Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon - 2022

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon (CIF) - 2022

The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $3,126 per ton in 2022, which is down by -6.1% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by +4.4% against 2020 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $4,065 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,272 per ton), while the price for Benin ($1,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+56.7%), 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 Cameroon (FOB) - 2022

The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $3,805 per ton in 2022, declining by -22.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 95%. The export price peaked at $4,882 per ton in 2021, and then shrank significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Chad.

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +22.2% per year.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon

In 2022, overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by 2.2% to 203 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant contraction.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $633K in 2022. Over the period under review, imports, however, showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6% against the previous year.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium15392.091.81795.4%
Italy3347.8106124-28.1%
EgyptN/AN/A127111-12.6%
United Arab Emirates15941.158.598.3-14.8%
BeninN/A60.213.640.4-18.1%
China28.86.932.228.80.0%
United Kingdom34138.3N/A18.5-62.1%
SpainN/A5.932.612.646.1%
Morocco0.737.110.78.6130.7%
France1342421355.8-64.9%
Cote d'IvoireN/A14.610.41.9-63.9%
Greece34.9N/A14.9N/A-34.7%
Ghana508N/AN/AN/A0%
Others12961.327.75.0-66.2%
Total1,822607659633-29.7%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Cameroon in 2022:

  1. Belgium (56.7 tons)
  2. United Arab Emirates (55.6 tons)
  3. Benin (33.0 tons)
  4. Italy (17.0 tons)
  5. Egypt (16.8 tons)
  6. Spain (7.4 tons)
  7. China (4.7 tons)
  8. United Kingdom (3.6 tons)
  9. Morocco (2.4 tons)
  10. France (2.0 tons)
  11. Cote d'Ivoire (1.4 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon

In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were finally on the rise to reach 768 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous contraction.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium surged to $2.9K in 2022. Over the period under review, exports, however, faced a dramatic contraction.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chad13.8N/A0.72.9-40.5%
Central African RepublicN/A3.41.8N/A-47.1%
Gabon2.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.63.42.52.9-44.1%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Cameroon in 2022:

  1. Chad (768.0 kg)

Source: IndexBox Market Intelligence Platform

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