Saudi Arabia: Direct Dye Market 2024

Direct Dye Market Size in Saudi Arabia

The Saudi direct dye market fell remarkably to $X in 2021, reducing by -22.4% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Direct Dye Production in Saudi Arabia

In value terms, direct dye production shrank sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 166% against the previous year. Direct dye production peaked at $X in 2020, and then dropped sharply in the following year.

Direct Dye Exports

Exports from Saudi Arabia

In 2021, direct dye exports from Saudi Arabia soared to X tons, growing by 91% against the year before. In general, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 149%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, direct dye exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 89% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for direct dye exports from Saudi Arabia, accounting for a 54% share of total exports. Moreover, direct dye exports to Kuwait exceeded the volume sent to the second major destination, Iraq (X tons), twofold. The third position in this ranking was held by Ethiopia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kuwait amounted to +144.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+5,587.3% per year) and Ethiopia (0.0% per year).

In value terms, the largest markets for direct dye exported from Saudi Arabia were Kuwait ($X), Indonesia ($X) and Iraq ($X), together accounting for 84% of total exports.

Among the main countries of destination, Iraq, with a CAGR of +1,999.2%, 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 average direct dye export price stood at $X per ton in 2021, reducing by -24.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 21%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Ethiopia ($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 the United Arab Emirates (+18.9%), while the prices for the other major destinations experienced mixed trend patterns.

Direct Dye Imports

Imports into Saudi Arabia

In 2019, after two years of decline, there was growth in purchases abroad of direct dyes and preparations based thereon, when their volume increased by 2.7% to X tons. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 29%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, direct dye imports shrank to $X in 2019. In general, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by 5.1%. As a result, imports reached the peak of $X. From 2014 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), Spain (X tons) and Pakistan (X tons) were the main suppliers of direct dye imports to Saudi Arabia, with a combined 85% share of total imports.

From 2012 to 2019, the biggest increases were recorded for Pakistan (with a CAGR of +15.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Pakistan ($X) and Spain ($X) appeared to be the largest direct dye suppliers to Saudi Arabia, together comprising 82% of total imports.

Among the main suppliers, Pakistan, with a CAGR of +36.9%, 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 a decline.

Import Prices by Country

In 2019, the average direct dye import price amounted to $X per ton, declining by -14.8% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2019, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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