Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh - 2022
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $4,949 per ton, shrinking by -8.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 35%. As a result, import price reached the peak level of $6,776 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($11,545 per ton), while the price for India ($3,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (FOB) - 2022
The average export price for dyes; reactive dyes and preparations based therea stood at $3,667 per ton in 2022, waning by -10.3% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dyes; reactive dyes and preparations based therea decreased by -51.3% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75% against the previous year. The export price peaked at $7,526 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($4,391 per ton) and Pakistan ($3,629 per ton), while the average price for exports to India ($3,502 per ton) and Sri Lanka ($3,601 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.7%), while the prices for the other major destinations experienced a decline.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh
In 2022, supplies from abroad of dyes; reactive dyes and preparations based therea decreased by -14.6% to 68K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 80K tons, and then dropped in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank rapidly to $336M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports reached the peak of $430M, and then contracted significantly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 110 | 102 | 179 | 144 | 9.4% |
| Singapore | 76.2 | 68.7 | 133 | 97.6 | 8.6% |
| South Korea | 26.7 | 25.9 | 46.6 | 36.0 | 10.5% |
| China | 28.0 | 25.0 | 37.7 | 34.2 | 6.9% |
| Taiwan (Chinese) | 7.3 | 6.0 | 10.8 | 7.9 | 2.7% |
| Thailand | 7.9 | 6.1 | 7.3 | 5.8 | -9.8% |
| Indonesia | 5.3 | 3.4 | 7.0 | 4.6 | -4.6% |
| Others | 6.0 | 4.6 | 8.5 | 5.9 | -0.6% |
| Total | 267 | 242 | 430 | 336 | 8.0% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Bangladesh in 2022:
- India (43.4K tons)
- Singapore (8.5K tons)
- China (6.9K tons)
- South Korea (5.1K tons)
- Taiwan (Chinese) (1.3K tons)
- Thailand (1.0K tons)
- Indonesia (0.8K tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in shipments abroad of dyes; reactive dyes and preparations based therea, which increased by 7.6% to 119 tons in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,173% 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; reactive dyes and preparations based therea fell modestly to $436K in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 877%.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.3 | 41.8 | 90.9 | 266 | 860.7% |
| Malaysia | 13.5 | 20.8 | 27.8 | 81.2 | 81.9% |
| Pakistan | 29.0 | 358 | 329 | 71.1 | 34.8% |
| Sri Lanka | 0.1 | N/A | 3.6 | 17.6 | 460.4% |
| Others | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Total | 43.0 | 420 | 451 | 436 | 116.4% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Bangladesh in 2022:
- India (75.9 tons)
- Pakistan (19.6 tons)
- Malaysia (18.5 tons)
- Sri Lanka (4.9 tons)
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