Price for Dyes; Reactive Dyes and Preparations Based Thereon in Belarus - 2022

Contents:

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

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Belarus (CIF) - 2022

The average import price for dyes; reactive dyes and preparations based therea stood at $13,353 per ton in 2022, picking up by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The import price peaked at $13,727 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($39,431 per ton), while the price for India ($9,111 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Belarus (FOB) - 2022

In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $14,764 per ton, growing by 19% against the previous year. Overall, the export price showed a perceptible expansion. The growth pace was the most rapid in 2015 an increase of 52% against the previous year. Over the period under review, the average export prices attained the maximum at $22,421 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.6% per year.

Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Belarus

In 2022, imports of dyes; reactive dyes and preparations based therea into Belarus declined slightly to 137 tons, approximately equating 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 7.5% against the previous year. As a result, imports attained the peak of 138 tons, and then fell modestly in the following year.

In value terms, imports of dyes; reactive dyes and preparations based therea skyrocketed to $1.8M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India49645658766710.4%
Switzerland3973953654312.8%
Russia3813393323921.0%
Thailand263141164212-6.9%
Indonesia49.022.323.735.4-10.3%
Others11280.860.589.3-7.3%
Total1,6971,4341,5321,8262.5%

Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Belarus in 2022:

  1. India (73.2 tons)
  2. Russia (25.1 tons)
  3. Switzerland (24.6 tons)
  4. Thailand (8.5 tons)
  5. Indonesia (3.5 tons)

Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Belarus

For the third year in a row, Belarus recorded decline in overseas shipments of dyes; reactive dyes and preparations based therea, which decreased by -89.7% to 457 kg in 2022. Over the period under review, exports recorded a sharp decline. The smallest decline of -4.7% was in 2021.

In value terms, exports of dyes; reactive dyes and preparations based therea fell rapidly to $6.7K in 2022. In general, exports saw a dramatic descent. The smallest decline of -17.1% was in 2021.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11965.953.06.7-61.7%
UkraineN/AN/A2.1N/A0%
OthersN/A0.6N/AN/A0%
Total11966.555.16.7-61.7%

Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Belarus in 2022:

  1. Russia (457.0 kg)

Source: IndexBox Market Intelligence Platform

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