Price for Dyes; Pigments and Preparations Based Thereon in Portugal - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Portugal (CIF) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in Portugal (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Portugal
- Exports of Dyes; Pigments and Preparations Based Thereon in Portugal
Price for Dyes; Pigments and Preparations Based Thereon in Portugal (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $8,878 per ton in November 2023, shrinking by -13.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 27% against the previous month. As a result, import price reached the peak level of $11,473 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Luxembourg ($36,482 per ton), while the price for Turkey ($2,908 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 Luxembourg (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Dyes; Pigments and Preparations Based Thereon in Portugal (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $4,539 per ton in 2022, waning by -3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2013 an increase of 33%. Over the period under review, the average export prices attained the peak figure at $6,216 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6,212 per ton), while the average price for exports to Algeria ($1,396 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 Angola (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Portugal
Imports of dyes; pigments and preparations based therea into Portugal contracted to 2.8K tons in 2022, which is down by -12.7% compared with the previous year's figure. Overall, imports saw a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 3.2K tons, and then fell in the following year.
In value terms, imports of dyes; pigments and preparations based therea dropped slightly to $29M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $30M, and then reduced modestly in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.5 | 6.5 | 9.3 | 7.1 | 3.0% |
| India | 4.5 | 3.2 | 4.0 | 6.4 | 12.5% |
| Germany | 4.9 | 4.6 | 5.7 | 4.2 | -5.0% |
| Netherlands | 2.0 | 1.8 | 2.0 | 2.1 | 1.6% |
| China | 1.9 | 1.0 | 1.1 | 1.8 | -1.8% |
| Belgium | 1.5 | 1.5 | 2.3 | 1.4 | -2.3% |
| Poland | N/A | N/A | 1.3 | 1.1 | -15.4% |
| Luxembourg | 0.2 | 0.2 | 0.6 | 1.1 | 76.5% |
| Italy | 0.9 | 0.7 | 1.0 | 0.5 | -17.8% |
| Others | 3.0 | 2.6 | 2.5 | 2.7 | -3.5% |
| Total | 25.5 | 22.2 | 29.8 | 28.5 | 3.8% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Portugal in 2022:
- Spain (950.8 tons)
- India (522.7 tons)
- Germany (337.7 tons)
- Belgium (206.7 tons)
- Netherlands (151.8 tons)
- Luxembourg (144.2 tons)
- Poland (117.6 tons)
- China (83.0 tons)
- Italy (52.6 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Portugal
For the fourth consecutive year, Portugal recorded growth in overseas shipments of dyes; pigments and preparations based therea, which increased by 10% to 3.7K tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of dyes; pigments and preparations based therea rose notably to $17M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Dyes; Pigments and Preparations Based Thereon in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.6 | 3.1 | 5.5 | 6.1 | 32.9% |
| Germany | 1.8 | 3.8 | 3.6 | 4.5 | 35.7% |
| Singapore | 2.0 | 0.9 | 1.0 | 1.5 | -9.1% |
| Angola | 0.8 | 0.6 | 1.2 | 1.4 | 20.5% |
| Mozambique | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| France | 0.4 | 0.4 | 1.0 | 0.5 | 7.7% |
| Algeria | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
| Others | 1.9 | 1.4 | 2.7 | 1.5 | -7.6% |
| Total | 10.4 | 11.0 | 15.8 | 16.7 | 17.1% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Portugal in 2022:
- Spain (1360.4 tons)
- Germany (734.1 tons)
- Angola (447.9 tons)
- Algeria (292.2 tons)
- Singapore (237.0 tons)
- Mozambique (212.6 tons)
- France (142.9 tons)
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