Report Update: Apr 1, 2024

Colombia - Direct Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights

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Direct Dye Price in Colombia - 2022

Direct Dye Price in Colombia (CIF) - 2022

In February 2022, the average direct dye import price amounted to $6,151 per ton, growing by 26% against the previous month. Over the period under review, import price indicated a notable increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, direct dye import price increased by +52.4% against December 2021 indices. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 60% against the previous month. Over the period under review, average import prices hit record highs in February 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($22,868 per ton), while the price for Brazil ($3,625 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Direct Dye Price in Colombia (FOB) - 2022

The average direct dye export price stood at $8,080 per ton in 2022, waning by -7.1% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, direct dye export price decreased by -31.1% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs at $11,733 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($9,788 per ton), while the average price for exports to Guatemala ($5,978 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 Venezuela (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Direct Dye Imports in Colombia

In 2022, overseas purchases of direct dyes and preparations based thereon decreased by -16.4% to 403 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of 481 tons, and then shrank remarkably in the following year.

In value terms, direct dye imports contracted dramatically to $1.7M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $2.1M, and then fell rapidly in the following year.

Import of Direct Dye in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	313	313	640	505	17.3%
Brazil	124	210	395	312	36.0%
China	214	223	367	289	10.5%
United States	376	255	303	266	-10.9%
Spain	101	103	181	143	12.3%
Taiwan (Chinese)	30.4	66.0	83.4	65.8	29.4%
Thailand	68.5	94.9	3.5	47.4	-11.6%
Others	90.0	94.7	93.3	85.4	-1.7%
Total	1,316	1,360	2,066	1,713	9.2%

Top Suppliers of Direct Dye to Colombia in 2022:

Brazil (152.7 tons)
India (95.2 tons)
United States (63.0 tons)
China (39.1 tons)
Spain (23.3 tons)
Taiwan (Chinese) (9.0 tons)
Thailand (8.2 tons)

Direct Dye Exports in Colombia

In 2022, shipments abroad of direct dyes and preparations based thereon decreased by -19.1% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 109%. As a result, the exports reached the peak of 18 tons, and then declined dramatically in the following year.

In value terms, direct dye exports declined sharply to $119K in 2022. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $159K, and then shrank dramatically in the following year.

Export of Direct Dye in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ecuador	63.0	39.8	54.7	73.3	5.2%
Trinidad and Tobago	8.9	17.9	27.0	36.1	59.5%
Guatemala	5.9	7.9	7.5	10.1	19.6%
Peru	N/A	10.3	1.8	N/A	-82.5%
United States	N/A	N/A	16.0	N/A	0%
Costa Rica	N/A	N/A	6.6	N/A	0%
Others	12.2	4.0	45.4	N/A	92.9%
Total	90.0	79.9	159	119	9.8%

Top Export Markets for Direct Dye from Colombia in 2022:

Ecuador (9.4 tons)
Trinidad and Tobago (3.7 tons)
Guatemala (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direct dye market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20122140 - Direct dyes and preparations based thereon

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023