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

Contents:

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

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

The average import price for dyes; pigments and preparations based therea stood at $4,226 per ton in November 2023, declining by -5.2% against the previous month. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% against the previous month. The import price peaked at $6,016 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($21,836 per ton), while the price for Turkey ($3,605 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 India (+11.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $3,004 per ton, increasing by 12% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,606 per ton), while the average price for exports to Afghanistan ($535 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+17.4%).

Imports of Dyes; Pigments and Preparations Based Thereon in Uzbekistan

In 2022, approx. 1.2K tons of dyes; pigments and preparations based therea were imported into Uzbekistan; dropping by -12.9% compared with the previous year's figure. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.3%.

In value terms, imports of dyes; pigments and preparations based therea shrank modestly to $6.3M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of $6.5M, and then declined modestly in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.83.33.93.0-7.6%
China0.90.50.91.313.0%
India0.20.40.61.071.0%
Russia0.40.50.40.57.7%
South Korea0.20.40.20.1-20.6%
Others0.30.30.40.410.1%
Total5.85.46.56.32.8%

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

  1. Turkey (708.4 tons)
  2. China (227.0 tons)
  3. India (125.4 tons)
  4. Russia (64.1 tons)
  5. South Korea (29.3 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Uzbekistan

For the third year in a row, Uzbekistan recorded growth in overseas shipments of dyes; pigments and preparations based therea, which increased by 46% to 7.6 tons in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 520%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of dyes; pigments and preparations based therea soared to $23K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 936%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Dyes; Pigments and Preparations Based Thereon in Uzbekistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
KazakhstanN/AN/A13.80%
ChinaN/AN/A6.60%
TurkmenistanN/AN/A2.20%
AfghanistanN/AN/A0.30%
South Africa1.0N/AN/A0%
Turkey0.414.0N/A3400.0%
OthersN/AN/AN/A0%
Total1.314.022.9319.7%

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

  1. Kazakhstan (5.0 tons)
  2. China (1.0 tons)
  3. Turkmenistan (1.0 tons)
  4. Afghanistan (0.6 tons)

Source: IndexBox Market Intelligence Platform

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