Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $3,467 per ton, shrinking by -21% against the previous year. Overall, the import price showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, average import prices attained the maximum at $4,948 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($11,990 per ton), while the price for the United States ($525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), 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 Ghana (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $1,864 per ton in 2022, dropping by -14.9% against the previous year. In general, the export price saw a pronounced descent. The growth pace was the most rapid in 2016 when the average export price increased by 182% against the previous year. As a result, the export price reached the peak level of $7,920 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($8,338 per ton), while the average price for exports to Togo ($641 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 Cameroon (+9.8%), while the prices for the other major destinations experienced a decline.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana
Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Ghana soared to 2.1K tons in 2022, jumping by 24% against the previous year's figure. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 dropped to $7.4M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 571 | 3,004 | 3,544 | 3,393 | 81.1% |
| Netherlands | 552 | 2,496 | 2,434 | 1,944 | 52.1% |
| United Arab Emirates | 690 | 207 | 59.6 | 355 | -19.9% |
| United Kingdom | 549 | 76.9 | 112 | 337 | -15.0% |
| United States | 167 | 77.4 | 153 | 132 | -7.5% |
| South Africa | 513 | 45.3 | 185 | 107 | -40.7% |
| Indonesia | 77.5 | 64.5 | 48.9 | 104 | 10.3% |
| Hong Kong SAR | 163 | 95.4 | 50.9 | 76.5 | -22.3% |
| Belgium | 503 | 205 | 38.2 | 51.4 | -53.2% |
| Taiwan (Chinese) | 32.6 | 25.0 | 17.5 | 34.5 | 1.9% |
| Brazil | 718 | 4.7 | 7.5 | 7.7 | -77.9% |
| Canada | 240 | 154 | 3.0 | 0.6 | -86.4% |
| Others | 1,250 | 772 | 831 | 814 | -13.3% |
| Total | 6,026 | 7,227 | 7,486 | 7,356 | 6.9% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Ghana in 2022:
- China (855.5 tons)
- United Arab Emirates (312.4 tons)
- United States (251.6 tons)
- Netherlands (162.1 tons)
- Indonesia (138.2 tons)
- United Kingdom (99.7 tons)
- Taiwan (Chinese) (43.4 tons)
- Hong Kong SAR (43.4 tons)
- South Africa (25.1 tons)
- Belgium (8.6 tons)
- Brazil (2.2 tons)
- Canada (0.1 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana
In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by 259% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous curtailment.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $3.1M in 2022. Over the period under review, exports, however, showed a precipitous slump.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | 0.6 | N/A | 0.4 | 1.1 | 22.4% |
| Togo | 5.3 | 0.5 | 0.4 | 0.8 | -46.8% |
| Cote d'Ivoire | 2.7 | 0.1 | 0.1 | 0.6 | -39.4% |
| Nigeria | 4.8 | 4.4 | 0.1 | 0.4 | -56.3% |
| Senegal | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Benin | 4.9 | 0.1 | N/A | N/A | -98.0% |
| Burkina Faso | 1.1 | 0.1 | N/A | N/A | -90.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.7 | 5.2 | 1.0 | 3.1 | -46.0% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Ghana in 2022:
- Togo (1261.9 tons)
- Cameroon (146.9 tons)
- Cote d'Ivoire (76.4 tons)
- Senegal (63.8 tons)
- Nigeria (61.1 tons)
- Benin (55.7 tons)
- Burkina Faso (6.7 tons)
1166
This report provides an in-depth analysis of the paint and varnish market in Ghana.
235
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Ghana.
3531
This report provides an in-depth analysis of the global paint and varnish market.
424
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
235
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Ghana.
424
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
164
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
1703
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
3042
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
