Price for Dyes; Pigments and Preparations Based Thereon in Belarus - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Belarus (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Belarus (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Belarus
- Exports of Dyes; Pigments and Preparations Based Thereon in Belarus
Price for Dyes; Pigments and Preparations Based Thereon in Belarus (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $7,790 per ton in March 2022, shrinking by -7.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $9,625 per ton. From December 2021 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($23,519 per ton), while the price for Russia ($3,229 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Belarus (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $3,914 per ton in March 2022, declining by -6.2% against the previous month. Over the period under review, the export price showed a perceptible downturn. The pace of growth was the most pronounced in September 2021 when the average export price increased by 521% against the previous month. As a result, the export price reached the peak level of $13,053 per ton. From October 2021 to March 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Uzbekistan ($10,784 per ton), while the average price for exports to Russia amounted to $3,878 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (-0.5%).
Imports of Dyes; Pigments and Preparations Based Thereon in Belarus
For the fourth consecutive year, Belarus recorded growth in supplies from abroad of dyes; pigments and preparations based therea, which increased by 4.1% to 1K tons in 2022. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of dyes; pigments and preparations based therea rose to $8.1M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Dyes; Pigments and Preparations Based Thereon in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,576 | 1,791 | 1,842 | 1,853 | 5.5% |
China | 1,271 | 1,137 | 1,085 | 1,154 | -3.2% |
India | 747 | 735 | 1,056 | 1,062 | 12.4% |
Belgium | 1,142 | 891 | 982 | 996 | -4.5% |
Romania | 271 | 547 | 410 | 412 | 15.0% |
Ukraine | 182 | 230 | 239 | 240 | 9.7% |
Turkey | 136 | 195 | 219 | 220 | 17.4% |
Others | 1,845 | 2,095 | 2,025 | 2,173 | 5.6% |
Total | 7,171 | 7,620 | 7,856 | 8,109 | 4.2% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Belarus in 2022:
- Russia (250.4 tons)
- China (139.2 tons)
- Turkey (127.0 tons)
- India (110.4 tons)
- Romania (80.3 tons)
- Belgium (75.6 tons)
- Ukraine (49.8 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Belarus
In 2022, exports of dyes; pigments and preparations based therea from Belarus surged to 280 tons, growing by 39% on the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of dyes; pigments and preparations based therea surged to $1.4M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Dyes; Pigments and Preparations Based Thereon in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 836 | 824 | 861 | 1,145 | 11.1% |
Uzbekistan | 29.2 | 157 | 161 | 214 | 94.2% |
Others | 49.8 | 15.3 | 31.7 | 29.6 | -15.9% |
Total | 915 | 996 | 1,054 | 1,389 | 14.9% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Belarus in 2022:
- Russia (258.3 tons)
- Uzbekistan (17.9 tons)
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