Price for Dyes; Pigments and Preparations Based Thereon in Denmark - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Denmark (FOB) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in Denmark (CIF) - 2023
- Exports of Dyes; Pigments and Preparations Based Thereon in Denmark
- Imports of Dyes; Pigments and Preparations Based Thereon in Denmark
Price for Dyes; Pigments and Preparations Based Thereon in Denmark (FOB) - 2023
The average export price for dyes; pigments and preparations based therea stood at $8,647 per ton in November 2023, surging by 16% 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 December 2022 an increase of 21% month-to-month. As a result, the export price reached the peak level of $11,109 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($18,369 per ton), while the average price for exports to Belgium ($6,115 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 Italy (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Denmark (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $11,343 per ton in November 2023, with an increase of 33% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $12,104 per ton in September 2023; however, from October 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 France ($29,912 per ton), while the price for China ($5,919 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 (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dyes; Pigments and Preparations Based Thereon in Denmark
In 2022, overseas shipments of dyes; pigments and preparations based therea decreased by -53.3% to 4.8K tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 2.9%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of dyes; pigments and preparations based therea reduced remarkably to $45M in 2022. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 4.3%. As a result, the exports reached the peak of $76M, and then dropped sharply in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.7 | 14.4 | 17.5 | 17.5 | 8.5% |
| Belgium | 37.3 | 37.2 | 35.1 | 6.9 | -43.0% |
| Netherlands | 4.2 | 2.9 | 3.6 | 3.7 | -4.1% |
| Sweden | 3.1 | 3.3 | 4.4 | 3.6 | 5.1% |
| Poland | 1.7 | 1.9 | 2.6 | 2.1 | 7.3% |
| France | 1.5 | 1.4 | 2.2 | 2.1 | 11.9% |
| Spain | 1.4 | 1.6 | 1.8 | 1.6 | 4.6% |
| Italy | 4.5 | 1.4 | 0.8 | 1.0 | -39.4% |
| Czech Republic | 0.9 | 1.1 | 1.4 | 1.0 | 3.6% |
| New Zealand | 0.8 | 0.6 | 1.2 | 0.7 | -4.4% |
| United Kingdom | 1.7 | 2.4 | 0.6 | 0.5 | -33.5% |
| Switzerland | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Others | 5.1 | 4.6 | 4.7 | 4.2 | -6.3% |
| Total | 76.3 | 73.2 | 76.4 | 45.4 | -15.9% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Denmark in 2022:
- Germany (2147.2 tons)
- Belgium (624.0 tons)
- Sweden (307.7 tons)
- Netherlands (243.0 tons)
- France (224.7 tons)
- Poland (198.2 tons)
- Spain (184.4 tons)
- Italy (114.4 tons)
- Czech Republic (113.4 tons)
- New Zealand (97.3 tons)
- Switzerland (90.4 tons)
- United Kingdom (72.2 tons)
Imports of Dyes; Pigments and Preparations Based Thereon in Denmark
In 2022, overseas purchases of dyes; pigments and preparations based therea decreased by -55.3% to 3.1K tons, falling for the second consecutive year after two years of growth. In general, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 3.3% against the previous year. As a result, imports attained the peak of 7.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of dyes; pigments and preparations based therea dropped rapidly to $34M in 2022. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 17%. As a result, imports reached the peak of $65M, and then declined rapidly in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.2 | 13.8 | 18.5 | 8.5 | -15.7% |
| Sweden | 6.7 | 9.6 | 10.2 | 5.8 | -4.7% |
| Netherlands | 4.1 | 7.2 | 7.5 | 5.2 | 8.2% |
| Germany | 5.3 | 4.8 | 5.1 | 4.3 | -6.7% |
| China | 12.6 | 6.8 | 10.0 | 3.1 | -37.3% |
| France | 1.6 | 2.0 | 2.8 | 2.1 | 9.5% |
| United Kingdom | 0.6 | 0.7 | 1.2 | 1.3 | 29.4% |
| Belgium | 1.6 | 1.2 | 1.1 | 0.8 | -20.6% |
| South Korea | 3.1 | 3.1 | 2.8 | 0.4 | -49.5% |
| Others | 10.4 | 6.1 | 6.1 | 3.0 | -33.9% |
| Total | 60.3 | 55.5 | 65.2 | 34.4 | -17.1% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Denmark in 2022:
- India (849.3 tons)
- Sweden (445.5 tons)
- Germany (424.5 tons)
- China (372.8 tons)
- Netherlands (337.7 tons)
- United Kingdom (189.9 tons)
- France (112.4 tons)
- Belgium (63.2 tons)
- South Korea (42.0 tons)
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