Saudi Arabia - Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Non-Aqueous Paint and Varnish in Saudi Arabia - 2021
Contents:
- Price for Non-Aqueous Paint and Varnish in Saudi Arabia (CIF) - 2022
- Price for Non-Aqueous Paint and Varnish in Saudi Arabia (FOB) - 2022
- Imports of Non-Aqueous Paint and Varnish in Saudi Arabia
- Exports of Non-Aqueous Paint and Varnish in Saudi Arabia
Price for Non-Aqueous Paint and Varnish in Saudi Arabia (CIF) - 2022
In 2022, the average non-aqueous paint and varnish import price amounted to $3,272 per ton, with a decrease of -3.5% against the previous year. Over the period under review, the import price saw a mild reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $4,608 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($7,503 per ton), while the price for Egypt ($2,207 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Aqueous Paint and Varnish in Saudi Arabia (FOB) - 2022
The average non-aqueous paint and varnish export price stood at $3,133 per ton in 2022, falling by -9% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2016 an increase of 84% against the previous year. As a result, the export price reached the peak level of $4,404 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($7,459 per ton), while the average price for exports to Jordan ($1,298 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 Kuwait (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Aqueous Paint and Varnish in Saudi Arabia
In 2022, overseas purchases of paints and varnishes dispersed or dissolved in a non-aqueous medium decreased by -12.8% to 30K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-aqueous paint and varnish imports declined rapidly to $99M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year.
| Import of Non-Aqueous Paint and Varnish in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 28.3 | 37.9 | 42.7 | 35.2 | 7.5% |
| Egypt | 14.6 | 11.7 | 12.6 | 13.7 | -2.1% |
| South Korea | 16.5 | 14.0 | 13.0 | 13.7 | -6.0% |
| Bahrain | 2.7 | 10.5 | 7.8 | 7.4 | 39.9% |
| United Kingdom | 6.5 | 5.2 | 5.9 | 6.0 | -2.6% |
| Germany | 4.3 | 3.9 | 4.8 | 4.9 | 4.5% |
| Italy | 3.1 | 4.4 | 3.7 | 3.5 | 4.1% |
| United States | 5.1 | 2.5 | 3.3 | 3.3 | -13.5% |
| Netherlands | 1.6 | 1.2 | 2.0 | 2.2 | 11.2% |
| Jordan | 2.3 | 3.5 | 9.1 | 1.3 | -17.3% |
| Turkey | 0.9 | 1.0 | N/A | N/A | 11.1% |
| Others | 10.7 | 14.6 | 12.8 | 7.9 | -9.6% |
| Total | 96.7 | 110 | 118 | 99.0 | 0.8% |
Top Suppliers of Non-Aqueous Paint and Varnish to Saudi Arabia in 2022:
- United Arab Emirates (12.7K tons)
- Egypt (6.2K tons)
- South Korea (2.8K tons)
- Bahrain (2.2K tons)
- Germany (1.1K tons)
- United Kingdom (0.8K tons)
- United States (0.7K tons)
- Italy (0.7K tons)
- Netherlands (0.6K tons)
- Jordan (0.5K tons)
Exports of Non-Aqueous Paint and Varnish in Saudi Arabia
In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium exported from Saudi Arabia shrank to 5K tons, falling by -11.5% on the previous year's figure. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 33%.
In value terms, non-aqueous paint and varnish exports reduced notably to $16M in 2022. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 64%. As a result, the exports reached the peak of $19M, and then fell markedly in the following year.
| Export of Non-Aqueous Paint and Varnish in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.5 | 1.5 | 2.6 | 4.0 | 100.0% |
| Oman | 4.8 | 4.3 | 3.3 | 3.5 | -10.0% |
| United Arab Emirates | 8.0 | 2.6 | 2.5 | 3.0 | -27.9% |
| Turkey | 0.1 | 0.3 | 1.7 | 2.1 | 175.9% |
| Bahrain | 1.1 | 0.6 | 0.4 | 0.8 | -10.1% |
| Jordan | 1.2 | 0.6 | 0.7 | 0.6 | -20.6% |
| Kuwait | 0.2 | 0.5 | 0.5 | 0.5 | 35.7% |
| Russia | 1.2 | N/A | 0.7 | N/A | -23.6% |
| Others | 2.3 | 1.5 | 7.1 | 1.2 | -19.5% |
| Total | 19.4 | 11.9 | 19.4 | 15.6 | -7.0% |
Top Export Markets for Non-Aqueous Paint and Varnish from Saudi Arabia in 2022:
- Oman (1486.6 tons)
- United Arab Emirates (806.6 tons)
- Turkey (717.2 tons)
- Netherlands (534.5 tons)
- Jordan (488.7 tons)
- Bahrain (340.5 tons)
- Kuwait (271.6 tons)
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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
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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 non-aqueous paint and varnish in Saudi Arabia.
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This report provides an in-depth analysis of the paint and varnish market in Saudi Arabia.
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This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
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This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Saudi Arabia.
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This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
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