Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hungary - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (FOB) - 2023
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (CIF) - 2022
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (FOB) - 2023
The average export price for dyes; reactive dyes and preparations based therea stood at $2,199 per ton in November 2023, growing by 5.5% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 35% m-o-m. The export price peaked at $3,079 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Germany ($3,564 per ton), while the average price for exports to the UK stood at $1,755 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $3,439 per ton, with a decrease of -74.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 152%. Over the period under review, average import prices reached the maximum at $16,220 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($24,207 per ton), while the price for the UK ($2,089 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary
Exports of dyes; reactive dyes and preparations based therea from Hungary contracted to 1.4K tons in 2022, which is down by -4.9% compared with the year before. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, the exports reached the peak of 1.5K tons, and then shrank in the following year.
In value terms, exports of dyes; reactive dyes and preparations based therea contracted notably to $3.3M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $4M, and then shrank notably in the following year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,674 | 1,848 | 1,845 | 1,517 | -3.2% |
| United Kingdom | N/A | N/A | 1,222 | 1,014 | -17.0% |
| Germany | 575 | 921 | 634 | 587 | 0.7% |
| Sweden | N/A | 170 | 237 | 170 | 0.0% |
| Others | 241 | 112 | 27.4 | 18.2 | -57.7% |
| Total | 2,490 | 3,051 | 3,965 | 3,306 | 9.9% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Hungary in 2022:
- United Kingdom (649.7 tons)
- Italy (525.5 tons)
- Germany (196.9 tons)
- Sweden (55.2 tons)
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary
In 2022, imports of dyes; reactive dyes and preparations based therea into Hungary surged to 275 tons, jumping by 324% compared with the year before. In general, imports posted a significant expansion.
In value terms, imports of dyes; reactive dyes and preparations based therea expanded significantly to $947K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.0 | N/A | N/A | 514 | 240.7% |
| Belgium | 284 | 315 | 238 | 181 | -13.9% |
| Germany | 274 | 320 | 329 | 112 | -25.8% |
| Poland | 30.5 | 207 | 231 | 93.5 | 45.3% |
| Italy | 18.1 | 22.8 | 44.0 | 32.8 | 21.9% |
| Spain | 87.2 | 637 | 4.2 | 6.8 | -57.3% |
| Netherlands | 0.3 | 89.8 | N/A | N/A | 29833.3% |
| Others | 242 | 54.3 | 16.7 | 6.2 | -70.5% |
| Total | 949 | 1,646 | 863 | 947 | -0.1% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Hungary in 2022:
- United Kingdom (246.1 tons)
- Poland (12.1 tons)
- Belgium (7.5 tons)
- Germany (4.7 tons)
- Italy (3.5 tons)
- Spain (1.0 tons)
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