Australia: Direct Dye Market 2024

Direct Dye Market Size in Australia

In 2021, the Australian direct dye market was finally on the rise to reach $X after two years of decline. In general, consumption continues to indicate a pronounced contraction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Direct Dye Exports

Exports from Australia

In 2021, approx. X tons of direct dyes and preparations based thereon were exported from Australia; growing by 119% compared with the year before. Overall, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 976% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, direct dye exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 826%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), Indonesia (X tons) and Taiwan (Chinese) (X tons) were the main destinations of direct dye exports from Australia, together comprising 96% of total exports. These countries were followed by Christmas Island, which accounted for a further 3.4%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Christmas Island (with a CAGR of +402.5%), while the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X) emerged as the key foreign market for direct dyes and preparations based thereon exports from Australia, comprising 62% of total exports. The second position in the ranking was held by Indonesia ($X), with a 27% share of total exports. It was followed by Taiwan (Chinese), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-16.7% per year) and Taiwan (Chinese) (-48.9% per year).

Export Prices by Country

The average direct dye export price stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 201%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Direct Dye Imports

Imports into Australia

Direct dye imports into Australia declined to X tons in 2021, waning by -2.4% compared with the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 50%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, direct dye imports expanded rapidly to $X in 2021. Over the period under review, imports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 133% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest direct dye supplier to Australia, accounting for a 89% share of total imports. Moreover, direct dye imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+3.9% per year) and Taiwan (Chinese) (+83.1% per year).

In value terms, India ($X) constituted the largest supplier of direct dyes and preparations based thereon to Australia, comprising 80% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.1% share of total imports. It was followed by Thailand, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+71.0% per year) and Thailand (+3.4% per year).

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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