Price for Dyes; Pigments and Preparations Based Thereon in Singapore - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Singapore (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Singapore (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Singapore
- Exports of Dyes; Pigments and Preparations Based Thereon in Singapore
Price for Dyes; Pigments and Preparations Based Thereon in Singapore (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $15,794 per ton in 2022, picking up by 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($35,204 per ton), while the price for Portugal ($4,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+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 Singapore (FOB) - 2022
In 2022, the average export price for dyes; pigments and preparations based therea amounted to $14,504 per ton, growing by 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2018 an increase of 14% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($19,514 per ton), while the average price for exports to Pakistan ($8,982 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 Malaysia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Singapore
Imports of dyes; pigments and preparations based therea into Singapore dropped rapidly to 3K tons in 2022, waning by -29.4% compared with 2021. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 14%.
In value terms, imports of dyes; pigments and preparations based therea shrank markedly to $48M in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year.
| Import of Dyes; Pigments and Preparations Based Thereon in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.3 | 13.8 | 16.0 | 11.4 | -16.1% |
| Japan | 15.1 | 14.3 | 16.2 | 10.5 | -11.4% |
| China | 10.1 | 9.0 | 13.0 | 10.0 | -0.3% |
| India | 6.2 | 4.9 | 6.6 | 6.0 | -1.1% |
| United States | 4.1 | 2.3 | 3.7 | 4.9 | 6.1% |
| Malaysia | 0.8 | 1.1 | 1.6 | 1.3 | 17.6% |
| Spain | 0.9 | 0.6 | 0.5 | 0.5 | -17.8% |
| Indonesia | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
| Portugal | 2.0 | 1.9 | N/A | N/A | -5.0% |
| Others | 6.3 | 2.6 | 5.8 | 2.9 | -22.8% |
| Total | 65.1 | 50.7 | 63.6 | 47.9 | -9.7% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Singapore in 2022:
- China (889.4 tons)
- India (635.3 tons)
- Japan (515.8 tons)
- Germany (402.2 tons)
- Malaysia (156.5 tons)
- United States (140.4 tons)
- Spain (56.0 tons)
- Indonesia (50.4 tons)
- Portugal (0.5 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Singapore
In 2022, approx. 3K tons of dyes; pigments and preparations based therea were exported from Singapore; waning by -26.7% against the year before. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.5% against the previous year.
In value terms, exports of dyes; pigments and preparations based therea contracted markedly to $44M in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 8.1%.
| Export of Dyes; Pigments and Preparations Based Thereon in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 20.9 | 17.0 | 18.4 | 12.5 | -15.7% |
| Malaysia | 9.5 | 9.1 | 7.9 | 8.1 | -5.2% |
| Thailand | 11.4 | 8.9 | 10.2 | 6.1 | -18.8% |
| China | 3.2 | 3.6 | 4.9 | 3.6 | 4.0% |
| Vietnam | 2.4 | 2.3 | 2.7 | 3.4 | 12.3% |
| Bangladesh | 4.7 | 3.4 | 4.1 | 3.0 | -13.9% |
| Pakistan | 2.7 | 2.9 | 2.4 | 1.9 | -11.1% |
| Others | 10.2 | 6.4 | 7.2 | 5.1 | -20.6% |
| Total | 65.1 | 53.6 | 57.9 | 43.7 | -12.4% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Singapore in 2022:
- Indonesia (783.1 tons)
- Malaysia (499.9 tons)
- China (376.5 tons)
- Bangladesh (327.7 tons)
- Thailand (326.5 tons)
- Pakistan (206.4 tons)
- Vietnam (171.7 tons)
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