In 2017, the economic operation of China's dyeing and pigment industry was generally stable and good. Statistics show that the economic operation of the pigment industry has remained within a reasonable range, and the trend of stability and improvement has become apparent. Various economic indicators, production volume, sales volume, and exports The volume trend is stable, the growth momentum is full, the supply-side structural reform has achieved remarkable results, and the industry is moving towards a stage of high-quality development, paving the way for further deepening reform. In 2017, the overall trend of the economic operation of China's pigment and other industries showed an increasing trend compared with the same period of the previous year. In 2017, 246,000 tons of organic pigments were completed, an increase of 4.7% over the previous year.
From the perspective of imports and exports, the export of organic pigments in China has shown an upward trend. The export of indigo was 38,554 tons, an increase of 5.4% year-on-year, and the export of organic pigments was 154,506 tons, an increase of 6.1% year-on-year. In terms of exports, in 2017 China's organic pigments and products were exported to a total of 147 countries and regions. Among the top ten countries and regions for export, the top three countries are still the United States, the Netherlands and Germany. Exports to Germany fell the most, at 22.8%; exports to Japan fell by 3.9%; exports to Belgium increased by 24.1%; Vietnam rose from the tenth place to the sixth place in the same period of 2016, an increase of 25.3%.
In terms of imports: imported pigments are mainly concentrated in the field of high-end products. Indigo imports were 6.8 tons, a year-on-year decrease of 15.2%. Organic pigment imports were 19,682 tons, a year-on-year increase of 21.6%. There were 50 countries and regions that imported organic pigments and products, an increase of 3 Each. Compared with 2016, India has increased by 42.9%, a larger increase. The import volume of the top ten organic pigment and product importing countries and regions was 18,000 tons, an increase of 17.4% year-on-year, accounting for 90.4% of the total import; the import value of the top ten organic pigment and product importing countries and regions was USD 310 million. , An increase of 23.4% over the previous ten years, accounting for 91.2% of the total import value.
Due to the uneven internal performance of the industry, leading enterprises in the industry have maintained a steady and increasing trend, and the pressure for survival of SMEs has increased. After more than 20 years of accumulation, lily pigment has developed into a leading enterprise in the comprehensive competitiveness of the domestic organic pigment industry. It is one of the few domestic manufacturers with the ability to produce full-chromatographic pigments. In 2017, it achieved operating income of 1.51 billion yuan, a year-on-year increase. An increase of 11.20%; the net profit attributable to the parent company was 130 million yuan, a decrease of 4.69% compared to the same period last year; the main reason for the decline in profit was the increase in raw material costs, labor costs and manufacturing costs, of which the cost of chemical raw materials increased 17.82% year-on-year, The cost of intermediate raw materials increased by 210.95% year-on-year, and labor wages and manufacturing costs also rose to varying degrees.
At the same time, North American Chemical, Hongyan Pigment, Jiehong Pigment, Shuangle Chemical Pigment, Yabang Pigment, Liwang Chemical, United Chemical, Merida Pigment, Sunshine Pigment, etc. are also representative companies in the organic pigment industry.
The pattern of green development pigment industry will be further optimized
With the beginning of the "Thirteenth Five-Year Plan" and the beginning of supply-side reform, the organic pigment industry has placed more emphasis on the "green development" strategy. The cost pressure brought by this, backwardness and small-scale production capacity will gradually withdraw, and the industry structure will be further optimized.
It is expected that China's pigment industry in 2018 will continue the trend of 2017 and maintain a steady and low-speed growth trend. Comprehensive analysis of various factors, it is expected that China ’s pigment exports will not rebound strongly for a long time to come. In this regard, on the one hand, the relevant enterprises should continue to implement measures to maintain the stable development of foreign trade; on the other hand, while adhering to the market diversification strategy, they should deepen regional economic and trade cooperation and reduce related transaction costs.
Organic pigments-opportunities and challenges
The organic pigment industry is also facing various risks while developing.
Risks of competition in the industry market: At present, the concentration of the domestic organic pigment industry is still not high. Most of the hundreds of organic pigment manufacturers in the country are small and medium-sized enterprises. The homogeneity of their products is serious and the market competition is fierce. Affected by many factors such as national environmental protection policies and market environment, the intensive development of the industry often takes a long time. During this period, market competition is still fierce and disorderly competition is serious.