Price for Dyes; Pigments and Preparations Based Thereon in Italy - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Italy (CIF) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in Italy (FOB) - 2023
- Imports of Dyes; Pigments and Preparations Based Thereon in Italy
- Exports of Dyes; Pigments and Preparations Based Thereon in Italy
Price for Dyes; Pigments and Preparations Based Thereon in Italy (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $9,832 per ton in November 2023, waning by -4.2% against the previous month. In general, the import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in January 2023 an increase of 13% m-o-m. Over the period under review, average import prices reached the peak figure at $12,103 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($25,311 per ton), while the price for Spain ($2,989 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 Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Italy (FOB) - 2023
The average export price for dyes; pigments and preparations based therea stood at $8,646 per ton in November 2023, declining by -13.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 17% month-to-month. The export price peaked at $10,096 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Belgium ($11,830 per ton), while the average price for exports to the Czech Republic ($2,641 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 France (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Italy
Imports of dyes; pigments and preparations based therea into Italy reduced markedly to 21K tons in 2022, with a decrease of -40.4% on the previous year. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 35K tons, and then fell significantly in the following year.
In value terms, imports of dyes; pigments and preparations based therea declined markedly to $221M in 2022. Overall, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of $340M, and then dropped significantly in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.7 | 55.3 | 100 | 55.5 | -5.5% |
| Belgium | 53.1 | 46.8 | 59.2 | 46.3 | -4.5% |
| India | 25.3 | 25.2 | 32.1 | 31.4 | 7.5% |
| China | 20.6 | 19.7 | 22.6 | 26.3 | 8.5% |
| Netherlands | 14.4 | 15.8 | 26.5 | 18.4 | 8.5% |
| Spain | 20.2 | 7.2 | 32.4 | 10.8 | -18.8% |
| France | 5.6 | 5.4 | 18.6 | 6.2 | 3.5% |
| Poland | 5.7 | 6.5 | 8.9 | 5.8 | 0.6% |
| Others | 37.3 | 22.3 | 39.6 | 20.1 | -18.6% |
| Total | 248 | 204 | 340 | 221 | -3.8% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Italy in 2022:
- Belgium (4.7K tons)
- Germany (3.2K tons)
- Spain (3.1K tons)
- India (3.0K tons)
- China (2.3K tons)
- Netherlands (1.3K tons)
- Poland (0.5K tons)
- France (0.5K tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Italy
In 2022, exports of dyes; pigments and preparations based therea from Italy reached 10K tons, picking up by 8.1% on the previous year. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of dyes; pigments and preparations based therea amounted to $76M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Dyes; Pigments and Preparations Based Thereon in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.1 | 7.9 | 9.0 | 9.1 | 0.0% |
| Spain | 8.3 | 6.7 | 8.4 | 8.1 | -0.8% |
| France | 7.5 | 5.9 | 6.8 | 7.0 | -2.3% |
| Poland | 5.0 | 4.4 | 6.6 | 5.9 | 5.7% |
| Belgium | 3.6 | 4.2 | 3.6 | 4.4 | 6.9% |
| United Kingdom | 1.7 | 2.2 | 2.6 | 3.6 | 28.4% |
| Switzerland | 3.1 | 2.6 | 3.5 | 2.6 | -5.7% |
| Hungary | 0.9 | 1.2 | 1.2 | 2.2 | 34.7% |
| Romania | 2.4 | 2.4 | 2.1 | 1.9 | -7.5% |
| Russia | 1.0 | 1.2 | 1.5 | 1.9 | 23.9% |
| Czech Republic | 2.2 | 1.4 | 1.7 | 1.7 | -8.2% |
| India | 1.3 | 1.0 | 1.3 | 1.6 | 7.2% |
| Slovenia | 1.1 | 0.6 | 0.9 | 1.5 | 10.9% |
| Others | 23.7 | 21.5 | 25.2 | 24.7 | 1.4% |
| Total | 71.1 | 63.3 | 74.3 | 76.2 | 2.3% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Italy in 2022:
- Belgium (1411.4 tons)
- Germany (1103.0 tons)
- France (861.8 tons)
- Spain (824.1 tons)
- Poland (710.1 tons)
- United Kingdom (297.8 tons)
- Czech Republic (286.8 tons)
- Switzerland (285.3 tons)
- India (269.7 tons)
- Hungary (261.8 tons)
- Romania (239.3 tons)
- Russia (235.8 tons)
- Slovenia (218.7 tons)
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