Price for Dyes; Pigments and Preparations Based Thereon in Brazil - 2024

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Brazil (CIF) - 2024
  2. Price for Dyes; Pigments and Preparations Based Thereon in Brazil (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Brazil
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Brazil

Price for Dyes; Pigments and Preparations Based Thereon in Brazil (CIF) - 2024

The average import price for dyes; pigments and preparations based therea stood at $7,785 per ton in February 2024, remaining relatively unchanged against the previous month. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $9,951 per ton. From August 2023 to February 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($39,954 per ton), while the price for Paraguay ($716 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dyes; Pigments and Preparations Based Thereon in Brazil (FOB) - 2022

The average export price for dyes; pigments and preparations based therea stood at $7,497 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The export price peaked at $12,781 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($12,270 per ton), while the average price for exports to El Salvador ($4,491 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 Uruguay (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Brazil

In 2022, purchases abroad of dyes; pigments and preparations based therea decreased by -9.6% to 13K 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 +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of 15K tons, and then declined in the following year.

In value terms, imports of dyes; pigments and preparations based therea fell slightly to $136M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $137M, leveling off in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.539.147.550.713.7%
India27.229.842.839.213.0%
Germany12.711.615.416.48.9%
United States6.17.58.38.09.5%
Uruguay2.82.63.44.920.5%
ParaguayN/A0.50.91.361.2%
Spain0.90.71.00.8-3.9%
Others14.313.617.414.30.0%
Total98.610613713611.3%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Brazil in 2022:

  1. China (5.2K tons)
  2. India (4.4K tons)
  3. United States (0.8K tons)
  4. Germany (0.7K tons)
  5. Uruguay (0.5K tons)
  6. Paraguay (0.3K tons)
  7. Spain (0.2K tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Brazil

In 2022, overseas shipments of dyes; pigments and preparations based therea decreased by -20.5% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.6% 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 exports increased by 29%. As a result, the exports reached the peak of 3.4K tons, and then dropped remarkably in the following year.

In value terms, exports of dyes; pigments and preparations based therea reduced to $20M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, the exports reached the peak of $23M, and then dropped in the following year.

Export of Dyes; Pigments and Preparations Based Thereon in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1.61.82.52.617.6%
Uruguay0.90.91.72.438.7%
Paraguay2.32.01.82.2-1.5%
Mexico1.11.42.01.817.8%
Ecuador1.21.22.31.712.3%
Bolivia1.72.12.31.6-2.0%
Chile0.61.02.11.535.7%
Colombia1.10.71.31.22.9%
Peru0.90.81.10.90.0%
El Salvador0.30.51.00.838.7%
Germany1.00.70.60.7-11.2%
Dominican Republic0.70.40.50.70.0%
Costa Rica0.40.50.80.40.0%
Others2.42.22.61.8-9.1%
Total16.116.222.720.48.2%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Brazil in 2022:

  1. Paraguay (382.7 tons)
  2. Argentina (343.1 tons)
  3. Chile (287.1 tons)
  4. Bolivia (222.1 tons)
  5. Uruguay (199.6 tons)
  6. Mexico (175.5 tons)
  7. El Salvador (173.8 tons)
  8. Ecuador (157.3 tons)
  9. Peru (121.7 tons)
  10. Colombia (112.1 tons)
  11. Dominican Republic (98.1 tons)
  12. Germany (80.7 tons)
  13. Costa Rica (77.2 tons)

Source: IndexBox Market Intelligence Platform

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