Price for Dyes; Reactive Dyes and Preparations Based Thereon in Egypt - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (CIF) - 2022
The average import price for dyes; reactive dyes and preparations based therea stood at $8,304 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 54%. Over the period under review, average import prices hit record highs at $8,392 per ton in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($8,305 per ton) and India ($8,304 per ton), while the price for South Korea ($8,304 per ton) and Turkey ($8,304 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $7,029 per ton, standing approx. at the previous year. Overall, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($28,250 per ton), while the average price for exports to Turkey ($2,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+25.1%).
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt
For the third consecutive year, Egypt recorded decline in overseas purchases of dyes; reactive dyes and preparations based therea, which decreased by -11.9% to 2.5K tons in 2022. Over the period under review, imports showed a dramatic curtailment. The smallest decline of -4% was in 2021.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank to $20M in 2022. In general, imports saw a drastic downturn. The smallest decline of -1.5% was in 2021.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.6 | 8.0 | 9.0 | 9.0 | -8.1% |
| India | 9.7 | 8.3 | 7.9 | 8.4 | -4.7% |
| China | 3.7 | 2.0 | 1.9 | 1.4 | -27.7% |
| Turkey | 1.7 | 2.7 | 0.9 | 0.6 | -29.3% |
| Saudi Arabia | 0.1 | 0.7 | 0.1 | 0.4 | 58.7% |
| Others | 2.4 | 2.2 | 3.7 | 0.7 | -33.7% |
| Total | 29.2 | 23.8 | 23.5 | 20.5 | -11.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Egypt in 2022:
- South Korea (1079.1 tons)
- India (1011.0 tons)
- China (171.3 tons)
- Turkey (72.4 tons)
- Saudi Arabia (48.1 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt
In 2022, approx. 35 kg of dyes; reactive dyes and preparations based therea were exported from Egypt; therefore, remained relatively stable against the previous year's figure. In general, exports recorded a precipitous setback. The smallest decline of 99.9% was in 2021.
In value terms, exports of dyes; reactive dyes and preparations based therea totaled $246 in 2022. Over the period under review, exports saw a sharp downturn. The smallest decline of 99.9% was in 2021.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Madagascar | N/A | N/A | 128 | 0% | |
| Switzerland | N/A | N/A | 113 | 0% | |
| South Korea | 2.0 | N/A | 3.0 | 22.5% | |
| Turkey | N/A | N/A | 2.0 | 0% | |
| India | 120 | N/A | N/A | 0% | |
| Kuwait | 300 | N/A | N/A | 0% | |
| Others | 70.0 | N/A | N/A | 0% | |
| Total | 492 | N/A | 246 | -29.3% | |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Egypt in 2022:
- Madagascar (29.0 kg)
- Switzerland (4.0 kg)
- Turkey (1.0 kg)
- South Korea (1.0 kg)
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