Price for Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia - 2024
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (FOB) - 2024
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (CIF) - 2022
The average import price for dyes; reactive dyes and preparations based therea stood at $4,444 per ton in 2022, which is down by -31% against the previous year. Overall, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 48%. Over the period under review, average import prices hit record highs at $8,706 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Thailand ($18,642 per ton), while the price for India ($3,292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (FOB) - 2024
In January 2024, the average export price for dyes; reactive dyes and preparations based therea amounted to $3,919 per ton, with an increase of 24% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +3.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Singapore ($14,113 per ton), while the average price for exports to Pakistan totaled $3,378 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Malaysia surged to 3.9K tons, rising by 21% against the previous year. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank markedly to $17M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +47.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 77%. As a result, imports attained the peak of $21M, and then declined markedly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.7 | 2.4 | 6.6 | 8.4 | 31.4% |
| South Korea | 5.5 | 4.6 | 6.0 | 4.5 | -6.5% |
| China | 3.5 | 3.5 | 6.6 | 3.1 | -4.0% |
| Indonesia | 0.2 | 0.4 | 0.7 | 0.4 | 26.0% |
| Others | 1.0 | 0.8 | 0.7 | 0.9 | -3.5% |
| Total | 13.9 | 11.6 | 20.6 | 17.2 | 7.4% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Malaysia in 2022:
- India (2540.4 tons)
- South Korea (683.3 tons)
- China (413.2 tons)
- Indonesia (124.3 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of dyes; reactive dyes and preparations based therea, which increased by 175% to 1.4K tons in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of dyes; reactive dyes and preparations based therea soared to $8.2M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | 0.6 | 1.8 | 7.7 | 258.2% |
| Bangladesh | 1.7 | 1.2 | 1.0 | 0.4 | -38.3% |
| Vietnam | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Total | 2.0 | 2.0 | 3.0 | 8.2 | 60.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Malaysia in 2022:
- Pakistan (1354.4 tons)
- Bangladesh (71.9 tons)
- Vietnam (1.8 tons)
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