Price for Dyes; Pigments and Preparations Based Thereon in Serbia - 2024
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Serbia (CIF) - 2024
- Price for Dyes; Pigments and Preparations Based Thereon in Serbia (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Serbia
- Exports of Dyes; Pigments and Preparations Based Thereon in Serbia
Price for Dyes; Pigments and Preparations Based Thereon in Serbia (CIF) - 2024
The average import price for dyes; pigments and preparations based therea stood at $7,804 per ton in January 2024, which is down by -16.4% against the previous month. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 60% m-o-m. As a result, import price reached the peak level of $14,158 per ton. From September 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($22,000 per ton), while the price for Romania ($2,458 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 Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Serbia (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $8,052 per ton in 2022, shrinking by -30.2% against the previous year. Over the period under review, the export price, however, posted a mild expansion. The growth pace was the most rapid in 2014 when the average export price increased by 100%. As a result, the export price attained the peak level of $13,674 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($16,375 per ton), while the average price for exports to Slovenia ($1,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Serbia
In 2022, supplies from abroad of dyes; pigments and preparations based therea decreased by -13% to 449 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 +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of 517 tons, and then fell in the following year.
In value terms, imports of dyes; pigments and preparations based therea fell to $4.7M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $5M, and then fell in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 584 | 547 | 1,091 | 1,256 | 29.1% |
| India | 272 | 626 | 717 | 652 | 33.8% |
| China | 401 | 410 | 411 | 420 | 1.6% |
| Italy | 414 | 372 | 491 | 399 | -1.2% |
| Greece | 341 | 368 | 297 | 340 | -0.1% |
| Hungary | 262 | 196 | 154 | 213 | -6.7% |
| Spain | 106 | 118 | 197 | 160 | 14.7% |
| Turkey | 31.8 | 30.5 | 9.9 | 142 | 64.7% |
| Romania | 59.7 | 110 | 78.2 | 128 | 28.9% |
| United Kingdom | 140 | 38.5 | 39.2 | 128 | -2.9% |
| Belgium | 93.3 | 63.2 | 97.7 | 123 | 9.6% |
| France | 0.1 | 2.9 | 100 | 103 | 909.9% |
| Israel | 0.3 | 0.4 | 0.9 | 102 | 598.0% |
| Others | 879 | 810 | 1,331 | 497 | -17.3% |
| Total | 3,585 | 3,692 | 5,015 | 4,664 | 9.2% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Serbia in 2022:
- India (58.8 tons)
- Italy (54.1 tons)
- Germany (46.8 tons)
- Romania (46.3 tons)
- Greece (45.2 tons)
- China (45.0 tons)
- Spain (24.0 tons)
- Belgium (20.3 tons)
- United Kingdom (18.3 tons)
- Hungary (15.2 tons)
- Israel (13.6 tons)
- Turkey (12.6 tons)
- France (10.8 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Serbia
In 2022, the amount of dyes; pigments and preparations based therea exported from Serbia skyrocketed to 112 tons, with an increase of 184% against the previous year's figure. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of dyes; pigments and preparations based therea skyrocketed to $903K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Dyes; Pigments and Preparations Based Thereon in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 472 | 0% |
| Bosnia and Herzegovina | 137 | 87.1 | 90.3 | 120 | -4.3% |
| Romania | 6.3 | 33.8 | 1.3 | 95.6 | 147.6% |
| North Macedonia | 63.4 | 55.1 | 145 | 74.1 | 5.3% |
| Belarus | N/A | N/A | N/A | 40.1 | 0% |
| Croatia | 20.3 | 29.0 | 27.6 | 18.0 | -3.9% |
| Germany | N/A | 46.4 | 75.7 | 10.6 | -52.2% |
| Slovenia | 6.8 | 35.0 | 14.1 | 2.8 | -25.6% |
| Others | 53.8 | 53.0 | 101 | 69.7 | 9.0% |
| Total | 288 | 339 | 456 | 903 | 46.4% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Serbia in 2022:
- Russia (58.5 tons)
- Romania (23.5 tons)
- Bosnia and Herzegovina (14.3 tons)
- North Macedonia (5.1 tons)
- Belarus (2.4 tons)
- Slovenia (2.1 tons)
- Croatia (1.3 tons)
- Germany (0.6 tons)
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