Price for Dyes; Reactive Dyes and Preparations Based Thereon in South Africa - 2024
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa
Price for Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $7,528 per ton, surging by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2014 when the average import price increased by 47%. The import price peaked at $8,233 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Indonesia ($12,416 per ton), while the price for Germany ($4,933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $7,481 per ton, declining by -11.5% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dyes; reactive dyes and preparations based therea increased by +18.1% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 37%. The export price peaked at $8,451 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($20,402 per ton), while the average price for exports to Kenya ($2,226 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 the Netherlands (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa
Imports of dyes; reactive dyes and preparations based therea into South Africa shrank remarkably to 631 tons in 2022, which is down by -15.2% on 2021 figures. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 744 tons, and then shrank significantly in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea reduced slightly to $4.7M in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 31%.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4,067 | 2,230 | 2,957 | 3,038 | -9.3% |
| China | 75.0 | 56.9 | 116 | 510 | 89.5% |
| Indonesia | 406 | 250 | 602 | 337 | -6.0% |
| Switzerland | 459 | 301 | 425 | 286 | -14.6% |
| South Korea | 105 | 188 | 185 | 191 | 22.1% |
| United Arab Emirates | N/A | N/A | N/A | 111 | 0% |
| Taiwan (Chinese) | 505 | 230 | 300 | 103 | -41.1% |
| Singapore | 124 | 240 | 56.2 | N/A | -32.7% |
| Others | 308 | 267 | 273 | 172 | -17.7% |
| Total | 6,049 | 3,762 | 4,916 | 4,749 | -7.7% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to South Africa in 2022:
- India (436.6 tons)
- China (48.9 tons)
- Switzerland (37.0 tons)
- South Korea (33.5 tons)
- Indonesia (27.2 tons)
- Taiwan (Chinese) (17.1 tons)
- United Arab Emirates (13.6 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa
After two years of decline, overseas shipments of dyes; reactive dyes and preparations based therea increased by 0.7% to 84 tons in 2022. In general, exports, however, recorded a abrupt downturn.
In value terms, exports of dyes; reactive dyes and preparations based therea fell to $628K in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 11%.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 403 | 260 | 389 | 236 | -16.3% |
| Botswana | 192 | 185 | 137 | 166 | -4.7% |
| Mauritius | 18.9 | 18.6 | 22.8 | 76.1 | 59.1% |
| Bangladesh | 23.6 | 9.8 | N/A | 52.6 | 30.6% |
| Netherlands | 26.8 | N/A | N/A | 28.0 | 1.5% |
| Brazil | N/A | N/A | N/A | 12.5 | 0% |
| Ghana | 27.4 | 23.4 | 5.5 | 10.1 | -28.3% |
| Kenya | 19.7 | 34.0 | 15.6 | 7.2 | -28.5% |
| Swaziland | 12.3 | 18.5 | 51.7 | 1.4 | -51.5% |
| Cote d'Ivoire | 66.7 | 13.2 | 9.8 | N/A | -61.7% |
| Turkey | 60.4 | 47.1 | 18.6 | N/A | -44.5% |
| Taiwan (Chinese) | N/A | 3.0 | N/A | N/A | 0% |
| Others | 42.3 | 19.8 | 55.6 | 38.9 | -2.8% |
| Total | 892 | 633 | 705 | 628 | -11.0% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from South Africa in 2022:
- Botswana (29.1 tons)
- Zimbabwe (18.6 tons)
- Mauritius (16.4 tons)
- Netherlands (5.0 tons)
- Kenya (3.3 tons)
- Brazil (2.7 tons)
- Ghana (2.6 tons)
- Bangladesh (2.6 tons)
- Swaziland (0.1 tons)
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