Price for Dyes; Reactive Dyes and Preparations Based Thereon in Thailand - 2024
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (FOB) - 2024
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (CIF) - 2024
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (FOB) - 2024
In January 2024, the average export price for dyes; reactive dyes and preparations based therea amounted to $11,165 per ton, growing by 6.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 12% against the previous month. The export price peaked in January 2024.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the Netherlands ($13,644 per ton), while the average price for exports to Indonesia ($7,181 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (CIF) - 2024
In January 2024, the average import price for dyes; reactive dyes and preparations based therea amounted to $6,722 per ton, picking up by 40% against the previous month. Overall, the import price, however, recorded a mild downturn. The import price peaked at $7,819 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($11,826 per ton), while the price for India ($5,655 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand
In 2022, exports of dyes; reactive dyes and preparations based therea from Thailand declined sharply to 9.8K tons, dropping by -26.4% against the year before. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports reached the peak of 13K tons, and then contracted markedly in the following year.
In value terms, exports of dyes; reactive dyes and preparations based therea dropped to $101M in 2022. Over the period under review, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $114M, and then contracted in the following year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.7 | 25.1 | 41.6 | 37.7 | 4.9% |
| Singapore | 18.7 | 14.6 | 15.8 | 13.2 | -11.0% |
| India | 18.4 | 10.6 | 14.6 | 10.5 | -17.1% |
| Netherlands | 6.2 | 5.2 | 8.0 | 9.7 | 16.1% |
| Turkey | 4.6 | 3.7 | 4.6 | 5.8 | 8.0% |
| Bangladesh | 7.9 | 6.0 | 5.5 | 5.4 | -11.9% |
| Indonesia | 5.8 | 4.6 | 5.5 | 4.3 | -9.5% |
| Pakistan | 0.8 | 2.4 | 3.6 | 1.8 | 31.0% |
| Others | 15.0 | 11.1 | 15.1 | 12.6 | -5.6% |
| Total | 110 | 83.3 | 114 | 101 | -2.8% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Thailand in 2022:
- China (2.7K tons)
- Singapore (1.4K tons)
- India (1.1K tons)
- Netherlands (0.9K tons)
- Bangladesh (0.9K tons)
- Indonesia (0.6K tons)
- Turkey (0.5K tons)
- Pakistan (0.4K tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand
After three years of growth, supplies from abroad of dyes; reactive dyes and preparations based therea decreased by -14.4% to 6.2K tons in 2022. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 7.3K tons, and then contracted in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea declined modestly to $44M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of $46M, and then dropped slightly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 26.8 | 21.6 | 30.2 | 29.3 | 3.0% |
| China | 12.1 | 11.5 | 11.2 | 10.3 | -5.2% |
| Taiwan (Chinese) | 1.4 | 1.2 | 2.2 | 2.2 | 16.3% |
| South Korea | 1.0 | 1.0 | 0.7 | 0.9 | -3.5% |
| Others | 1.8 | 1.0 | 1.4 | 1.3 | -10.3% |
| Total | 43.1 | 36.4 | 45.8 | 43.9 | 0.6% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Thailand in 2022:
- India (4.7K tons)
- China (1.0K tons)
- Taiwan (Chinese) (0.2K tons)
- South Korea (0.1K tons)
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