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

Contents:

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

Price for Dyes; Pigments and Preparations Based Thereon in Poland (CIF) - 2023

In November 2023, the average import price for dyes; pigments and preparations based therea amounted to $7,445 per ton, with an increase of 3.4% against the previous month. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 23% against the previous month. As a result, import price reached the peak level of $10,070 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($14,189 per ton), while the price for Lithuania ($2,586 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 Austria (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for dyes; pigments and preparations based therea stood at $8,430 per ton in November 2023, almost unchanged from the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 an increase of 17% month-to-month. Over the period under review, the average export prices reached the peak figure at $9,109 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United Arab Emirates ($19,403 per ton), while the average price for exports to Belarus ($3,639 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 Hungary (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Poland

After three years of growth, supplies from abroad of dyes; pigments and preparations based therea decreased by -11.8% to 9.7K tons in 2022. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of 11K tons, and then reduced in the following year.

In value terms, imports of dyes; pigments and preparations based therea declined to $76M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $89M, and then dropped in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.52.618.017.858.1%
Germany16.217.618.315.4-1.7%
China3.84.514.011.343.8%
Belgium5.67.69.36.44.6%
Italy5.54.44.95.0-3.1%
Netherlands5.65.45.53.9-11.4%
GreeceN/A0.53.02.8136.6%
Spain2.42.93.12.74.0%
Czech Republic2.62.62.91.6-14.9%
Denmark2.52.32.01.5-15.7%
Austria0.81.62.21.317.6%
South Korea1.70.70.10.7-25.6%
Lithuania0.30.3N/A0.626.0%
Others12.011.65.35.5-22.9%
Total63.364.788.876.46.5%

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

  1. India (3164.4 tons)
  2. Germany (1231.0 tons)
  3. China (1221.5 tons)
  4. Greece (620.7 tons)
  5. Italy (579.4 tons)
  6. Belgium (465.8 tons)
  7. Spain (357.3 tons)
  8. Netherlands (301.0 tons)
  9. Lithuania (190.4 tons)
  10. Czech Republic (187.2 tons)
  11. Austria (184.2 tons)
  12. Denmark (170.7 tons)
  13. South Korea (156.2 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Poland

For the fourth consecutive year, Poland recorded growth in overseas shipments of dyes; pigments and preparations based therea, which increased by 23% to 5.3K tons in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 107% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of dyes; pigments and preparations based therea skyrocketed to $41M in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 149%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Dyes; Pigments and Preparations Based Thereon in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.24.34.57.119.1%
Italy0.10.45.35.7284.9%
Spain0.40.35.24.6125.7%
Germany1.71.23.53.830.8%
Belarus0.30.20.32.8110.5%
Czech Republic1.51.41.61.74.3%
Austria0.40.41.71.762.0%
PortugalN/A0.11.31.1231.7%
Luxembourg0.20.40.81.071.0%
Hungary0.81.00.81.07.7%
Ukraine1.10.81.00.9-6.5%
Romania0.50.60.80.817.0%
NetherlandsN/A0.20.80.787.1%
Others2.72.97.78.043.6%
Total14.014.235.440.842.8%

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

  1. Russia (1141.9 tons)
  2. Belarus (623.8 tons)
  3. Italy (572.4 tons)
  4. Spain (485.9 tons)
  5. Czech Republic (388.9 tons)
  6. Germany (364.7 tons)
  7. Austria (188.3 tons)
  8. Luxembourg (128.6 tons)
  9. Portugal (120.4 tons)
  10. Ukraine (114.3 tons)
  11. Netherlands (109.1 tons)
  12. Romania (105.6 tons)
  13. Hungary (104.4 tons)

Source: IndexBox Market Intelligence Platform

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