Price for Dyes; Pigments and Preparations Based Thereon in the United States - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in the United States (CIF) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in the United States (FOB) - 2023
- Imports of Dyes; Pigments and Preparations Based Thereon in the United States
- Exports of Dyes; Pigments and Preparations Based Thereon in the United States
Price for Dyes; Pigments and Preparations Based Thereon in the United States (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $9,783 per ton in December 2023, increasing by 3% against the previous month. Overall, the import price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in February 2023 an increase of 7.3% m-o-m. The import price peaked at $13,624 per ton in March 2023; however, from April 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($36,926 per ton), while the price for China ($5,401 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Dyes; Pigments and Preparations Based Thereon in the United States (FOB) - 2023
In December 2023, the average export price for dyes; pigments and preparations based therea amounted to $8,188 per ton, reducing by -11.8% against the previous month. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in September 2023 an increase of 24% m-o-m. As a result, the export price attained the peak level of $16,861 per ton. From October 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($46,001 per ton), while the average price for exports to Spain ($1,722 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Dyes; Pigments and Preparations Based Thereon in the United States
In 2022, the amount of dyes; pigments and preparations based therea imported into the United States rose significantly to 51K tons, with an increase of 10% against the year before. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of dyes; pigments and preparations based therea surged to $571M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dyes; Pigments and Preparations Based Thereon in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 106 | 92.4 | 129 | 162 | 15.2% |
| Germany | 116 | 116 | 103 | 122 | 1.7% |
| China | 77.5 | 76.6 | 86.0 | 114 | 13.7% |
| South Korea | 33.3 | 23.0 | 29.3 | 33.8 | 0.5% |
| Mexico | 18.0 | 16.8 | 21.7 | 26.4 | 13.6% |
| Canada | 30.1 | 31.1 | 27.7 | 25.7 | -5.1% |
| Indonesia | 4.7 | 4.2 | 4.5 | 6.3 | 10.3% |
| Others | 65.3 | 57.5 | 65.2 | 81.0 | 7.4% |
| Total | 451 | 418 | 466 | 571 | 8.2% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to the United States in 2022:
- India (16.2K tons)
- China (15.6K tons)
- Germany (6.5K tons)
- Mexico (3.1K tons)
- South Korea (3.1K tons)
- Canada (2.0K tons)
- Indonesia (0.8K tons)
Exports of Dyes; Pigments and Preparations Based Thereon in the United States
In 2022, the amount of dyes; pigments and preparations based therea exported from the United States declined to 21K tons, dropping by -14.8% on 2021. Over the period under review, exports recorded a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of 24K tons, and then reduced in the following year.
In value terms, exports of dyes; pigments and preparations based therea declined modestly to $241M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports reached the peak of $241M, leveling off in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 48.8 | 45.0 | 50.7 | 52.4 | 2.4% |
| Germany | 31.2 | 27.2 | 34.5 | 29.5 | -1.9% |
| Belgium | 38.7 | 28.4 | 28.9 | 22.0 | -17.2% |
| Canada | 16.2 | 16.6 | 18.5 | 17.8 | 3.2% |
| China | 13.0 | 12.2 | 12.5 | 12.1 | -2.4% |
| Spain | 6.7 | 7.1 | 11.2 | 11.4 | 19.4% |
| Brazil | 6.0 | 7.9 | 8.4 | 7.3 | 6.8% |
| Others | 78.9 | 66.0 | 76.2 | 88.2 | 3.8% |
| Total | 239 | 210 | 241 | 241 | 0.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from the United States in 2022:
- Spain (5.3K tons)
- Mexico (5.2K tons)
- Germany (2.1K tons)
- Belgium (1.5K tons)
- Canada (1.1K tons)
- Brazil (0.7K tons)
- China (0.6K tons)
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