Price for Dyes; Reactive Dyes and Preparations Based Thereon in Canada - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Canada (CIF) - 2023
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Canada (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Canada
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Canada
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Canada (CIF) - 2023
The average import price for dyes; reactive dyes and preparations based therea stood at $33,606 per ton in December 2023, jumping by 133% against the previous month. In general, the import price posted a significant increase. The pace of growth appeared the most rapid in September 2023 an increase of 416% m-o-m. Over the period under review, average import prices hit record highs in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($35,674 per ton), while the price for Indonesia ($12,469 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 the United States (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Canada (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $25,727 per ton, with an increase of 10% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 increased by +45.4% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 33% 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.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($27,624 per ton), while the average price for exports to Bangladesh totaled $13,524 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Canada
For the third consecutive year, Canada recorded decline in supplies from abroad of dyes; reactive dyes and preparations based therea, which decreased by -19.4% to 742 tons in 2022. In general, imports showed a sharp decline. The smallest decline of -15.4% was in 2021.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank to $3.2M in 2022. Over the period under review, imports recorded a dramatic contraction.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 4.8 | 2.2 | 1.8 | -52.4% |
| India | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| China | 0.2 | 0.5 | 0.8 | 0.6 | 44.2% |
| Others | 0.4 | 0.1 | 0.1 | N/A | -50.0% |
| Total | 18.0 | 5.9 | 3.8 | 3.2 | -43.8% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Canada in 2022:
- United States (487.7 tons)
- China (131.3 tons)
- India (120.3 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Canada
For the third consecutive year, Canada recorded decline in overseas shipments of dyes; reactive dyes and preparations based therea, which decreased by -28.8% to 4.4 tons in 2022. Over the period under review, exports recorded a dramatic contraction.
In value terms, exports of dyes; reactive dyes and preparations based therea declined notably to $113K in 2022. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of -16.2% was in 2021.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 197 | 160 | 135 | 105 | -18.9% |
| Bangladesh | 16.0 | N/A | N/A | 7.8 | -21.3% |
| Belgium | 0.2 | 0.1 | 9.9 | N/A | 603.6% |
| Honduras | 192 | N/A | N/A | N/A | 0% |
| Others | 4.9 | 12.7 | N/A | 0.2 | -65.6% |
| Total | 410 | 173 | 145 | 113 | -34.9% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Canada in 2022:
- United States (3.8 tons)
- Bangladesh (0.6 tons)
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