Price for Dyes; Pigments and Preparations Based Thereon in Norway - 2024
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Norway (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Norway (FOB) - 2024
- Imports of Dyes; Pigments and Preparations Based Thereon in Norway
- Exports of Dyes; Pigments and Preparations Based Thereon in Norway
Price for Dyes; Pigments and Preparations Based Thereon in Norway (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $7,708 per ton, waning by -6.8% against the previous year. Over the period under review, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18% against the previous year. The import price peaked at $11,727 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,064 per ton), while the price for Finland ($5,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Dyes; Pigments and Preparations Based Thereon in Norway (FOB) - 2024
The average export price for dyes; pigments and preparations based therea stood at $8,868 per ton in January 2024, with a decrease of -4.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 20% m-o-m. Over the period under review, the average export prices hit record highs at $9,494 per ton in February 2023; however, from March 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Malaysia ($17,555 per ton), while the average price for exports to Turkey ($6,168 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 Malaysia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Norway
In 2022, the amount of dyes; pigments and preparations based therea imported into Norway reduced to 2.4K tons, declining by -12.2% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +29.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of 2.8K tons, and then reduced in the following year.
In value terms, imports of dyes; pigments and preparations based therea contracted dramatically to $19M in 2022. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $23M, and then contracted markedly in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 5.4 | 6.2 | 9.1 | 7.2 | 10.1% |
| Germany | 10.7 | 6.2 | 7.4 | 5.8 | -18.5% |
| United Kingdom | 0.5 | 0.4 | 0.7 | 0.9 | 21.6% |
| Belgium | 1.1 | 0.5 | 0.9 | 0.9 | -6.5% |
| Sweden | 1.1 | 0.8 | 1.2 | 0.7 | -14.0% |
| Netherlands | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Denmark | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Others | 1.5 | 2.2 | 3.1 | 2.4 | 17.0% |
| Total | 20.6 | 16.8 | 23.0 | 18.8 | -3.0% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Norway in 2022:
- Finland (1338.4 tons)
- Germany (481.8 tons)
- United Kingdom (139.6 tons)
- Belgium (139.5 tons)
- Netherlands (94.7 tons)
- Sweden (86.9 tons)
- Denmark (52.1 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Norway
In 2022, exports of dyes; pigments and preparations based therea from Norway declined to 2K tons, waning by -8% against the previous year's figure. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of 2.2K tons, and then fell in the following year.
In value terms, exports of dyes; pigments and preparations based therea shrank sharply to $15M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of $18M, and then declined sharply in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.3 | 1.3 | 2.5 | 2.4 | 22.7% |
| Indonesia | 1.6 | 1.6 | 2.6 | 2.3 | 12.9% |
| Saudi Arabia | 1.2 | 1.1 | 1.6 | 1.8 | 14.5% |
| Vietnam | 1.0 | 0.7 | 1.7 | 1.1 | 3.2% |
| United Arab Emirates | 0.7 | 0.6 | 0.7 | 0.9 | 8.7% |
| Sweden | 0.9 | 1.1 | 1.5 | 0.9 | 0.0% |
| Malaysia | 1.3 | 1.3 | 1.7 | 0.8 | -14.9% |
| Egypt | 1.1 | 1.0 | 0.7 | 0.7 | -14.0% |
| Qatar | 0.5 | 0.6 | 0.6 | 0.7 | 11.9% |
| Thailand | 0.7 | 1.0 | 1.4 | 0.7 | 0.0% |
| Denmark | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
| Spain | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Others | 1.0 | 1.0 | 1.7 | 1.5 | 14.5% |
| Total | 11.9 | 11.8 | 17.7 | 14.7 | 7.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Norway in 2022:
- Turkey (410.7 tons)
- Indonesia (291.2 tons)
- Saudi Arabia (257.5 tons)
- Sweden (156.2 tons)
- Qatar (115.2 tons)
- Malaysia (100.3 tons)
- United Arab Emirates (99.4 tons)
- Vietnam (96.7 tons)
- Egypt (89.0 tons)
- Thailand (81.8 tons)
- Denmark (80.0 tons)
- Spain (43.0 tons)
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