Price for Dyes; Pigments and Preparations Based Thereon in Qatar - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Qatar (CIF) - 2023
- Imports of Dyes; Pigments and Preparations Based Thereon in Qatar
Price for Dyes; Pigments and Preparations Based Thereon in Qatar (CIF) - 2023
In December 2023, the average import price for dyes; pigments and preparations based therea amounted to $8,544 per ton, approximately equating the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 58% against the previous month. Over the period under review, average import prices hit record highs at $10,195 per ton in June 2023; however, from July 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Hungary ($32,672 per ton), while the price for India ($5,028 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Qatar
In 2022, imports of dyes; pigments and preparations based therea into Qatar contracted modestly to 174 tons, dropping by -4.4% against the previous year. The total import volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of 182 tons, and then dropped slightly in the following year.
In value terms, imports of dyes; pigments and preparations based therea skyrocketed to $1.5M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Dyes; Pigments and Preparations Based Thereon in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 233 | 189 | 329 | 408 | 20.5% |
| Finland | 261 | 172 | 272 | 391 | 14.4% |
| Germany | 35.7 | 73.2 | 43.7 | 243 | 89.5% |
| Hungary | 43.1 | 16.0 | 117 | 197 | 66.0% |
| India | 21.4 | 186 | 251 | 153 | 92.6% |
| United States | 40.9 | 52.0 | 44.6 | 71.2 | 20.3% |
| Others | 195 | N/A | 67.6 | 54.1 | -34.8% |
| Total | 829 | 687 | 1,126 | 1,519 | 22.4% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Qatar in 2022:
- Norway (60.6 tons)
- Finland (56.0 tons)
- India (25.1 tons)
- Germany (17.8 tons)
- Hungary (6.8 tons)
- United States (4.9 tons)
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