Egypt - Oil And Water Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oil and Water Paints and Varnishes in Egypt - 2023
Contents:
- Price for Oil and Water Paints and Varnishes in Egypt (FOB) - 2022
- Price for Oil and Water Paints and Varnishes in Egypt (CIF) - 2022
- Exports of Oil and Water Paints and Varnishes in Egypt
- Imports of Oil and Water Paints and Varnishes in Egypt
Price for Oil and Water Paints and Varnishes in Egypt (FOB) - 2022
The average export price for oil and water paints and varnishes stood at $7,528 per ton in 2022, increasing by 9.1% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 151%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($7,529 per ton), while the average price for exports to Yemen ($7,528 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 Somalia (+92.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil and Water Paints and Varnishes in Egypt (CIF) - 2022
In 2022, the average import price for oil and water paints and varnishes amounted to $6,963 per ton, rising by 5.6% against the previous year. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 72% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($6,964 per ton) and China ($6,964 per ton), while the price for the UK ($6,963 per ton) and Luxembourg ($6,963 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil and Water Paints and Varnishes in Egypt
In 2022, shipments abroad of oil and water paints and varnishes increased by 395% to 259 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous slump.
In value terms, exports of oil and water paints and varnishes surged to $1.9M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil and Water Paints and Varnishes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 548 | 20.0 | N/A | 1,527 | 40.7% |
| Palestine | 19.3 | 17.3 | 117 | 185 | 112.4% |
| Libya | 80.9 | 50.3 | 126 | 179 | 30.3% |
| Saudi Arabia | 169 | 86.8 | 112 | 12.1 | -58.5% |
| Djibouti | 6.4 | N/A | N/A | N/A | 0% |
| Oman | 20.2 | 14.7 | 1.3 | N/A | -74.6% |
| Algeria | 50.3 | N/A | N/A | N/A | 0% |
| Others | 11.4 | 119 | 5.2 | 47.1 | 60.5% |
| Total | 905 | 308 | 361 | 1,950 | 29.2% |
Top Export Markets for Oil and Water Paints and Varnishes from Egypt in 2022:
- Yemen (202.8 tons)
- Palestine (24.5 tons)
- Libya (23.8 tons)
- Saudi Arabia (1.6 tons)
Imports of Oil and Water Paints and Varnishes in Egypt
Imports of oil and water paints and varnishes into Egypt skyrocketed to 256 tons in 2022, with an increase of 39% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt descent.
In value terms, imports of oil and water paints and varnishes soared to $1.8M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil and Water Paints and Varnishes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 318 | 233 | 0.4 | 350 | 3.2% |
| Italy | 336 | 16.0 | 229 | 314 | -2.2% |
| United States | 17.4 | 112 | 106 | 273 | 150.3% |
| Switzerland | 23.4 | 39.2 | 68.1 | 164 | 91.4% |
| Luxembourg | 84.1 | 95.8 | 76.7 | 116 | 11.3% |
| Belgium | 8.7 | 33.9 | 33.4 | 84.8 | 113.6% |
| Netherlands | 1.7 | 62.0 | 52.4 | 61.9 | 231.4% |
| United Arab Emirates | 11.0 | 157 | N/A | 60.0 | 76.0% |
| Germany | 195 | 5.8 | 60.3 | 51.8 | -35.7% |
| Spain | 13.8 | 4.6 | 8.7 | 51.1 | 54.7% |
| United Kingdom | N/A | 4.8 | 11.8 | 38.6 | 183.6% |
| China | 3.7 | 30.5 | 52.7 | 33.6 | 108.6% |
| Poland | N/A | N/A | 8.9 | 32.4 | 264.0% |
| Others | 174 | 215 | 500 | 148 | -5.3% |
| Total | 1,186 | 1,008 | 1,209 | 1,779 | 14.5% |
Top Suppliers of Oil and Water Paints and Varnishes to Egypt in 2022:
- Turkey (50.2 tons)
- Italy (45.1 tons)
- United States (39.3 tons)
- Switzerland (23.6 tons)
- Luxembourg (16.7 tons)
- Belgium (12.2 tons)
- Netherlands (8.9 tons)
- United Arab Emirates (8.6 tons)
- Germany (7.4 tons)
- Spain (7.3 tons)
- United Kingdom (5.5 tons)
- China (4.8 tons)
- Poland (4.7 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in Egypt. 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 20302213 - Oil paints and varnishes (including enamels and lacquers)
- Prodcom 20302215 - Prepared water pigments for finishing leather, paints and varnishes (including enamels, lacquers and distempers) (excluding of oil)
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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
- 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
-
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
-
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
-
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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