Price for Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates
- Exports of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates
Price for Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $8,148 per ton, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2018 an increase of 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,144 per ton), while the price for Saudi Arabia ($2,868 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $3,913 per ton in 2022, which is down by -27.2% against the previous year. In general, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. As a result, the export price attained the peak level of $5,652 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($9,098 per ton), while the average price for exports to Iraq ($2,354 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 Jordan (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of dyes; pigments and preparations based therea, when their volume decreased by -45.9% to 4.3K tons. Over the period under review, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports reached the peak of 7.9K tons, and then contracted rapidly in the following year.
In value terms, imports of dyes; pigments and preparations based therea declined sharply to $35M in 2022. Overall, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of $59M, and then shrank rapidly in the following year.
Import of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 13.9 | 17.0 | 26.2 | 15.5 | 3.7% |
China | 4.0 | 7.7 | 13.9 | 6.5 | 17.6% |
Germany | 2.7 | 2.4 | 2.2 | 3.9 | 13.0% |
United States | 1.2 | 1.6 | 1.5 | 1.3 | 2.7% |
Spain | 0.9 | 0.6 | 0.8 | 1.1 | 6.9% |
Turkey | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
United Kingdom | 0.7 | 0.6 | 0.9 | 0.6 | -5.0% |
Norway | 1.5 | 0.9 | 1.3 | 0.6 | -26.3% |
South Korea | 1.8 | 2.1 | 1.6 | 0.4 | -39.4% |
Others | 10.0 | 8.1 | 9.6 | 4.2 | -25.1% |
Total | 36.8 | 41.3 | 58.6 | 34.9 | -1.8% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to the United Arab Emirates in 2022:
- India (2089.5 tons)
- China (870.9 tons)
- Germany (280.7 tons)
- Spain (271.4 tons)
- United States (122.7 tons)
- Turkey (107.5 tons)
- United Kingdom (77.8 tons)
- Norway (65.7 tons)
- South Korea (32.6 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates
In 2022, exports of dyes; pigments and preparations based therea from the United Arab Emirates surged to 5K tons, growing by 89% against the previous year. In general, exports, however, showed a drastic downturn.
In value terms, exports of dyes; pigments and preparations based therea soared to $20M in 2022. Over the period under review, exports, however, recorded a deep downturn.
Export of Dyes; Pigments and Preparations Based Thereon in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | N/A | N/A | N/A | 4.9 | 0% |
Pakistan | 0.1 | 0.4 | 0.7 | 2.1 | 175.9% |
Egypt | 0.7 | 0.4 | 0.7 | 1.8 | 37.0% |
Oman | 1.8 | 2.1 | 1.8 | 1.6 | -3.9% |
Bahrain | 0.7 | 1.0 | 0.9 | 1.3 | 22.9% |
Azerbaijan | N/A | N/A | N/A | 1.3 | 0% |
Algeria | N/A | N/A | N/A | 0.9 | 0% |
Jordan | N/A | N/A | 0.2 | 0.9 | 350.0% |
Tanzania | 0.6 | 0.4 | 0.4 | 0.7 | 5.3% |
Kuwait | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
Tunisia | 0.3 | N/A | 0.4 | 0.4 | 10.1% |
Cote d'Ivoire | N/A | 0.3 | 0.4 | 0.3 | 0.0% |
Saudi Arabia | 11.7 | 0.8 | 0.1 | 0.1 | -79.6% |
Others | 10.3 | 8.3 | 8.3 | 2.5 | -37.6% |
Total | 26.8 | 14.1 | 14.2 | 19.6 | -9.9% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from the United Arab Emirates in 2022:
- Iraq (2098.5 tons)
- Egypt (399.9 tons)
- Pakistan (328.7 tons)
- Oman (292.4 tons)
- Bahrain (276.4 tons)
- Algeria (214.8 tons)
- Jordan (209.8 tons)
- Kuwait (170.5 tons)
- Tanzania (151.1 tons)
- Azerbaijan (137.5 tons)
- Tunisia (130.2 tons)
- Cote d'Ivoire (90.6 tons)
- Saudi Arabia (21.6 tons)
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