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

Contents:

  1. Price for Dyes; Reactive Dyes and Preparations Based Thereon in Spain (CIF) - 2023
  2. Price for Dyes; Reactive Dyes and Preparations Based Thereon in Spain (FOB) - 2022
  3. Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Spain
  4. Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Spain

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

The average import price for dyes; reactive dyes and preparations based therea stood at $8,376 per ton in November 2023, reducing by -35.6% against the previous month. In general, the import price saw a perceptible descent. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 56% m-o-m. As a result, import price reached the peak level of $13,005 per ton, and then declined dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($14,208 per ton), while the price for Belgium ($2,925 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 Italy (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Spain (FOB) - 2022

The average export price for dyes; reactive dyes and preparations based therea stood at $8,174 per ton in 2022, falling by -4.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 23%. The export price peaked at $8,587 per ton in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15,183 per ton), while the average price for exports to Morocco ($5,680 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 Germany (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of dyes; reactive dyes and preparations based therea into Spain declined notably to 895 tons in 2022, with a decrease of -16% against 2021. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32%.

In value terms, imports of dyes; reactive dyes and preparations based therea contracted to $9.1M in 2022. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $11M, and then declined in the following year.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.94.85.74.0-6.5%
India2.92.23.43.56.5%
China0.20.20.50.535.7%
PortugalN/A0.10.10.241.4%
Belgium0.40.30.40.2-20.6%
Pakistan0.10.20.10.10.0%
Brazil0.2N/AN/AN/A0%
Others1.70.50.50.6-29.3%
Total10.58.310.69.1-4.7%

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

  1. Germany (374.8 tons)
  2. India (358.1 tons)
  3. China (55.3 tons)
  4. Belgium (31.2 tons)
  5. Portugal (29.7 tons)
  6. Pakistan (13.5 tons)
  7. Brazil (0.8 tons)

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

In 2022, the amount of dyes; reactive dyes and preparations based therea exported from Spain declined to 647 tons, falling by -12.4% against the previous year's figure. Overall, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. As a result, the exports reached the peak of 738 tons, and then contracted in the following year.

In value terms, exports of dyes; reactive dyes and preparations based therea declined markedly to $5.3M in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, the exports attained the peak of $6.3M, and then contracted dramatically in the following year.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco2,8071,0922,2702,017-10.4%
Germany4946811,03787721.1%
Portugal4294035194773.6%
Italy21828831041223.6%
Tunisia2991992843010.2%
Colombia13916624226423.8%
France446280323207-22.6%
Others1,0808771,354732-12.2%
Total5,9123,9866,3395,288-3.6%

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

  1. Morocco (355.2 tons)
  2. Portugal (64.6 tons)
  3. Germany (57.7 tons)
  4. Colombia (42.9 tons)
  5. France (27.8 tons)
  6. Italy (27.5 tons)
  7. Tunisia (26.0 tons)

Source: IndexBox Market Intelligence Platform

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