Price for Dyes; Pigments and Preparations Based Thereon in Iran - 2022

Contents:

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

Price for Dyes; Pigments and Preparations Based Thereon in Iran (CIF) - 2022

In 2022, the average import price for dyes; pigments and preparations based therea amounted to $7,752 per ton, which is down by -2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2019 an increase of 13% against the previous year. Over the period under review, average import prices attained the peak figure at $7,962 per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($12,006 per ton), while the price for Turkey ($5,770 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $3,927 per ton, which is down by -19.2% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dyes; pigments and preparations based therea decreased by -23.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. As a result, the export price reached the peak level of $6,679 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,876 per ton), while the average price for exports to Uzbekistan ($1,557 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 Kazakhstan (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Iran

After two years of decline, supplies from abroad of dyes; pigments and preparations based therea increased by 7.7% to 4.7K tons in 2022. Over the period under review, imports, however, continue to indicate a deep downturn.

In value terms, imports of dyes; pigments and preparations based therea amounted to $36M in 2022. In general, imports, however, saw a abrupt curtailment.

Import of Dyes; Pigments and Preparations Based Thereon in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.97.58.212.0-9.0%
United Arab Emirates7.37.16.910.412.5%
China17.117.612.27.0-25.7%
South Korea0.21.01.42.0115.4%
Turkey1.31.61.81.42.5%
OmanN/A1.31.5N/A15.4%
Others2.51.92.63.511.9%
Total44.338.034.636.3-6.4%

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

  1. India (1664.7 tons)
  2. United Arab Emirates (1500.9 tons)
  3. China (942.9 tons)
  4. Turkey (243.9 tons)
  5. South Korea (163.7 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Iran

In 2022, approx. 157 tons of dyes; pigments and preparations based therea were exported from Iran; growing by 134% on the year before. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 209% against the previous year. As a result, the exports attained the peak of 177 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of dyes; pigments and preparations based therea skyrocketed to $618K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 272% against the previous year. As a result, the exports attained the peak of $908K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Dyes; Pigments and Preparations Based Thereon in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq10852914226534.9%
China28.714912022498.4%
Germany27.974.725.243.616.0%
Afghanistan13.651.516.135.137.2%
Kazakhstan10.125.48.515.816.1%
Turkey4.122.26.011.139.4%
Uzbekistan1.57.52.79.987.6%
Others49.848.07.413.6-35.1%
Total24490832761836.3%

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

  1. Iraq (80.5 tons)
  2. China (47.7 tons)
  3. Turkey (6.7 tons)
  4. Afghanistan (6.4 tons)
  5. Uzbekistan (6.4 tons)
  6. Kazakhstan (4.4 tons)
  7. Germany (2.9 tons)

Source: IndexBox Market Intelligence Platform

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