Saudi Arabia: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Saudi Arabia

In 2021, the Saudi acid and mordant dye market was finally on the rise to reach $X after two years of decline. Overall, consumption enjoyed prominent growth. Acid and mordant dye consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Saudi Arabia

In value terms, acid and mordant dye production expanded rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 260% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Saudi Arabia

In 2021, overseas shipments of acid and mordant dyes and preparations based thereon increased by 2.6% to X tons, rising for the third year in a row after two years of decline. In general, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of 67%. The exports 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 amounted to $X in 2021. Over the period under review, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), Kuwait (X tons) and Yemen (X tons) were the main destinations of acid and mordant dye exports from Saudi Arabia, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, the largest markets for acid and mordant dye exported from Saudi Arabia were Kuwait ($X), Spain ($X) and Yemen ($X), together accounting for 95% of total exports.

Spain, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, increasing by 6.1% against the previous year. Overall, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 202% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average 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 Yemen ($X per ton), while the average price for exports to Spain ($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 (+5,056.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Saudi Arabia

In 2015, approx. X tons of acid and mordant dyes and preparations based thereon were imported into Saudi Arabia; jumping by 96% against the previous year. Over the period under review, imports enjoyed significant growth. 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 2015. Overall, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of acid and mordant dye imports to Saudi Arabia, together accounting for 63% of total imports.

From 2012 to 2015, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +111.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye suppliers to Saudi Arabia were Germany ($X), Pakistan ($X) and the United States ($X), with a combined 62% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +14.3%, 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

The average acid and mordant dye import price stood at $X per ton in 2015, waning by -21.7% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 6.7% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2015, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: among the top importers, the country with the highest price was China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2015, the most notable rate of growth in terms of prices was attained by Pakistan (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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