Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $5,400 per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2014 an increase of 36%. Over the period under review, average import prices attained the maximum at $5,469 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($10,967 per ton), while the price for Hong Kong SAR ($1,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.5%), 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 Bangladesh (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $2,612 per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the export price posted measured growth. The pace of growth appeared the most rapid in 2020 an increase of 95% against the previous year. As a result, the export price attained the peak level of $7,158 per ton. From 2021 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 Canada ($2,950 per ton), while the average price for exports to Thailand totaled $809 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+1,039.6%), 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 Bangladesh
In 2022, approx. 1.1K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Bangladesh; declining by -5.7% compared with 2021 figures. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 12%.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $5.7M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of $6.1M, and then dropped in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 733 | 767 | 1,068 | 1,127 | 15.4% |
| China | 1,280 | 1,331 | 944 | 916 | -10.6% |
| Japan | 610 | 460 | 919 | 780 | 8.5% |
| Indonesia | 217 | 285 | 416 | 467 | 29.1% |
| Vietnam | 72.9 | 106 | 331 | 454 | 84.0% |
| Singapore | 390 | 317 | 379 | 297 | -8.7% |
| Italy | 459 | 455 | 196 | 277 | -15.5% |
| South Korea | 297 | 310 | 376 | 190 | -13.8% |
| Malaysia | 178 | 227 | 170 | 145 | -6.6% |
| Egypt | 162 | 201 | 183 | 126 | -8.0% |
| Germany | 212 | 170 | 180 | 126 | -15.9% |
| Hong Kong SAR | 217 | 40.1 | 130 | 108 | -20.8% |
| Others | 467 | 608 | 836 | 689 | 13.8% |
| Total | 5,294 | 5,278 | 6,128 | 5,703 | 2.5% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Bangladesh in 2022:
- China (288.0 tons)
- India (179.8 tons)
- Indonesia (111.9 tons)
- Hong Kong SAR (72.8 tons)
- Vietnam (71.4 tons)
- Japan (71.1 tons)
- Italy (55.4 tons)
- South Korea (43.6 tons)
- Singapore (40.9 tons)
- Malaysia (34.6 tons)
- Egypt (19.3 tons)
- Germany (14.1 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh
In 2022, after two years of decline, there was significant growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, when their volume increased by 108% to 3 tons. Over the period under review, exports, however, recorded a sharp descent.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $7.8K in 2022. In general, exports, however, recorded a sharp decrease.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.2 | 2.0 | 0.7 | 7.4 | 233.2% |
| Thailand | N/A | N/A | N/A | 0.4 | 0% |
| Indonesia | N/A | N/A | 1.9 | N/A | 0% |
| Kuwait | 19.7 | N/A | N/A | N/A | 0% |
| Myanmar | 2.5 | 10.7 | N/A | N/A | 328.0% |
| Seychelles | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 22.5 | 12.7 | 2.9 | 7.8 | -29.8% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Bangladesh in 2022:
- Canada (2.5 tons)
- Thailand (0.5 tons)
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