Price for Dyes; Pigments and Preparations Based Thereon in Australia - 2024
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Australia (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Australia (FOB) - 2024
- Imports of Dyes; Pigments and Preparations Based Thereon in Australia
- Exports of Dyes; Pigments and Preparations Based Thereon in Australia
Price for Dyes; Pigments and Preparations Based Thereon in Australia (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $11,114 per ton, growing by 12% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dyes; pigments and preparations based therea increased by +60.0% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,917 per ton), while the price for Taiwan (Chinese) ($6,980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Australia (FOB) - 2024
The average export price for dyes; pigments and preparations based therea stood at $7,525 per ton in January 2024, jumping by 151% against the previous month. Overall, the export price continues to indicate moderate growth. The export price peaked at $12,066 per ton in May 2023; however, from June 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Oman ($22,195 per ton), while the average price for exports to Papua New Guinea ($1,510 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Australia
In 2022, the amount of dyes; pigments and preparations based therea imported into Australia declined dramatically to 2.5K tons, shrinking by -18% compared with 2021. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.
In value terms, imports of dyes; pigments and preparations based therea fell to $28M in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.9% against the previous year.
| Import of Dyes; Pigments and Preparations Based Thereon in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.9 | 8.7 | 10.5 | 8.7 | -12.3% |
| France | 1.9 | 1.2 | 0.9 | 4.7 | 35.2% |
| Germany | 4.5 | 6.1 | 5.4 | 4.2 | -2.3% |
| India | 5.4 | 3.9 | 4.7 | 3.4 | -14.3% |
| United States | 2.2 | 1.7 | 2.1 | 1.7 | -8.2% |
| Thailand | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Indonesia | 0.9 | 1.2 | 0.5 | 0.4 | -23.7% |
| Taiwan (Chinese) | 0.4 | 0.2 | 0.5 | 0.2 | -20.6% |
| New Zealand | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Others | 4.2 | 4.5 | 5.5 | 4.1 | -0.8% |
| Total | 33.0 | 27.8 | 30.5 | 28.0 | -5.3% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Australia in 2022:
- China (1100.1 tons)
- India (330.4 tons)
- France (282.0 tons)
- Germany (246.9 tons)
- United States (167.0 tons)
- Thailand (81.7 tons)
- Indonesia (50.7 tons)
- Taiwan (Chinese) (31.3 tons)
- New Zealand (0.6 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Australia
In 2022, exports of dyes; pigments and preparations based therea from Australia surged to 1.8K tons, picking up by 81% against 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 152%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of dyes; pigments and preparations based therea surged to $9.6M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 63%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Dyes; Pigments and Preparations Based Thereon in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 850 | 904 | 1,572 | 3,072 | 53.5% |
| Fiji | 213 | 253 | 654 | 1,528 | 92.9% |
| Papua New Guinea | 116 | 292 | 525 | 1,274 | 122.3% |
| United States | 290 | 1,009 | 600 | 844 | 42.8% |
| Malaysia | 598 | 1,869 | 295 | 790 | 9.7% |
| Vietnam | 240 | 958 | 157 | 449 | 23.2% |
| Pakistan | 147 | 136 | 122 | 60.8 | -25.5% |
| Others | 3,100 | 3,606 | 3,901 | 1,556 | -20.5% |
| Total | 5,553 | 9,027 | 7,827 | 9,574 | 19.9% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Australia in 2022:
- New Zealand (712.5 tons)
- Fiji (377.1 tons)
- Papua New Guinea (322.2 tons)
- United States (197.3 tons)
- Malaysia (81.3 tons)
- Vietnam (55.4 tons)
- Pakistan (9.7 tons)
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