Price for Dyes; Pigments and Preparations Based Thereon in Russia - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Russia (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Russia (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Russia
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Russia

Price for Dyes; Pigments and Preparations Based Thereon in Russia (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $4,727 per ton in 2022, waning by -41.8% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 5.8% against the previous year. Over the period under review, average import prices hit record highs at $9,209 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($13,926 per ton), while the price for Romania ($2,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dyes; Pigments and Preparations Based Thereon in Russia (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $4,818 per ton, waning by -12.3% against the previous year. In general, the export price showed a pronounced descent. The growth pace was the most rapid in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,195 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($14,629 per ton), while the average price for exports to the United States ($3,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Russia

For the fourth consecutive year, Russia recorded growth in overseas purchases of dyes; pigments and preparations based therea, which increased by 45% to 12K tons in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of dyes; pigments and preparations based therea contracted remarkably to $55M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $65M, and then contracted sharply in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India11.213.520.421.223.7%
China8.69.913.113.415.9%
Italy6.55.66.48.17.6%
Germany7.67.77.66.6-4.6%
Turkey1.31.41.50.9-11.5%
Romania1.00.80.60.8-7.2%
South Korea1.00.90.70.7-11.2%
Belarus0.51.01.10.50.0%
Spain1.41.51.70.2-47.7%
Denmark1.91.92.5N/A14.7%
Others10.711.19.72.7-36.8%
Total51.855.165.455.32.2%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Russia in 2022:

  1. India (4.2K tons)
  2. Italy (2.9K tons)
  3. China (2.7K tons)
  4. Germany (0.9K tons)
  5. Romania (0.4K tons)
  6. Turkey (0.1K tons)
  7. Belarus (0.1K tons)
  8. South Korea (0.1K tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Russia

After three years of growth, shipments abroad of dyes; pigments and preparations based therea decreased by -7.5% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year.

In value terms, exports of dyes; pigments and preparations based therea shrank dramatically to $6.7M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $8.2M, and then dropped markedly in the following year.

Export of Dyes; Pigments and Preparations Based Thereon in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine1.31.11.63.336.4%
Belarus1.82.02.12.410.1%
United StatesN/AN/A0.30.6100.0%
Kazakhstan0.40.91.30.40.0%
Uzbekistan0.40.50.4N/A0.0%
Denmark1.50.90.7N/A-31.7%
Czech Republic0.50.50.5N/A0.0%
Others0.50.91.30.1-41.5%
Total6.46.88.26.71.5%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Russia in 2022:

  1. Belarus (618.6 tons)
  2. Ukraine (480.4 tons)
  3. United States (175.2 tons)
  4. Kazakhstan (107.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dyes; pigments and preparations based thereon - Russia