Price for Dyes; Reactive Dyes and Preparations Based Thereon in Portugal - 2023

Contents:

  1. Price for Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (CIF) - 2023
  2. Price for Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (FOB) - 2023
  3. Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal
  4. Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (CIF) - 2023

The average import price for dyes; reactive dyes and preparations based therea stood at $6,419 per ton in November 2023, shrinking by -3.2% against the previous month. Overall, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $9,965 per ton. From March 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($16,206 per ton), while the price for India ($3,268 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (FOB) - 2023

In November 2023, the average export price for dyes; reactive dyes and preparations based therea amounted to $7,214 per ton, dropping by -21.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 30% m-o-m. The export price peaked at $9,414 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Spain ($10,665 per ton), while the average price for exports to Italy ($4,175 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal

In 2022, the amount of dyes; reactive dyes and preparations based therea imported into Portugal reduced to 3.3K tons, with a decrease of -7.5% compared with the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 3.6K tons, and then contracted in the following year.

In value terms, imports of dyes; reactive dyes and preparations based therea fell to $23M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $25M, and then fell in the following year.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.813.514.011.2-6.7%
India3.02.43.85.119.3%
Italy0.20.80.72.0115.4%
Netherlands2.42.01.71.6-12.6%
Austria1.10.81.21.10.0%
Spain0.91.31.51.16.9%
South Korea0.70.50.80.98.7%
Others0.90.91.20.6-12.6%
Total22.922.224.823.50.9%

Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Portugal in 2022:

  1. Germany (1157.6 tons)
  2. India (1037.3 tons)
  3. Italy (336.5 tons)
  4. Netherlands (260.9 tons)
  5. Spain (231.3 tons)
  6. Austria (137.5 tons)
  7. South Korea (103.2 tons)

Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal

In 2022, exports of dyes; reactive dyes and preparations based therea from Portugal skyrocketed to 637 tons, surging by 26% against the previous year's figure. In general, exports, however, continue to indicate a slight slump.

In value terms, exports of dyes; reactive dyes and preparations based therea reached $4.8M in 2022. Overall, exports, however, recorded a pronounced slump.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey136N/A88.21,902140.9%
Germany4,7623,8683,4401,741-28.5%
Morocco71.612.828.041579.6%
Spain279147155245-4.2%
Peru28.554.425719389.2%
Italy12313975.41240.3%
Others63.144.917816236.9%
Total5,4644,2664,2224,782-4.3%

Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Portugal in 2022:

  1. Germany (250.2 tons)
  2. Turkey (235.2 tons)
  3. Morocco (46.4 tons)
  4. Spain (45.1 tons)
  5. Italy (33.6 tons)
  6. Peru (12.1 tons)

Source: IndexBox Market Intelligence Platform

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