Eastern Europe: Market for Acid And Mordant Dyes And Preparations Based Thereon 2025

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Eastern Europe

In 2021, the East European acid and mordant dye market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a pronounced contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Eastern Europe

In value terms, acid and mordant dye production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a drastic downturn. Over the period under review, production reached the peak level 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 in Eastern Europe

In 2021, the amount of acid and mordant dyes and preparations based thereon exported in Eastern Europe shrank to X tons, standing approx. at 2020. Overall, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 410%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, acid and mordant dye exports fell to $X in 2021. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 266% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons), Russia (X tons), Belarus (X tons), the Czech Republic (X tons) and Lithuania (X tons) represented roughly 93% of total exports in 2021. The following exporters - Hungary (X tons) and Romania (X tons) - each amounted to a 4.4% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +23.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together accounting for 70% of total exports. Lithuania, Hungary, Belarus and Romania lagged somewhat behind, together accounting for a further 24%.

Among the main exporting countries, Hungary, with a CAGR of +17.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, waning by -6.9% against the previous year. In general, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2016 an increase of 25%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Hungary ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the other leaders experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in Eastern Europe

For the third year in a row, Eastern Europe recorded decline in overseas purchases of acid and mordant dyes and preparations based thereon, which decreased by -3.7% to X tons in 2021. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 26%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, acid and mordant dye imports rose notably to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 55%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of acid and mordant dyes and preparations based thereon, creating 39% of total imports. Poland (X tons) held the second position in the ranking, distantly followed by Belarus (X tons), Ukraine (X tons), Romania (X tons) and Lithuania (X tons). All these countries together held approx. 48% share of total imports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lithuania (with a CAGR of +15.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 67% of total imports. These countries were followed by Ukraine, Romania, Lithuania and Hungary, which together accounted for a further 19%.

In terms of the main importing countries, Lithuania, with a CAGR of +6.6%, saw 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

In 2021, the import price in Eastern Europe amounted to $X per ton, rising by 11% against the previous year. Import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye import price increased by +48.4% against 2017 indices. The pace of growth was the most pronounced in 2019 when the import price increased by 23% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: among the top importers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+15.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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