Price for Dyes; Pigments and Preparations Based Thereon in Hungary - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Hungary (FOB) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Hungary (CIF) - 2023
- Exports of Dyes; Pigments and Preparations Based Thereon in Hungary
- Imports of Dyes; Pigments and Preparations Based Thereon in Hungary
Price for Dyes; Pigments and Preparations Based Thereon in Hungary (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $13,212 per ton in 2022, growing by 5.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 15%. The export price peaked at $13,759 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($20,705 per ton), while the average price for exports to Croatia ($5,390 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 Austria (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Hungary (CIF) - 2023
In November 2023, the average import price for dyes; pigments and preparations based therea amounted to $8,292 per ton, surging by 20% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 45% month-to-month. As a result, import price attained the peak level of $12,595 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($19,341 per ton), while the price for Romania ($1,848 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Pigments and Preparations Based Thereon in Hungary
Exports of dyes; pigments and preparations based therea from Hungary contracted to 1.4K tons in 2022, declining by -11.7% on 2021. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of 1.5K tons, and then declined in the following year.
In value terms, exports of dyes; pigments and preparations based therea shrank to $18M in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $19M, and then reduced in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,393 | 2,730 | 4,056 | 3,094 | 8.9% |
| India | 1,265 | 1,301 | 1,148 | 2,082 | 18.1% |
| Austria | 1,047 | 852 | 2,017 | 1,482 | 12.3% |
| Germany | 1,003 | 1,063 | 1,506 | 1,329 | 9.8% |
| Russia | 721 | 866 | 1,220 | 1,205 | 18.7% |
| Croatia | 1,008 | 764 | 911 | 962 | -1.5% |
| Romania | 615 | 809 | 979 | 904 | 13.7% |
| Poland | 719 | 471 | 654 | 603 | -5.7% |
| Serbia | 378 | 420 | 412 | 410 | 2.7% |
| Czech Republic | 162 | 175 | 334 | 382 | 33.1% |
| France | 273 | 205 | 120 | 321 | 5.5% |
| Bulgaria | 265 | 241 | 234 | 304 | 4.7% |
| Turkey | 287 | 129 | 252 | 188 | -13.2% |
| Others | 4,851 | 4,870 | 5,552 | 4,802 | -0.3% |
| Total | 14,986 | 14,895 | 19,395 | 18,069 | 6.4% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Hungary in 2022:
- Netherlands (323.3 tons)
- Croatia (178.4 tons)
- Austria (139.9 tons)
- India (122.2 tons)
- Germany (107.2 tons)
- Russia (58.2 tons)
- Romania (48.3 tons)
- Serbia (43.2 tons)
- Poland (43.1 tons)
- Bulgaria (38.4 tons)
- France (25.5 tons)
- Czech Republic (24.4 tons)
- Turkey (22.8 tons)
Imports of Dyes; Pigments and Preparations Based Thereon in Hungary
In 2022, overseas purchases of dyes; pigments and preparations based therea decreased by -26.5% to 2.3K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of dyes; pigments and preparations based therea dropped remarkably to $17M in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 9.6%. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Dyes; Pigments and Preparations Based Thereon in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 3.2 | 3.5 | 3.6 | 0.0% |
| Belgium | 1.8 | 1.8 | 2.1 | 2.4 | 10.1% |
| Italy | 1.2 | 1.1 | 1.3 | 2.3 | 24.2% |
| Netherlands | 2.5 | 2.4 | 2.8 | 2.2 | -4.2% |
| Austria | 1.9 | 2.0 | 2.7 | 1.7 | -3.6% |
| Poland | 2.0 | 2.0 | 2.3 | 1.6 | -7.2% |
| Romania | 1.1 | 1.0 | 1.4 | 1.2 | 2.9% |
| Luxembourg | 3.8 | 5.7 | 1.6 | 0.1 | -70.3% |
| Others | 2.4 | 3.2 | 3.9 | 2.4 | 0.0% |
| Total | 20.4 | 22.4 | 21.6 | 17.5 | -5.0% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Hungary in 2022:
- Romania (473.6 tons)
- Germany (416.5 tons)
- Italy (310.7 tons)
- Belgium (266.7 tons)
- Netherlands (213.3 tons)
- Poland (176.4 tons)
- Austria (110.5 tons)
- Luxembourg (23.6 tons)
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