Price for Dyes; Reactive Dyes and Preparations Based Thereon in the United States - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in the United States (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in the United States (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in the United States
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in the United States
Price for Dyes; Reactive Dyes and Preparations Based Thereon in the United States (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $7,239 per ton, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $8,835 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Thailand ($19,290 per ton), while the price for South Korea ($5,614 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in the United States (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $6,965 per ton, waning by -2.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 17%. Over the period under review, the average export prices reached the peak figure at $12,453 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($15,865 per ton), while the average price for exports to Canada ($3,975 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 Hong Kong SAR (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in the United States
Imports of dyes; reactive dyes and preparations based therea into the United States fell significantly to 2.9K tons in 2022, which is down by -24.5% against the previous year. Overall, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 3.8K tons, and then declined notably in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea dropped sharply to $21M in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $25M, and then reduced rapidly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.7 | 11.7 | 13.3 | 10.9 | -7.3% |
| South Korea | 5.7 | 4.0 | 6.7 | 5.4 | -1.8% |
| Thailand | 0.9 | 0.6 | 1.2 | 1.3 | 13.0% |
| China | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
| Taiwan (Chinese) | 0.8 | 0.5 | 0.7 | 0.5 | -14.5% |
| Mexico | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 2.2 | 1.0 | 1.4 | 1.4 | -14.0% |
| Total | 24.2 | 18.9 | 24.5 | 20.7 | -5.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to the United States in 2022:
- India (1585.1 tons)
- South Korea (955.8 tons)
- Taiwan (Chinese) (88.2 tons)
- Thailand (68.0 tons)
- China (61.0 tons)
- Mexico (45.9 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of dyes; reactive dyes and preparations based therea, which decreased by -15.1% to 1.1K tons in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -4.2% was in 2021.
In value terms, exports of dyes; reactive dyes and preparations based therea fell sharply to $7.8M in 2022. Over the period under review, exports faced a precipitous slump.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 17.2 | 4.9 | 2.5 | 2.0 | -51.2% |
| Belgium | 0.4 | 0.4 | 0.7 | 1.6 | 58.7% |
| Mexico | 5.2 | 2.8 | 1.5 | 1.2 | -38.7% |
| Honduras | 0.4 | 1.9 | 0.6 | 0.4 | 0.0% |
| El Salvador | 0.9 | 0.3 | 0.1 | 0.4 | -23.7% |
| Peru | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Dominican Republic | 1.2 | 0.3 | 0.8 | 0.4 | -30.7% |
| Netherlands | 0.1 | 0.3 | 0.5 | 0.3 | 44.2% |
| Colombia | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Germany | 0.1 | 0.4 | 0.2 | 0.2 | 26.0% |
| Egypt | N/A | 0.1 | N/A | N/A | 0% |
| Others | 1.7 | 0.8 | 2.0 | 0.7 | -25.6% |
| Total | 27.9 | 12.5 | 9.3 | 7.8 | -34.6% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from the United States in 2022:
- Canada (511.7 tons)
- Belgium (174.0 tons)
- Mexico (126.0 tons)
- El Salvador (52.5 tons)
- Honduras (43.8 tons)
- Peru (38.0 tons)
- Dominican Republic (25.7 tons)
- Colombia (22.4 tons)
- Netherlands (20.9 tons)
- Germany (20.4 tons)
- Egypt (2.5 tons)
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