-year compound annual growth rate of +1.3% (five-year: +5.0%). The all-time peak of $1,833,576,562 was recorded in 2023; the current level is 1% below that high-water mark.
Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.2% acceleration).
The World Trade Flows Characterization classifies colouring matter of vegetable or animal origin, including dyeing extracts not animal black, whether or not chemically defined: preparations based on colouring matter of vegetable or animal origin as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
