Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,542 per ton, reducing by -25.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 39%. Over the period under review, average import prices hit record highs at $6,123 per ton in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,111 per ton), while the price for China ($1,621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+23.8%), 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 Kenya (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $1,743 per ton, shrinking by -5.4% against the previous year. Overall, the export price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 84%. Over the period under review, the average export prices attained the maximum at $3,160 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($6,774 per ton), while the average price for exports to Rwanda ($1,501 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 Burundi (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Kenya contracted to 496 tons, waning by -5.3% against 2021. Overall, imports recorded a sharp shrinkage.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium contracted dramatically to $2.3M in 2022. In general, imports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2,201 | 1,580 | 1,749 | 1,059 | -21.6% |
| India | 353 | 152 | 121 | 318 | -3.4% |
| Netherlands | 990 | 144 | 534 | 202 | -41.1% |
| China | 125 | 78.8 | 79.0 | 129 | 1.1% |
| Germany | 320 | 160 | 162 | 111 | -29.7% |
| United Kingdom | 180 | 43.0 | 58.7 | 110 | -15.1% |
| South Africa | 150 | 94.3 | 106 | 94.4 | -14.3% |
| United Arab Emirates | 71.5 | 52.7 | 28.2 | 71.2 | -0.1% |
| Austria | 388 | 209 | 111 | 11.3 | -69.2% |
| Turkey | 33.3 | 45.0 | 18.9 | N/A | -24.7% |
| Others | 439 | 331 | 240 | 148 | -30.4% |
| Total | 5,251 | 2,889 | 3,208 | 2,254 | -24.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Kenya in 2022:
- Egypt (230.9 tons)
- China (79.4 tons)
- India (77.1 tons)
- United Arab Emirates (29.8 tons)
- Germany (20.5 tons)
- Netherlands (16.7 tons)
- South Africa (9.2 tons)
- United Kingdom (8.4 tons)
- Austria (1.2 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Kenya surged to 434 tons, picking up by 291% on the previous year. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 450% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $757K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 368%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1.9 | 3.6 | 53.8 | 575 | 571.4% |
| Burundi | 0.3 | 0.1 | 4.2 | 72.8 | 523.7% |
| South Sudan | 0.7 | 0.1 | 0.1 | 57.2 | 333.9% |
| Somalia | 5.8 | 8.9 | 21.4 | 19.6 | 50.1% |
| Democratic Republic of the Congo | 5.9 | 0.5 | 19.3 | N/A | 80.9% |
| Poland | 25.0 | 24.6 | 97.3 | N/A | 97.3% |
| Others | 2.7 | 5.8 | 8.3 | 32.6 | 129.4% |
| Total | 42.4 | 43.7 | 204 | 757 | 161.4% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Kenya in 2022:
- Rwanda (382.8 tons)
- South Sudan (29.5 tons)
- Burundi (10.8 tons)
- Somalia (8.6 tons)
964
This report provides an in-depth analysis of the paint and varnish market in Kenya.
262
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Kenya.
3543
This report provides an in-depth analysis of the global paint and varnish market.
430
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
262
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Kenya.
430
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
165
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.
1709
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. ...
3049
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. ...
