Price for Dyes; Reactive Dyes and Preparations Based Thereon in Italy - 2023

Contents:

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

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

In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $7,752 per ton, falling by -7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, average import prices reached the maximum at $8,840 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($9,262 per ton), while the price for Hungary ($2,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Italy (FOB) - 2023

In November 2023, the average export price for dyes; reactive dyes and preparations based therea amounted to $11,119 per ton, reducing by -13.8% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 23% month-to-month. As a result, the export price reached the peak level of $13,578 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($30,504 per ton), while the average price for exports to Romania ($4,541 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Italy expanded rapidly to 5K tons, growing by 9.1% compared with the year before. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of dyes; reactive dyes and preparations based therea reached $39M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.27.09.611.57.7%
India7.34.67.411.215.3%
Taiwan (Chinese)4.73.95.65.55.4%
United KingdomN/AN/A4.03.4-15.0%
Austria1.21.01.51.814.5%
Hungary1.82.42.51.7-1.9%
Belgium0.80.50.50.5-14.5%
Others2.82.47.53.57.7%
Total28.021.938.639.111.8%

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

  1. India (1498.8 tons)
  2. Germany (1257.6 tons)
  3. Taiwan (Chinese) (763.4 tons)
  4. Hungary (561.2 tons)
  5. United Kingdom (390.0 tons)
  6. Austria (193.6 tons)
  7. Belgium (144.0 tons)

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

In 2022, exports of dyes; reactive dyes and preparations based therea from Italy fell remarkably to 988 tons, reducing by -18.6% compared with the previous year. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then contracted markedly in the following year.

In value terms, exports of dyes; reactive dyes and preparations based therea reduced sharply to $11M in 2022. Overall, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 134% against the previous year. As a result, the exports attained the peak of $15M, and then declined notably in the following year.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia1,2719881,3991,6899.9%
Poland7219441,7391,36023.6%
Czech Republic8304846171,28415.7%
Turkey3721971,05895837.1%
Bulgaria688592548552-7.1%
France77.420461253790.7%
Portugal20422052545730.8%
Egypt24815428245422.3%
Germany30733738741210.3%
Romania2882364573678.4%
India64.517748229966.7%
Serbia17219419325413.9%
Pakistan15.078.03,03118.47.0%
Others1,3611,5043,4562,10215.6%
Total6,6196,31014,78410,74417.5%

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

  1. Tunisia (138.6 tons)
  2. Poland (127.2 tons)
  3. Czech Republic (96.2 tons)
  4. Turkey (81.3 tons)
  5. France (78.3 tons)
  6. Bulgaria (72.3 tons)
  7. Germany (53.3 tons)
  8. Portugal (38.0 tons)
  9. Serbia (36.8 tons)
  10. Romania (36.7 tons)
  11. Egypt (28.4 tons)
  12. India (27.5 tons)
  13. Pakistan (1.4 tons)

Source: IndexBox Market Intelligence Platform

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