Price for Dyes; Reactive Dyes and Preparations Based Thereon in the UK - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in the UK (FOB) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in the UK (CIF) - 2022
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in the UK
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in the UK
Price for Dyes; Reactive Dyes and Preparations Based Thereon in the UK (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $4,684 per ton, which is down by -21.2% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dyes; reactive dyes and preparations based therea increased by +67.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 81%. As a result, the export price attained the peak level of $5,945 per ton, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($13,862 per ton), while the average price for exports to Hungary ($2,548 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 Pakistan (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in the UK (CIF) - 2022
The average import price for dyes; reactive dyes and preparations based therea stood at $7,998 per ton in 2022, declining by -32.1% against the previous year. In general, the import price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73%. Over the period under review, average import prices reached the peak figure at $15,239 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($30,143 per ton), while the price for Italy ($1,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in the UK
In 2022, exports of dyes; reactive dyes and preparations based therea from the UK dropped to 1.7K tons, declining by -4.3% compared with the year before. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports reached the peak of 1.8K tons, and then dropped in the following year.
In value terms, exports of dyes; reactive dyes and preparations based therea reduced rapidly to $7.9M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, the exports reached the peak of $11M, and then reduced sharply in the following year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 3.6 | 3.6 | 0.0% |
| Hungary | 3.0 | 3.1 | 1.6 | 2.7 | -3.5% |
| Pakistan | N/A | 0.7 | 1.7 | 0.5 | -15.5% |
| Poland | 0.7 | 0.6 | 0.4 | 0.4 | -17.0% |
| India | 0.3 | 0.1 | 2.0 | 0.4 | 10.1% |
| Netherlands | N/A | N/A | 1.0 | 0.1 | -90.0% |
| Ireland | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Others | 0.1 | 0.4 | 0.2 | 0.3 | 44.2% |
| Total | 4.5 | 5.2 | 10.5 | 7.9 | 20.6% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from the UK in 2022:
- Hungary (1062.8 tons)
- Italy (405.1 tons)
- Poland (107.6 tons)
- Pakistan (42.3 tons)
- India (28.2 tons)
- Netherlands (11.6 tons)
- Ireland (9.2 tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in the UK
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into the UK stood at 592 tons, almost unchanged from 2021 figures. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of dyes; reactive dyes and preparations based therea contracted remarkably to $4.7M in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 751 | 451 | 650 | 2,362 | 46.5% |
| India | 578 | 313 | 358 | 947 | 17.9% |
| Germany | 1,838 | 1,755 | 478 | 410 | -39.4% |
| Switzerland | N/A | 1.3 | 68.7 | 243 | 1267.2% |
| Greece | N/A | N/A | N/A | 71.2 | 0% |
| Hungary | N/A | N/A | 40.1 | 53.2 | 32.7% |
| Italy | 13.7 | 42.5 | 86.1 | 48.0 | 51.9% |
| Netherlands | 3,632 | 2,686 | 4,720 | 1.3 | -92.9% |
| Poland | N/A | N/A | 163 | N/A | 0% |
| Others | 1,172 | 613 | 367 | 597 | -20.1% |
| Total | 7,985 | 5,862 | 6,932 | 4,732 | -16.0% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to the UK in 2022:
- Taiwan (Chinese) (271.2 tons)
- India (121.6 tons)
- Switzerland (42.2 tons)
- Italy (38.6 tons)
- Germany (35.5 tons)
- Hungary (28.3 tons)
- Greece (22.0 tons)
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