Price for Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela - 2022
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela (CIF) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela (CIF) - 2022
The average import price for dyes; reactive dyes and preparations based therea stood at $9,832 per ton in 2022, declining by -16.5% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dyes; reactive dyes and preparations based therea increased by +89.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. As a result, import price reached the peak level of $11,780 per ton, and then declined markedly in the following year.
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 Spain ($19,096 per ton), while the price for India ($4,663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Venezuela declined rapidly to 41 tons, with a decrease of -32.5% on 2021 figures. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 377% against the previous year. As a result, imports reached the peak of 61 tons, and then contracted rapidly in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank rapidly to $403K in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 692% against the previous year. As a result, imports reached the peak of $715K, and then fell significantly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 167 | 101 | -39.5% |
| Taiwan (Chinese) | N/A | 11.6 | 15.9 | 48.0 | 103.4% |
| United States | 37.9 | 13.4 | 101 | 42.0 | 3.5% |
| China | 24.2 | N/A | 47.1 | 35.6 | 13.7% |
| India | N/A | N/A | 7.1 | 33.7 | 374.6% |
| Switzerland | 22.7 | 59.6 | 203 | 27.6 | 6.7% |
| Peru | N/A | N/A | N/A | 12.4 | 0% |
| Panama | 21.4 | 5.7 | N/A | N/A | -73.4% |
| Others | 1.5 | N/A | 173 | 102 | 308.2% |
| Total | 108 | 90.3 | 715 | 403 | 55.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Venezuela in 2022:
- Taiwan (Chinese) (7.8 tons)
- India (7.2 tons)
- United States (5.5 tons)
- Spain (5.3 tons)
- China (5.0 tons)
- Switzerland (3.6 tons)
- Peru (1.2 tons)
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