Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan (CIF) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,654 per ton, picking up by 4.5% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 48% against the previous year. The import price peaked at $5,158 per ton in 2020; however, from 2021 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 Egypt ($8,573 per ton), while the price for Saudi Arabia ($980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+25.3%), while the prices for the other major suppliers experienced a decline.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan
In 2022, overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were finally on the rise to reach 470 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt shrinkage.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $2.2M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1,730 | 2,104 | 1,172 | 1,124 | -13.4% |
| United Arab Emirates | 162 | 446 | 414 | 819 | 71.6% |
| Saudi Arabia | 78.4 | 93.6 | 108 | 188 | 33.8% |
| Others | 27.6 | 10.5 | 23.4 | 54.7 | 25.6% |
| Total | 1,998 | 2,654 | 1,718 | 2,186 | 3.0% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Sudan in 2022:
- Saudi Arabia (192.2 tons)
- United Arab Emirates (140.4 tons)
- Egypt (131.1 tons)
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