Price for Dyes; Pigments and Preparations Based Thereon in Bangladesh - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Bangladesh (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Bangladesh (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Bangladesh
- Exports of Dyes; Pigments and Preparations Based Thereon in Bangladesh
Price for Dyes; Pigments and Preparations Based Thereon in Bangladesh (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $5,950 per ton in 2022, with a decrease of -3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2014 an increase of 18%. Over the period under review, average import prices hit record highs at $6,145 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($17,344 per ton), while the price for Pakistan ($3,304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Bangladesh (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $6,485 per ton in 2022, falling by -2.3% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 64% against the previous year. The export price peaked at $7,322 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.8% per year.
Imports of Dyes; Pigments and Preparations Based Thereon in Bangladesh
In 2022, purchases abroad of dyes; pigments and preparations based therea decreased by -11.1% to 8.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.4% 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 29%. As a result, imports reached the peak of 9.2K tons, and then contracted in the following year.
In value terms, imports of dyes; pigments and preparations based therea contracted to $49M in 2022. The total import value increased at an average annual rate of +7.4% 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 when imports increased by 39% against the previous year. As a result, imports attained the peak of $57M, and then shrank in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.0 | 13.0 | 19.8 | 17.7 | 13.8% |
| China | 6.1 | 6.7 | 9.4 | 8.6 | 12.1% |
| Turkey | 3.2 | 4.3 | 6.1 | 4.5 | 12.0% |
| Singapore | 4.9 | 3.5 | 4.9 | 3.8 | -8.1% |
| Switzerland | 2.4 | 2.4 | 3.2 | 2.4 | 0.0% |
| Germany | 1.4 | 1.7 | 2.4 | 1.7 | 6.7% |
| Taiwan (Chinese) | 1.3 | 1.3 | 1.6 | 1.6 | 7.2% |
| Thailand | 1.0 | 1.1 | 1.2 | 1.1 | 3.2% |
| South Korea | 1.0 | 1.2 | 1.1 | 1.0 | 0.0% |
| Spain | 0.9 | 0.7 | 1.0 | 1.0 | 3.6% |
| Sri Lanka | 1.0 | 0.8 | 0.9 | 0.7 | -11.2% |
| Others | 4.1 | 4.2 | 5.2 | 4.6 | 3.9% |
| Total | 39.5 | 40.9 | 56.8 | 48.9 | 7.4% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Bangladesh in 2022:
- India (2944.1 tons)
- China (1683.2 tons)
- Turkey (1246.2 tons)
- Singapore (416.1 tons)
- Taiwan (Chinese) (346.6 tons)
- Thailand (277.0 tons)
- Sri Lanka (172.2 tons)
- Germany (166.3 tons)
- Switzerland (140.0 tons)
- Spain (135.7 tons)
- South Korea (124.0 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Bangladesh
In 2022, shipments abroad of dyes; pigments and preparations based therea was finally on the rise to reach 233 kg after two years of decline. Overall, exports, however, showed a deep setback.
In value terms, exports of dyes; pigments and preparations based therea reached $1.5K in 2022. In general, exports, however, showed a deep contraction.
| Export of Dyes; Pigments and Preparations Based Thereon in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.7 | 1.6 | 1.4 | 1.5 | -4.1% |
| Kuwait | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 1.6 | 1.4 | 1.5 | -7.6% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Bangladesh in 2022:
- India (230.0 kg)
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