Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,623 per ton, leveling off at the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 15% against the previous year. As a result, import price attained the peak level of $6,866 per ton. From 2016 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 Japan ($53,453 per ton), while the price for Saudi Arabia ($2,638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,453 per ton, picking up by 46% against the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2013 an increase of 93%. As a result, the export price reached the peak level of $6,048 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($4,785 per ton), while the average price for exports to Pakistan ($714 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 Cyprus (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain
In 2022, approx. 1.1K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Bahrain; growing by 17% on 2021. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $5.3M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 410 | 1,000 | 744 | 864 | 28.2% |
| Saudi Arabia | 172 | 535 | 365 | 860 | 71.0% |
| Switzerland | 310 | 592 | 645 | 613 | 25.5% |
| United Arab Emirates | 1,117 | 590 | 888 | 571 | -20.0% |
| Egypt | 140 | 165 | 151 | 332 | 33.4% |
| Malaysia | 616 | 172 | 89.7 | 292 | -22.0% |
| United States | 27.1 | 37.2 | 184 | 198 | 94.0% |
| China | 160 | 139 | 188 | 185 | 5.0% |
| United Kingdom | 143 | 219 | 128 | 177 | 7.4% |
| Others | 1,241 | 1,239 | 1,094 | 1,198 | -1.2% |
| Total | 4,337 | 4,689 | 4,476 | 5,290 | 6.8% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Bahrain in 2022:
- Saudi Arabia (326.0 tons)
- United Arab Emirates (194.6 tons)
- Switzerland (177.6 tons)
- Germany (114.0 tons)
- Egypt (61.6 tons)
- China (60.8 tons)
- Malaysia (40.0 tons)
- United States (29.3 tons)
- United Kingdom (28.9 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain
In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -83.3% to 132 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 2.8% against the previous year. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium contracted significantly to $722K in 2022. In general, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $3.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 3.6 | 41.7 | 180 | 666.3% |
| Cyprus | N/A | 7.1 | 38.4 | 33.4 | 116.9% |
| United Arab Emirates | N/A | 4.0 | 9.0 | 27.7 | 163.2% |
| Singapore | N/A | 1.3 | 220 | 22.4 | 315.1% |
| Saudi Arabia | 3,057 | 2,761 | 1,485 | 14.2 | -83.3% |
| Pakistan | N/A | N/A | N/A | 4.3 | 0% |
| Netherlands | N/A | 1.1 | 50.8 | 3.1 | 67.9% |
| China | N/A | 266 | 145 | N/A | -45.5% |
| Greece | 10.2 | 73.3 | 524 | N/A | 616.7% |
| Others | 244 | 664 | 437 | 437 | 21.4% |
| Total | 3,312 | 3,780 | 2,950 | 722 | -39.8% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Bahrain in 2022:
- United States (38.3 tons)
- Cyprus (7.0 tons)
- Singapore (6.5 tons)
- United Arab Emirates (6.1 tons)
- Pakistan (6.0 tons)
- Saudi Arabia (4.0 tons)
- Netherlands (1.2 tons)
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