Price for Dyes; Reactive Dyes and Preparations Based Thereon in Singapore - 2022
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (FOB) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (CIF) - 2022
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (FOB) - 2022
The average export price for dyes; reactive dyes and preparations based therea stood at $16,387 per ton in September 2022, shrinking by -1.8% against the previous month. In general, export price indicated a temperate increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for dyes; reactive dyes and preparations based therea increased by +2.5% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 41% month-to-month. The export price peaked at $19,922 per ton in June 2022; however, from July 2022 to September 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($43,095 per ton), while the average price for exports to Mexico ($11,444 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (CIF) - 2022
In September 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $11,047 per ton, growing by 1.7% against the previous month. In general, import price indicated pronounced growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for dyes; reactive dyes and preparations based therea increased by +22.4% against April 2022 indices. The pace of growth was the most pronounced in January 2022 an increase of 26% m-o-m. Over the period under review, average import prices hit record highs in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Indonesia ($21,810 per ton), while the price for China ($10,196 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore
In 2022, exports of dyes; reactive dyes and preparations based therea from Singapore contracted markedly to 11K tons, shrinking by -23.4% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 14K tons, and then shrank dramatically in the following year.
In value terms, exports of dyes; reactive dyes and preparations based therea reduced to $130M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports attained the peak of $143M, and then declined in the following year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 76.8 | 69.3 | 98.5 | 89.3 | 5.2% |
| Pakistan | 15.6 | 11.3 | 16.3 | 17.3 | 3.5% |
| Vietnam | 1.6 | 1.7 | 3.2 | 3.9 | 34.6% |
| Brazil | 0.9 | 1.6 | 1.6 | 3.1 | 51.0% |
| Indonesia | 4.2 | 2.2 | 5.0 | 2.5 | -15.9% |
| Others | 12.7 | 10.3 | 18.0 | 14.2 | 3.8% |
| Total | 112 | 96.3 | 143 | 130 | 5.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Singapore in 2022:
- Bangladesh (7.3K tons)
- Pakistan (1.6K tons)
- Indonesia (0.3K tons)
- Brazil (0.2K tons)
- Vietnam (0.2K tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore
In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Singapore reduced remarkably to 8.2K tons, waning by -20% against 2021. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5%.
In value terms, imports of dyes; reactive dyes and preparations based therea reduced to $59M in 2022. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 5% against the previous year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 52.7 | 31.6 | 33.0 | 35.7 | -12.2% |
| Thailand | 18.9 | 14.9 | 16.2 | 13.5 | -10.6% |
| China | 2.6 | 6.6 | 7.9 | 6.1 | 32.9% |
| Japan | 4.1 | 2.5 | 1.7 | 1.0 | -37.5% |
| Indonesia | 1.6 | 2.7 | 1.6 | 0.7 | -24.1% |
| Others | 0.8 | 1.1 | 2.0 | 1.7 | 28.6% |
| Total | 80.7 | 59.4 | 62.3 | 58.7 | -10.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Singapore in 2022:
- India (5.4K tons)
- Thailand (1.4K tons)
- China (1.0K tons)
- Indonesia (0.1K tons)
- Japan (0.1K tons)
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