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China - Basic Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Basic Dyes And Preparations Based Thereon - Market Analysis, Forecast, Size, Trends And Insights

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Feb 1, 2023

Basic Dye Price in China Declines 6%, Averaging $9,922 per Ton

China Basic Dye Export Price in September 2022

In September 2022, the basic dye price stood at $9,922 per ton (FOB, China), which is down by -6.1% against the previous month. Overall, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in May 2022 when the average export price increased by 19% m-o-m. The export price peaked at $12,339 per ton in January 2022; however, from February 2022 to September 2022, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($14,422 per ton), while the average price for exports to Djibouti ($1,000 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Basic Dye Exports

In September 2022, overseas shipments of basic dyes and preparations based thereon decreased by -12.1% to 483 tons, falling for the third month in a row after two months of growth. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in March 2022 when exports increased by 115% against the previous month. Over the period under review, the exports hit record highs at 782 tons in June 2022; however, from July 2022 to September 2022, the exports remained at a lower figure.

In value terms, basic dye exports fell markedly to $4.8M (IndexBox estimates) in September 2022. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in March 2022 when exports increased by 119% m-o-m. The exports peaked at 8.7K tons in July 2022; however, from August 2022 to September 2022, the exports stood at a somewhat lower figure.

China Basic Dye Exports by Country

Turkey (92 tons), Pakistan (70 tons) and Vietnam (41 tons) were the main destinations of basic dye exports from China, together accounting for 42% of total exports. Japan, South Korea, India, Thailand, Bangladesh, Malaysia, Italy, Indonesia, Mexico and Djibouti lagged somewhat behind, together accounting for a further 41%.

From January 2022 to September 2022, the biggest increases were in Indonesia (with a CAGR of +17.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($759K) emerged as the key foreign market for basic dye exports from China, comprising 16% of total exports. The second position in the ranking was taken by India ($344K), with a 7.2% share of total exports. It was followed by Japan, with a 7% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to Turkey stood at -11.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (-6.8% per month) and Japan (-11.3% per month).

Factors Affecting Basic Dye Prices

The most significant factor affecting dye prices in China is the cost of raw materials. Raw materials make up a large portion of the cost of manufacturing dyes, and as such, any increase in these costs will be passed on to the customer.

There are a few reasons why raw material costs have been increasing lately. First, there has been an increase in the price of crude oil, which is used to produce many of the chemicals used in making dyes. Second, there has been an increase in demand for certain chemicals used in making dyes, driving up prices. Finally, some dyestuff manufacturers have had to switch to more expensive raw materials due to changes in environmental regulations.

In addition to rising raw material costs, dyestuff manufacturers are also facing higher transportation and energy costs. These increases are largely due to inflation and the recent surge in oil prices. As a result of these higher costs, many Chinese dyestuff manufacturers have had to raise their prices in order to remain profitable.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the basic dye market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20122130 - Basic dyes and preparations based thereon

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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