Price for Dyes; Pigments and Preparations Based Thereon in Canada - 2024
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Canada (CIF) - 2024
- Price for Dyes; Pigments and Preparations Based Thereon in Canada (FOB) - 2024
- Imports of Dyes; Pigments and Preparations Based Thereon in Canada
- Exports of Dyes; Pigments and Preparations Based Thereon in Canada
Price for Dyes; Pigments and Preparations Based Thereon in Canada (CIF) - 2024
In January 2024, the average import price for dyes; pigments and preparations based therea amounted to $13,693 per ton, rising by 29% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $15,124 per ton in April 2023; however, from May 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($26,750 per ton), while the price for the United States ($10,159 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 Mexico (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Canada (FOB) - 2024
The average export price for dyes; pigments and preparations based therea stood at $13,504 per ton in January 2024, shrinking by -7.7% against the previous month. In general, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices attained the peak figure at $16,151 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to -1.5% per month.
Imports of Dyes; Pigments and Preparations Based Thereon in Canada
In 2022, purchases abroad of dyes; pigments and preparations based therea decreased by -3.3% to 8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of 8.2K tons, and then dropped in the following year.
In value terms, imports of dyes; pigments and preparations based therea amounted to $92M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Dyes; Pigments and Preparations Based Thereon in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.9 | 35.7 | 37.2 | 41.4 | 2.1% |
| China | 14.4 | 15.3 | 17.1 | 19.4 | 10.4% |
| Germany | 9.6 | 9.9 | 10.6 | 12.2 | 8.3% |
| India | 7.2 | 6.6 | 10.7 | 11.0 | 15.2% |
| Mexico | 1.9 | 1.7 | 2.4 | 3.1 | 17.7% |
| South Korea | 1.7 | 2.2 | 2.1 | 1.9 | 3.8% |
| Others | 3.5 | 4.3 | 5.1 | 3.2 | -2.9% |
| Total | 77.2 | 75.7 | 85.0 | 92.1 | 6.1% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Canada in 2022:
- United States (4.9K tons)
- China (1.4K tons)
- India (0.7K tons)
- Germany (0.5K tons)
- Mexico (0.3K tons)
- South Korea (0.1K tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Canada
In 2022, shipments abroad of dyes; pigments and preparations based therea decreased by -6.7% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 8.9% against the previous year. As a result, the exports reached the peak of 3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of dyes; pigments and preparations based therea reached $34M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 4.6% against the previous year. As a result, the exports reached the peak of $34M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Dyes; Pigments and Preparations Based Thereon in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.8 | 34.2 | 32.5 | 34.2 | 1.4% |
| Others | 0.1 | 0.3 | 0.2 | N/A | 41.4% |
| Total | 32.9 | 34.4 | 32.8 | 34.2 | 1.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Canada in 2022:
- United States (2.6K tons)
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