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

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

In 2021, the EU acid and mordant dye market was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a deep downturn. The level of 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 EU

In value terms, acid and mordant dye production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 54% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in the EU

In 2021, shipments abroad of acid and mordant dyes and preparations based thereon was finally on the rise to reach X tons after six years of decline. Over the period under review, exports, however, recorded a perceptible downturn. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, acid and mordant dye exports surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Italy (X tons) and Germany (X tons) represented roughly 80% of total exports in 2021. It was distantly followed by France (X tons), mixing up a 5.2% share of total exports. The following exporters - Belgium (X tons), Greece (X tons) and the Netherlands (X tons) - together made up 10% 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 Greece (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye supplying countries in the European Union were Germany ($X), Spain ($X) and Italy ($X), together accounting for 78% of total exports. France, the Netherlands, Belgium and Greece lagged somewhat behind, together comprising a further 16%.

Among the main exporting countries, the Netherlands, with a CAGR of +12.7%, saw the highest growth rate of 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 the European Union stood at $X per ton in 2021, stabilizing at the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2013 when the export price increased by 10% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, among the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the other leaders experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in the EU

In 2021, overseas purchases of acid and mordant dyes and preparations based thereon increased by 13% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 18%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 24%. 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

Italy was the main importing country with an import of about X tons, which amounted to 39% of total imports. Spain (X tons) ranks second in terms of the total imports with a 17% share, followed by Germany (13%) and France (6.2%). Austria (X tons), Portugal (X tons), Poland (X tons), Belgium (X tons), the Netherlands (X tons), Finland (X tons) and Greece (X tons) held a relatively small share of total imports.

Italy experienced a relatively flat trend pattern with regard to volume of imports of acid and mordant dyes and preparations based thereon. At the same time, Finland (+12.1%), Greece (+9.1%) and Portugal (+4.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +12.1% from 2012-2021. Belgium and Spain experienced a relatively flat trend pattern. By contrast, Germany (-2.2%), France (-4.2%), Austria (-4.5%), the Netherlands (-10.4%) and Poland (-18.0%) illustrated a downward trend over the same period. While the share of Italy (+6.3 p.p.), Spain (+3.8 p.p.), Finland (+1.6 p.p.) and Portugal (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the Netherlands (-3 p.p.) and Poland (-11.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of imports in 2021, together accounting for 67% of total imports. France, the Netherlands, Poland, Belgium, Portugal, Austria, Greece and Finland lagged somewhat behind, together comprising a further 26%.

In terms of the main importing countries, Finland, with a CAGR of +10.1%, recorded the highest growth rate of 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 the European Union amounted to $X per ton, growing by 5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2014 when the import price increased by 18% 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 Germany ($X per ton), while Finland ($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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