Report Update: May 1, 2024

Jordan - Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights

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Price for Non-Aqueous Paint and Varnish in Jordan - 2022

Price for Non-Aqueous Paint and Varnish in Jordan (CIF) - 2022

In December 2022, the average non-aqueous paint and varnish import price amounted to $6,060 per ton, standing approximately at the previous month. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $6,090 per ton in January 2022; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Egypt ($6,431 per ton) and the Netherlands ($6,256 per ton), while the price for China ($5,663 per ton) and Turkey ($5,926 per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Aqueous Paint and Varnish in Jordan (FOB) - 2022

The average non-aqueous paint and varnish export price stood at $5,602 per ton in December 2022, stabilizing at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 2% against the previous month. The export price peaked at $5,686 per ton in September 2022; however, from October 2022 to December 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In December 2022, the highest price was recorded for prices to Turkey ($6,500 per ton) and Yemen ($5,686 per ton), while the average price for exports to Kuwait ($5,519 per ton) and Palestine ($5,519 per ton) were amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Aqueous Paint and Varnish in Jordan

In 2022, imports of paints and varnishes dispersed or dissolved in a non-aqueous medium into Jordan shrank rapidly to 3K tons, which is down by -23.6% compared with the year before. In general, imports faced a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 32%.

In value terms, non-aqueous paint and varnish imports fell to $18M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $21M, and then contracted in the following year.

Import of Non-Aqueous Paint and Varnish in Jordan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	8.5	7.4	11.2	8.8	1.2%
Italy	2.0	2.3	3.5	2.2	3.2%
Egypt	0.2	0.2	1.3	1.8	108.0%
Saudi Arabia	0.8	0.5	0.8	1.3	17.6%
Germany	1.0	1.0	1.3	1.0	0.0%
Netherlands	0.9	0.5	1.0	0.7	-8.0%
United States	0.2	0.2	0.2	0.7	51.8%
Lebanon	0.5	0.4	0.5	0.3	-15.7%
Others	1.2	1.8	1.0	1.1	-2.9%
Total	15.4	14.4	20.7	18.0	5.3%

Top Suppliers of Non-Aqueous Paint and Varnish to Jordan in 2022:

United Arab Emirates (1448.1 tons)
Italy (377.5 tons)
Egypt (285.6 tons)
Saudi Arabia (221.7 tons)
Germany (164.6 tons)
United States (115.2 tons)
Netherlands (114.7 tons)
Lebanon (45.7 tons)

Exports of Non-Aqueous Paint and Varnish in Jordan

In 2022, non-aqueous paint and varnish exports from Jordan fell remarkably to 2.4K tons, reducing by -27.9% on the year before. Overall, exports saw a significant decline. The smallest decline of -13.4% was in 2021.

In value terms, non-aqueous paint and varnish exports shrank dramatically to $14M in 2022. The total export value increased at an average annual rate of +5.5% over the period 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 exports increased by 34%. As a result, the exports reached the peak of $17M, and then dropped notably in the following year.

Export of Non-Aqueous Paint and Varnish in Jordan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Palestine	1,102	2,027	6,089	5,079	66.4%
Saudi Arabia	505	495	988	2,131	61.6%
Egypt	59.0	1,734	2,856	1,662	204.3%
United Arab Emirates	18.7	81.7	6.1	824	253.2%
Yemen	1,438	1,417	745	695	-21.5%
Qatar	1,849	2,140	2,392	623	-30.4%
India	420	410	659	472	4.0%
Kuwait	756	378	489	384	-20.2%
Sudan	829	446	229	237	-34.1%
Iraq	1,083	576	488	196	-43.4%
Guinea	314	50.4	42.8	149	-22.0%
Cameroon	409	169	N/A	N/A	-58.7%
Angola	769	629	N/A	N/A	-18.2%
Others	1,986	1,801	1,620	1,111	-17.6%
Total	11,539	12,353	16,604	13,565	5.5%

Top Export Markets for Non-Aqueous Paint and Varnish from Jordan in 2022:

Palestine (892.1 tons)
Saudi Arabia (374.5 tons)
Egypt (275.1 tons)
United Arab Emirates (144.8 tons)
Yemen (120.6 tons)
Qatar (108.5 tons)
India (81.8 tons)
Kuwait (67.5 tons)
Sudan (41.1 tons)
Iraq (34.0 tons)
Guinea (25.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Jordan. 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 20301225 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium, weight of the solvent > .50 % of the weight of the solution including enamels and lacquers
Prodcom 20301229 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium including enamels and lacquers excluding weight of the solvent > .50 % of the weight of the solution
Prodcom 20301230 - Paints and varnishes, based on acrylic or vinyl polymers dispersed/dissolved in non-aqueous medium, weight of the solvent > .50 % of the solution weight including enamels and lacquers
Prodcom 20301250 - Other paints and varnishes based on acrylic or vinyl polymers
Prodcom 20301270 - Paints and varnishes: solutions n.e.c.
Prodcom 20301290 - Other paints and varnishes based on synthetic polymers n.e.c.

Country coverage:

Jordan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Jordan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023