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

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

The Israeli acid and mordant dye market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, showed a abrupt decline. Acid and mordant dye consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Israel

In value terms, acid and mordant dye production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a abrupt decline. The growth pace was the most rapid in 2015 with an increase of 25%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Israel

In 2021, approx. X tons of acid and mordant dyes and preparations based thereon were exported from Israel; growing by 49% on the year before. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2016 with an increase of 343% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, acid and mordant dye exports skyrocketed to $X in 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 365% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X tons) was the main destination for acid and mordant dye exports from Israel, with a 73% share of total exports. Moreover, acid and mordant dye exports to Panama exceeded the volume sent to the second major destination, Palestine (X tons), fivefold. The third position in this ranking was taken by Serbia (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Panama amounted to +85.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+75.0% per year) and Serbia (0.0% per year).

In value terms, the largest markets for acid and mordant dye exported from Israel were Panama ($X), Palestine ($X) and Serbia ($X), with a combined 85% share of total exports. Jordan lagged somewhat behind, comprising a further 10%.

Jordan, with a CAGR of +93.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, with a decrease of -13.3% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 27% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, among the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Panama ($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 Jordan (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Israel

For the fourth year in a row, Israel recorded growth in overseas purchases of acid and mordant dyes and preparations based thereon, which increased by 11% to X tons in 2021. Over the period under review, imports, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 when imports increased by 61% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, acid and mordant dye imports skyrocketed to $X in 2021. In general, imports saw a slight increase. The pace of growth was the most pronounced in 2016 with an increase of 50% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Ireland (X tons) constituted the largest acid and mordant dye supplier to Israel, with a 15% share of total imports. Moreover, acid and mordant dye imports from Ireland exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland totaled +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+20.4% per year) and Italy (-2.7% per year).

In value terms, Ireland ($X) constituted the largest supplier of acid and mordant dyes and preparations based thereon to Israel, comprising 16% of total imports. The second position in the ranking was held by the United States ($X), with a 7.6% share of total imports. It was followed by Italy, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Ireland amounted to +35.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.5% per year) and Italy (+1.5% per year).

Import Prices by Country

In 2021, the average acid and mordant dye import price amounted to $X per ton, surging by 4.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, among the top importers, the highest price was recorded for prices from Turkey ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :