Price for Dyes; Pigments and Preparations Based Thereon in Spain - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Spain (CIF) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in Spain (FOB) - 2023
- Imports of Dyes; Pigments and Preparations Based Thereon in Spain
- Exports of Dyes; Pigments and Preparations Based Thereon in Spain
Price for Dyes; Pigments and Preparations Based Thereon in Spain (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $5,898 per ton in November 2023, declining by -21% against the previous month. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 52% against the previous month. Over the period under review, average import prices hit record highs at $8,947 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($14,216 per ton), while the price for the United States ($2,307 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 Germany (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Dyes; Pigments and Preparations Based Thereon in Spain (FOB) - 2023
In November 2023, the average export price for dyes; pigments and preparations based therea amounted to $5,948 per ton, stabilizing at the previous month. In general, export price indicated a moderate expansion from November 2022 to November 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for dyes; pigments and preparations based therea decreased by -21.8% against August 2023 indices. The pace of growth was the most pronounced in December 2022 when the average export price increased by 80% against the previous month. Over the period under review, the average export prices attained the maximum at $7,604 per ton in August 2023; however, from September 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 India ($8,146 per ton), while the average price for exports to Belgium ($3,143 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 Italy (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Spain
In 2022, approx. 24K tons of dyes; pigments and preparations based therea were imported into Spain; waning by -13.7% against the year before. Overall, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8%. As a result, imports attained the peak of 27K tons, and then declined in the following year.
In value terms, imports of dyes; pigments and preparations based therea shrank modestly to $153M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports attained the peak of $158M, and then declined slightly in the following year.
Import of Dyes; Pigments and Preparations Based Thereon in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 29.7 | 34.9 | 40.4 | 35.0 | 5.6% |
China | 28.4 | 21.7 | 25.6 | 26.5 | -2.3% |
Belgium | 19.2 | 18.7 | 23.8 | 22.8 | 5.9% |
India | 11.6 | 10.3 | 15.1 | 14.9 | 8.7% |
United States | 7.9 | 8.1 | 11.6 | 11.6 | 13.7% |
Italy | 6.9 | 6.7 | 9.0 | 8.8 | 8.4% |
Portugal | 1.7 | 3.5 | 4.7 | 7.0 | 60.3% |
Others | 29.7 | 25.5 | 28.2 | 26.8 | -3.4% |
Total | 135 | 129 | 158 | 153 | 4.3% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Spain in 2022:
- United States (6.0K tons)
- China (5.0K tons)
- Germany (2.6K tons)
- Belgium (2.5K tons)
- India (2.0K tons)
- Portugal (1.6K tons)
- Italy (1.2K tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Spain
For the third consecutive year, Spain recorded decline in shipments abroad of dyes; pigments and preparations based therea, which decreased by -14.1% to 18K tons in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -2.8% was in 2020.
In value terms, exports of dyes; pigments and preparations based therea dropped to $93M in 2022. In general, exports saw a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $102M, and then declined in the following year.
Export of Dyes; Pigments and Preparations Based Thereon in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 44.2 | 40.2 | 49.2 | 43.6 | -0.5% |
Italy | 11.2 | 7.7 | 10.1 | 10.1 | -3.4% |
France | 8.9 | 8.2 | 7.5 | 7.5 | -5.5% |
Portugal | 3.8 | 3.1 | 4.5 | 4.4 | 5.0% |
Poland | 2.2 | 2.5 | 2.8 | 2.3 | 1.5% |
Mexico | 3.1 | 3.4 | 3.1 | 2.2 | -10.8% |
Morocco | 1.5 | 1.6 | 2.0 | 2.1 | 11.9% |
Belgium | 0.7 | 1.0 | 1.0 | 1.0 | 12.6% |
United Kingdom | 5.4 | 3.7 | 0.7 | 0.7 | -49.4% |
Others | 20.7 | 17.6 | 21.1 | 19.3 | -2.3% |
Total | 102 | 89.1 | 102 | 93.2 | -3.0% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Spain in 2022:
- Germany (7.8K tons)
- Italy (3.3K tons)
- France (1.6K tons)
- Portugal (0.9K tons)
- Morocco (0.4K tons)
- Mexico (0.3K tons)
- Poland (0.3K tons)
- Belgium (0.3K tons)
- United Kingdom (0.1K tons)
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