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

Contents:

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

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

In December 2023, the average import price for dyes; pigments and preparations based therea amounted to $6,749 per ton, with an increase of 38% against the previous month. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $7,978 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($20,169 per ton), while the price for Romania ($2,219 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 Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $12,736 per ton, growing by 65% against the previous year. Overall, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($20,298 per ton), while the average price for exports to Belarus ($4,550 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 Uzbekistan (+142.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Ukraine

In 2022, overseas purchases of dyes; pigments and preparations based therea decreased by -45.7% to 821 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 14%.

In value terms, imports of dyes; pigments and preparations based therea fell rapidly to $6.5M in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports attained the peak of $12M, and then plummeted in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,7073,0553,0852,231-6.2%
India1,1471,6321,8931,3485.5%
Germany7659111,282585-8.6%
Poland350476688322-2.7%
Russia1,1621,0071,428303-36.1%
Denmark15330450727822.0%
Italy501398689254-20.3%
Belgium471421488128-35.2%
Romania29.225.547.112160.6%
Netherlands262258307117-23.6%
Mexico21.127649888.661.3%
Israel14913912085.8-16.8%
Turkey99.411685.561.2-14.9%
Others602789752594-0.4%
Total8,4189,80611,8716,517-8.2%

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

  1. China (229.8 tons)
  2. India (149.1 tons)
  3. Poland (76.6 tons)
  4. Italy (56.0 tons)
  5. Germany (52.9 tons)
  6. Romania (47.4 tons)
  7. Denmark (42.1 tons)
  8. Turkey (38.1 tons)
  9. Russia (37.6 tons)
  10. Israel (13.9 tons)
  11. Mexico (10.2 tons)
  12. Netherlands (9.4 tons)
  13. Belgium (4.0 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Ukraine

In 2022, shipments abroad of dyes; pigments and preparations based therea decreased by -76.6% to 24 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of 108 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 contracted markedly to $305K in 2022. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of 44%. As a result, the exports reached the peak of $816K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Dyes; Pigments and Preparations Based Thereon in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland95.91441341115.0%
Moldova60.875.253.856.1-2.6%
Russia21230624145.1-40.3%
UzbekistanN/A5.416.730.9139.2%
Belarus18126331620.7-51.5%
SlovakiaN/AN/AN/A9.30%
Serbia1.87.810.16.956.5%
Others14.915.318.925.119.0%
Total566816791305-18.6%

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

  1. Poland (5.5 tons)
  2. Belarus (4.5 tons)
  3. Russia (4.2 tons)
  4. Moldova (4.0 tons)
  5. Uzbekistan (2.6 tons)
  6. Serbia (1.5 tons)
  7. Slovakia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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