Southern Asia: Disperse Dye Market 2024

Disperse Dye Market Size in Southern Asia

In 2021, the South Asian disperse dye market was finally on the rise to reach $X after two years of decline. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.2% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Disperse Dye Production in Southern Asia

In value terms, disperse dye production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 32%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Disperse Dye Exports

Exports in Southern Asia

In 2021, the amount of disperse dyes and preparations based thereon exported in Southern Asia skyrocketed to X tons, picking up by 31% on the previous year. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, disperse dye exports surged to $X in 2021. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 77% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2021.

India was also the fastest-growing in terms of the disperse dyes and preparations based thereon exports, with a CAGR of +15.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest disperse dye supplier in Southern Asia.

In India, disperse dye exports increased at an average annual rate of +18.5% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, dropping by -7.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 when the export price increased by 21% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +2.8% per year.

Disperse Dye Imports

Imports in Southern Asia

Disperse dye imports dropped to X tons in 2021, falling by -5% on the year before. In general, imports recorded a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of 12%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, disperse dye imports surged to $X in 2021. The total import value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 16% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Bangladesh (X tons) and Pakistan (X tons) were the major importers of disperse dyes and preparations based thereon in Southern Asia, together committing 78% of total imports. It was distantly followed by India (X tons), achieving a 17% share of total imports. The following importers - Nepal (X tons) and Sri Lanka (X tons) - each recorded a 4% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nepal (with a CAGR of +20.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest disperse dye importing markets in Southern Asia were Bangladesh ($X), Pakistan ($X) and India ($X), with a combined 96% share of total imports. Sri Lanka and Nepal lagged somewhat behind, together accounting for a further 3.6%.

Nepal, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, jumping by 21% against the previous year. Import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, disperse dye import price increased by +68.6% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 31%. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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