Price for Dyes; Reactive Dyes and Preparations Based Thereon in Colombia - 2022

Contents:

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

Price for Dyes; Reactive Dyes and Preparations Based Thereon in Colombia (CIF) - 2022

The average import price for dyes; reactive dyes and preparations based therea stood at $6,727 per ton in 2022, growing by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $8,365 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($14,357 per ton), while the price for India ($5,791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for dyes; reactive dyes and preparations based therea stood at $9,644 per ton in 2022, surging by 3.5% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24,550 per ton), while the average price for exports to Honduras ($7,564 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 United States (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of dyes; reactive dyes and preparations based therea into Colombia shrank markedly to 1.5K tons, with a decrease of -18.4% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 1.9K tons, and then declined sharply in the following year.

In value terms, imports of dyes; reactive dyes and preparations based therea shrank to $10M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports attained the peak of $11M, and then contracted in the following year.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.63.06.05.56.1%
China1.00.51.21.13.2%
Taiwan (Chinese)1.31.01.41.0-8.4%
Thailand1.30.60.90.7-18.6%
Switzerland0.30.30.30.410.1%
South Korea0.80.20.40.3-27.9%
Spain0.40.30.30.3-9.1%
Others0.61.10.50.810.1%
Total10.47.010.910.2-0.6%

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

  1. India (944.3 tons)
  2. China (186.7 tons)
  3. Taiwan (Chinese) (130.9 tons)
  4. Spain (54.0 tons)
  5. Thailand (51.7 tons)
  6. South Korea (42.3 tons)
  7. Switzerland (37.3 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of dyes; reactive dyes and preparations based therea, when their volume decreased by -14.5% to 29 tons. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138%. As a result, the exports attained the peak of 33 tons, and then fell in the following year.

In value terms, exports of dyes; reactive dyes and preparations based therea reduced to $276K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 137%.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador42.760.115113948.2%
Peru4.225.635.055.3136.1%
Honduras1.87.15.852.8208.4%
Brazil0.87.337.715.7169.7%
Mexico2.36.239.610.163.8%
United StatesN/AN/A28.41.0-96.5%
PanamaN/A19.3N/AN/A0%
Others4.06.413.62.2-18.1%
Total55.713231127670.5%

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

  1. Ecuador (14.7 tons)
  2. Honduras (7.0 tons)
  3. Peru (4.4 tons)
  4. Brazil (1.3 tons)
  5. Mexico (0.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dyes; reactive dyes and preparations based thereon - Colombia