Price for Dyes; Reactive Dyes and Preparations Based Thereon in Serbia - 2023

Contents:

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

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

The average import price for dyes; reactive dyes and preparations based therea stood at $9,255 per ton in 2022, picking up by 1.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 30%. Over the period under review, average import prices reached the peak figure at $9,807 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($31,117 per ton), while the price for Italy ($7,404 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $3,709 per ton, approximately mirroring the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 9.9%. Over the period under review, the average export prices attained the maximum at $4,012 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($3,693 per ton), while the average price for exports to Croatia stood at $3,620 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+69.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 148 tons of dyes; reactive dyes and preparations based therea were imported into Serbia; with a decrease of -9.7% compared with 2021. Over the period under review, imports saw a mild setback. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports attained the peak of 164 tons, and then fell in the following year.

In value terms, imports of dyes; reactive dyes and preparations based therea declined to $1.4M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted in the following year.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6926958606960.2%
India2672222513095.0%
Switzerland225209191170-8.9%
United States116104108112-1.2%
China20.677.246.825.57.4%
Others46.933.634.656.56.4%
Total1,3681,3411,4901,3690.0%

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

  1. Italy (94.0 tons)
  2. India (35.0 tons)
  3. Switzerland (9.7 tons)
  4. United States (3.6 tons)
  5. China (2.7 tons)

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

In 2022, shipments abroad of dyes; reactive dyes and preparations based therea decreased by -25.6% to 25 tons, falling for the second year in a row after two years of growth. Overall, exports showed a mild curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 40 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of dyes; reactive dyes and preparations based therea reduced dramatically to $91K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of $141K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina64.410284.280.37.6%
Croatia22.724.627.99.9-24.2%
Montenegro4.12.32.1N/A-28.4%
Others0.512.38.81.026.0%
Total91.714112391.2-0.2%

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

  1. Bosnia and Herzegovina (21.7 tons)
  2. Croatia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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