Ethiopia - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Aqueous Paint and Varnish in Ethiopia - 2022
Contents:
- Price for Aqueous Paint and Varnish in Ethiopia (CIF) - 2022
- Price for Aqueous Paint and Varnish in Ethiopia (FOB) - 2022
- Imports of Aqueous Paint and Varnish in Ethiopia
- Exports of Aqueous Paint and Varnish in Ethiopia
Price for Aqueous Paint and Varnish in Ethiopia (CIF) - 2022
In 2022, the average aqueous paint and varnish import price amounted to $1,850 per ton, falling by -29.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $2,854 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($7,632 per ton), while the price for China ($1,544 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aqueous Paint and Varnish in Ethiopia (FOB) - 2022
In 2022, the average aqueous paint and varnish export price amounted to $2,251 per ton, increasing by 11% against the previous year. In general, the export price saw perceptible growth. The pace of growth was the most pronounced in 2013 an increase of 208% against the previous year. As a result, the export price attained the peak level of $5,037 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($14,833 per ton), while the average price for exports to Benin ($1,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aqueous Paint and Varnish in Ethiopia
In 2022, purchases abroad of paints and varnishes dispersed or dissolved in an aqueous medium increased by 110% to 2K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aqueous paint and varnish imports skyrocketed to $3.6M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aqueous Paint and Varnish in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,126 | 907 | 1,189 | 1,921 | 19.5% |
| Egypt | 548 | 562 | 563 | 769 | 12.0% |
| Italy | 127 | 285 | 56.1 | 326 | 36.9% |
| United Arab Emirates | 161 | 282 | 160 | 254 | 16.4% |
| India | 20.6 | 10.4 | 39.7 | 153 | 95.1% |
| Turkey | 120 | 100 | 104 | 74.0 | -14.9% |
| South Korea | 147 | 139 | 117 | N/A | -10.8% |
| Others | 241 | 282 | 233 | 119 | -21.0% |
| Total | 2,490 | 2,567 | 2,460 | 3,616 | 13.2% |
Top Suppliers of Aqueous Paint and Varnish to Ethiopia in 2022:
- China (1244.4 tons)
- Egypt (411.0 tons)
- United Arab Emirates (132.3 tons)
- Italy (69.6 tons)
- India (31.1 tons)
- Turkey (28.1 tons)
Exports of Aqueous Paint and Varnish in Ethiopia
In 2022, shipments abroad of paints and varnishes dispersed or dissolved in an aqueous medium was finally on the rise to reach 825 kg after two years of decline. Over the period under review, exports, however, continue to indicate a dramatic shrinkage.
In value terms, aqueous paint and varnish exports surged to $1.9K in 2022. In general, exports, however, showed a dramatic setback.
| Export of Aqueous Paint and Varnish in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 33.2 | 1.1 | 1.3 | 1.5 | -64.4% |
| Malawi | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Benin | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | 1.8 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
| Total | 35.6 | 1.6 | 1.6 | 1.9 | -62.3% |
Top Export Markets for Aqueous Paint and Varnish from Ethiopia in 2022:
- Somalia (747.0 kg)
- Benin (55.0 kg)
- Malawi (18.0 kg)
This report provides an in-depth analysis of the market for aqueous paint and varnish in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
- Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for aqueous paint and varnish in Ethiopia.
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This report provides an in-depth analysis of the paint and varnish market in Ethiopia.
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This report provides an in-depth analysis of the global market for aqueous paint and varnish.
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This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
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This report provides an in-depth analysis of the market for aqueous paint and varnish in Ethiopia.
246
This report provides an in-depth analysis of the paint and varnish market in Ethiopia.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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