Price for Dyes; Pigments and Preparations Based Thereon in Ireland - 2023

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Ireland (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Ireland (FOB) - 2023
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Ireland
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Ireland

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

In 2022, the average import price for dyes; pigments and preparations based therea amounted to $7,999 per ton, picking up by 18% against the previous year. In general, the import price, however, continues to indicate a slight descent. The import price peaked at $10,512 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United States ($31,293 per ton), while the price for Spain ($1,696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Ireland (FOB) - 2023

The average export price for dyes; pigments and preparations based therea stood at $6,974 per ton in November 2023, growing by 8.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 26% month-to-month. The export price peaked at $7,928 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($8,339 per ton), while the average price for exports to Hungary ($5,137 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dyes; Pigments and Preparations Based Thereon in Ireland

For the third consecutive year, Ireland recorded decline in overseas purchases of dyes; pigments and preparations based therea, which decreased by -28.3% to 1.2K tons in 2022. In general, imports faced a abrupt decline. The smallest decline of less than 0.1% was in 2020.

In value terms, imports of dyes; pigments and preparations based therea contracted markedly to $9.2M in 2022. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7% against the previous year. As a result, imports attained the peak of $11M, and then dropped markedly in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.22.92.12.9-3.2%
Netherlands0.91.01.71.518.6%
United Kingdom2.62.33.11.5-16.8%
Denmark0.50.71.10.711.9%
Luxembourg0.60.60.40.60.0%
Sweden0.20.20.60.426.0%
Spain0.20.40.40.314.5%
Belgium0.40.60.30.1-37.0%
Others1.31.21.31.2-2.6%
Total9.89.910.99.2-2.1%

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

  1. Netherlands (285.0 tons)
  2. United Kingdom (251.9 tons)
  3. Spain (186.2 tons)
  4. Denmark (109.6 tons)
  5. United States (92.4 tons)
  6. Luxembourg (75.9 tons)
  7. Sweden (49.9 tons)
  8. Belgium (9.8 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Ireland

In 2022, exports of dyes; pigments and preparations based therea from Ireland was estimated at 935 tons, with an increase of 1.8% on 2021. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of dyes; pigments and preparations based therea surged to $7.6M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Dyes; Pigments and Preparations Based Thereon in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.52.62.92.95.1%
Hungary1.11.11.21.510.9%
SwitzerlandN/AN/A0.91.455.6%
NorwayN/A0.1N/A1.1231.7%
Sweden0.60.10.30.3-20.6%
Others0.40.40.70.57.7%
Total4.64.35.97.618.2%

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

  1. United Kingdom (477.3 tons)
  2. Hungary (189.2 tons)
  3. Switzerland (137.0 tons)
  4. Norway (69.0 tons)
  5. Sweden (26.0 tons)

Source: IndexBox Market Intelligence Platform

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