Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ecuador - 2022

Contents:

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

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

The average import price for dyes; reactive dyes and preparations based therea stood at $7,342 per ton in 2022, with an increase of 2.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $9,316 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Thailand ($29,845 per ton), while the price for China ($5,984 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $15,172 per ton, increasing by 4.6% against the previous year. Overall, the export price posted a temperate increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $15,648 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($18,058 per ton), while the average price for exports to the United States ($14,281 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 Peru (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 353 tons of dyes; reactive dyes and preparations based therea were imported into Ecuador; which is down by -2.3% compared with 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of 362 tons, and then dropped in the following year.

In value terms, imports of dyes; reactive dyes and preparations based therea amounted to $2.6M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Dyes; Reactive Dyes and Preparations Based Thereon in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,2817411,5561,6639.1%
China27220825642115.7%
Taiwan (Chinese)15846.9210136-4.9%
Colombia41.825.546.490.029.1%
United States16110881.365.9-25.8%
Belgium35.967.310952.613.6%
Peru44.530.21.011.8-35.8%
Others311261323153-21.1%
Total2,3051,4882,5822,5944.0%

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

  1. India (235.9 tons)
  2. China (70.4 tons)
  3. Taiwan (Chinese) (13.6 tons)
  4. Colombia (10.2 tons)
  5. Belgium (7.9 tons)
  6. Peru (4.0 tons)
  7. United States (2.6 tons)

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

In 2022, the amount of dyes; reactive dyes and preparations based therea exported from Ecuador skyrocketed to 3.1 tons, jumping by 1,273% compared with the previous year. Overall, exports, however, recorded a sharp reduction.

In value terms, exports of dyes; reactive dyes and preparations based therea soared to $47K in 2022. Over the period under review, exports, however, faced a significant contraction.

Export of Dyes; Reactive Dyes and Preparations Based Thereon in Ecuador (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States42.32.933.8-10.6%
Colombia7.60.312.528.2%
India39.9N/AN/A0%
Others1.00.10.8-10.6%
Total90.93.347.1-28.0%

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

  1. United States (2.4 tons)
  2. Colombia (0.7 tons)

Source: IndexBox Market Intelligence Platform

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