Czech Republic: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in the Czech Republic

In 2021, the Czech acid and mordant dye market increased by 4.9% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a noticeable setback. Acid and mordant dye consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in the Czech Republic

In value terms, acid and mordant dye production rose significantly to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 916% against the previous year. Acid and mordant dye production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from the Czech Republic

In 2021, overseas shipments of acid and mordant dyes and preparations based thereon were finally on the rise to reach X tons after six years of decline. Overall, exports posted a moderate expansion. The pace of growth was the most pronounced in 2014 with an increase of 451%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, acid and mordant dye exports expanded significantly to $X in 2021. Over the period under review, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 226% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for acid and mordant dye exports from the Czech Republic, accounting for a 46% share of total exports. Moreover, acid and mordant dye exports to Italy exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy amounted to -9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-5.8% per year) and Germany (-8.2% per year).

In value terms, Italy ($X) remains the key foreign market for acid and mordant dyes and preparations based thereon exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was held by Slovakia ($X), with a 9% share of total exports. It was followed by Poland, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+7.2% per year) and Poland (-1.3% per year).

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, with an increase of 5.2% against the previous year. Overall, the export price enjoyed a modest increase. The most prominent rate of growth was recorded in 2017 an increase of 137% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Thailand ($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 Slovakia (+13.8%), 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 the Czech Republic

In 2021, purchases abroad of acid and mordant dyes and preparations based thereon was finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Overall, imports, however, saw a deep reduction. The growth pace was the most rapid in 2014 with an increase of 705%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, acid and mordant dye imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 283%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of acid and mordant dye imports to the Czech Republic, with a combined 50% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +74.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Austria ($X) constituted the largest acid and mordant dye suppliers to the Czech Republic, with a combined 55% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +65.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, rising by 28% against the previous year. Over the period under review, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in years to come.

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 Switzerland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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