Price for Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan (CIF) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $13,819 per ton, with an increase of 76% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 320%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21,918 per ton), while the price for India ($12,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+95.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan
In 2022, approx. 11 tons of dyes; reactive dyes and preparations based therea were imported into Azerbaijan; which is down by -47.8% on the year before. In general, imports recorded a sharp shrinkage.
In value terms, imports of dyes; reactive dyes and preparations based therea dropped to $153K in 2022. Over the period under review, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports reached the peak of $459K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 82.8 | 23.0 | 14.4 | 105 | 8.2% |
| China | 37.6 | 8.3 | 8.1 | 22.6 | -15.6% |
| Taiwan (Chinese) | 1.6 | N/A | 1.3 | 15.3 | 112.3% |
| Italy | N/A | N/A | N/A | 3.7 | 0% |
| Iran | 265 | 62.8 | N/A | N/A | -76.3% |
| United Arab Emirates | N/A | 360 | 143 | N/A | -60.3% |
| Others | 3.2 | 4.5 | N/A | 7.0 | 29.8% |
| Total | 390 | 459 | 167 | 153 | -26.8% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Azerbaijan in 2022:
- India (8.5 tons)
- China (1.2 tons)
- Taiwan (Chinese) (1.0 tons)
- Italy (0.2 tons)
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