Price for Dyes; Pigments and Preparations Based Thereon in Paraguay - 2024

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Paraguay (CIF) - 2024
  2. Price for Dyes; Pigments and Preparations Based Thereon in Paraguay (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Paraguay
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Paraguay

Price for Dyes; Pigments and Preparations Based Thereon in Paraguay (CIF) - 2024

The average import price for dyes; pigments and preparations based therea stood at $5,182 per ton in January 2024, shrinking by -4.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 37% against the previous month. Over the period under review, average import prices attained the peak figure at $6,686 per ton in September 2023; however, from October 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 China ($15,804 per ton), while the price for Pakistan ($2,221 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 Brazil (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Paraguay (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $4,168 per ton, rising by 11% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 714% against the previous year. As a result, the export price attained the peak level of $11,728 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2016 to 2022, the rate of growth in terms of prices for Brazil amounted to +19.4% per year.

Imports of Dyes; Pigments and Preparations Based Thereon in Paraguay

In 2022, overseas purchases of dyes; pigments and preparations based therea decreased by -4.3% to 881 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of dyes; pigments and preparations based therea expanded remarkably to $5.4M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dyes; Pigments and Preparations Based Thereon in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.42.01.72.0-5.9%
India0.91.31.61.210.1%
China0.90.40.90.90.0%
Hong Kong SARN/A0.3N/A0.641.4%
Argentina0.30.20.30.30.0%
Others0.10.30.20.226.0%
Total4.84.64.85.44.0%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Paraguay in 2022:

  1. Brazil (399.9 tons)
  2. India (238.5 tons)
  3. China (109.5 tons)
  4. Hong Kong SAR (73.1 tons)
  5. Argentina (46.5 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Paraguay

In 2022, approx. 344 tons of dyes; pigments and preparations based therea were exported from Paraguay; picking up by 39% on the year before. In general, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +24.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of dyes; pigments and preparations based therea soared to $1.4M in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 97%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Dyes; Pigments and Preparations Based Thereon in Paraguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Brazil4699141,43074.6%
OthersN/A11.32.4-78.8%
Total4699261,43274.7%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Paraguay in 2022:

  1. Brazil (343.4 tons)

Source: IndexBox Market Intelligence Platform

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