Brazil: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Brazil

The Brazilian acid and mordant dye market skyrocketed to $X in 2021, with an increase of 42% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Brazil

In 2021, shipments abroad of acid and mordant dyes and preparations based thereon was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 38% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, acid and mordant dye exports amounted to $X in 2021. Overall, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 23%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for acid and mordant dye exports from Brazil, accounting for a 29% share of total exports. Moreover, acid and mordant dye exports to Argentina exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. Paraguay (X tons) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-4.1% per year) and Paraguay (-1.8% per year).

In value terms, Argentina ($X) remains the key foreign market for acid and mordant dyes and preparations based thereon exports from Brazil, comprising 23% of total exports. The second position in the ranking was taken by Bolivia ($X), with an 11% share of total exports. It was followed by Colombia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-2.0% per year) and Colombia (-10.2% per year).

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, reducing by -5.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2020 an increase of 25%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Italy ($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 Colombia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Brazil

In 2021, overseas purchases of acid and mordant dyes and preparations based thereon increased by 41% to X tons for the first time since 2016, thus ending a four-year declining trend. The total import volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, acid and mordant dye imports soared to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of acid and mordant dye to Brazil, with a 67% share of total imports. Moreover, acid and mordant dye imports from India exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.0% per year) and China (-2.2% per year).

In value terms, India ($X) constituted the largest supplier of acid and mordant dyes and preparations based thereon to Brazil, comprising 54% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by China, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.1% per year) and China (+1.7% per year).

Import Prices by Country

In 2021, the average acid and mordant dye import price amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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