Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria (CIF) - 2023
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria (CIF) - 2023
The average import price for dyes; reactive dyes and preparations based therea stood at $9,486 per ton in November 2023, approximately equating the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 37% m-o-m. As a result, import price reached the peak level of $14,417 per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($12,939 per ton), while the price for the UK ($5,234 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 Turkey (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria (FOB) - 2022
The average export price for dyes; reactive dyes and preparations based therea stood at $7,479 per ton in 2022, reducing by -26.6% against the previous year. In general, the export price showed a noticeable reduction. The growth pace was the most rapid in 2017 when the average export price increased by 153% against the previous year. The export price peaked at $16,843 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2013 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -4.9% per year.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Bulgaria skyrocketed to 221 tons, picking up by 22% on 2021. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of dyes; reactive dyes and preparations based therea surged to $2.2M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. 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 Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 452 | 513 | 495 | 731 | 17.4% |
| Germany | 470 | 591 | 610 | 692 | 13.8% |
| Italy | 689 | 628 | 538 | 562 | -6.6% |
| Slovenia | 11.9 | 47.2 | 33.8 | 58.2 | 69.7% |
| India | 23.7 | 13.8 | 8.8 | 8.8 | -28.1% |
| Others | 56.3 | 44.8 | 57.3 | 101 | 21.5% |
| Total | 1,702 | 1,838 | 1,743 | 2,153 | 8.2% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Bulgaria in 2022:
- Turkey (86.1 tons)
- Italy (72.2 tons)
- Germany (51.7 tons)
- Slovenia (3.8 tons)
- India (2.4 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria
In 2022, the amount of dyes; reactive dyes and preparations based therea exported from Bulgaria fell markedly to 2.1 tons, waning by -18.9% against the previous year's figure. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of dyes; reactive dyes and preparations based therea fell remarkably to $15K in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 31.6 | 20.0 | 26.0 | 15.1 | -21.8% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 31.6 | 20.0 | 26.0 | 15.5 | -21.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Bulgaria in 2022:
- North Macedonia (2.1 tons)
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