Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (FOB) - 2023
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (CIF) - 2023
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for dyes; reactive dyes and preparations based therea amounted to $27,013 per ton, with an increase of 125% against the previous month. Over the period under review, the export price saw a strong expansion. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 181% m-o-m. As a result, the export price reached the peak level of $42,820 per ton. From May 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was India ($33,619 per ton), while the average price for exports to Thailand ($18,229 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (CIF) - 2023
In November 2023, the average import price for dyes; reactive dyes and preparations based therea amounted to $10,230 per ton, with an increase of 27% against the previous month. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in February 2023 an increase of 129% against the previous month. As a result, import price attained the peak level of $24,015 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Taiwan (Chinese) ($14,447 per ton), while the price for South Korea ($7,699 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of dyes; reactive dyes and preparations based therea, which decreased by -62% to 261 tons in 2022. In general, exports showed a dramatic curtailment. The smallest decline of -7.1% was in 2020.
In value terms, exports of dyes; reactive dyes and preparations based therea fell sharply to $3.9M in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of -2.7% was in 2021.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.5 | 7.7 | 4.8 | 2.3 | -37.7% |
| Vietnam | 0.4 | 0.4 | 3.0 | 1.2 | 44.2% |
| Madagascar | N/A | N/A | 0.1 | 0.1 | 0.0% |
| India | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Sri Lanka | 0.6 | 0.3 | 0.4 | N/A | -18.4% |
| Pakistan | N/A | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.3 | 0.1 | 0.2 | -41.5% |
| Total | 11.9 | 8.7 | 8.5 | 3.9 | -31.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Hong Kong SAR in 2022:
- China (157.4 tons)
- Vietnam (65.1 tons)
- Madagascar (12.8 tons)
- Pakistan (10.0 tons)
- India (6.3 tons)
- Sri Lanka (1.0 tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Hong Kong SAR dropped remarkably to 259 tons, falling by -66.7% compared with 2021. Over the period under review, imports saw a sharp decline. The smallest decline of -0.6% was in 2021.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank dramatically to $3.1M in 2022. In general, imports faced a precipitous shrinkage. The smallest decline of -20.7% was in 2020.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,567 | 968 | 1,181 | 1,057 | -12.3% |
| India | 1,090 | 421 | 2,848 | 653 | -15.7% |
| Japan | 266 | 158 | 453 | 558 | 28.0% |
| South Korea | 1,428 | 963 | 573 | 494 | -29.8% |
| China | 1,927 | 454 | 404 | 259 | -48.8% |
| Thailand | 1,412 | 748 | 131 | 56.1 | -65.9% |
| Indonesia | 2,454 | 1,587 | 570 | 36.7 | -75.4% |
| Vietnam | 948 | 3,819 | 2.7 | N/A | -94.7% |
| Others | 2,169 | 1,395 | 1,218 | 6.7 | -85.4% |
| Total | 13,261 | 10,513 | 7,381 | 3,121 | -38.3% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Hong Kong SAR in 2022:
- India (67.8 tons)
- Taiwan (Chinese) (60.9 tons)
- South Korea (58.8 tons)
- China (41.2 tons)
- Japan (18.5 tons)
- Indonesia (6.0 tons)
- Thailand (5.0 tons)
250
This report provides an in-depth analysis of the market for synthetic organic colouring matters in Hong Kong SAR, China.
354
This report provides an in-depth analysis of the organic pigments market in Hong Kong SAR, China.
304
This report provides an in-depth analysis of the market for acid and mordant dye in Hong Kong SAR, China.
287
This report provides an in-depth analysis of the basic dye market in Hong Kong SAR, China.
400
This report provides an in-depth analysis of the direct dye market in Hong Kong SAR, China.
290
This report provides an in-depth analysis of the disperse dye market in Hong Kong SAR, China.
269
This report provides an in-depth analysis of the fluorescent brightening agents market in Hong Kong SAR, China.
117
This report provides an in-depth analysis of the global market for synthetic organic colouring matters.
1286
This report provides an in-depth analysis of the global organic pigments market.
570
This report provides an in-depth analysis of the global market for acid and mordant dye.
777
In value terms, colouring matter and preparations imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average annual rate ...
923
In value terms, artists and signboard painters colours imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, th...
885
In value terms, colouring matter and preparations exports totaled $X in 2016. Overall, it indicated a modest expansion from 2007 to 2016: the total exports value decreased at an average annual rate ...
1130
In value terms, artists and signboard painters colours exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average a...
1666
In 2016, the amount of organic pigments imported worldwide amounted to X tons, waning by -X% against the previous year level. In general, organic pigments imports continue to indicate a temper...
1917
In 2016, the amount of organic pigments imported worldwide amounted to X tons, waning by -X% against the previous year level. In general, organic pigments imports continue to indicate a temper...
954
In value terms, unsaturated acyclic monocarboxylic acids imports stood at $X in 2016. Overall, unsaturated acyclic monocarboxylic acids imports continue to indicate a relatively flat trend pattern....
1940
In value terms, unsaturated acyclic monocarboxylic acids exports amounted to $X in 2016. In general, unsaturated acyclic monocarboxylic acids exports continue to indicate a relatively flat trend pa...
740
After two years of growth, the global direct dye market decreased by -3.6% to $1.9B in 2019.
777
In value terms, colouring matter and preparations imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average annual rate ...
