Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $7,235 per ton in 2022, surging by 18% against the previous year. Overall, the import price enjoyed resilient growth. The growth pace was the most rapid in 2020 an increase of 56% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($13,431 per ton), while the price for India ($1,435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.5%), 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 Tanzania (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $2,981 per ton in 2022, surging by 32% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 282% against the previous year. Over the period under review, the average export prices attained the maximum at $4,607 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($3,489 per ton), while the average price for exports to Democratic Republic of the Congo stood at $802 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+7.2%), 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 Tanzania
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Tanzania soared to 81 tons, with an increase of 56% on the previous year. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. As a result, imports reached the peak of 266 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $586K in 2022. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 191%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 7.8 | 23.3 | 67.5 | 320 | 244.9% |
| Egypt | 50.4 | 178 | 41.2 | 82.7 | 17.9% |
| Germany | 1.7 | 0.5 | 2.9 | 70.2 | 245.6% |
| United Kingdom | 13.2 | 19.9 | 3.0 | 48.1 | 53.9% |
| China | 152 | 206 | 18.5 | 11.4 | -57.8% |
| Turkey | 3.8 | 1.3 | 13.9 | 9.0 | 33.3% |
| United Arab Emirates | 21.4 | 46.8 | 5.4 | 3.3 | -46.4% |
| South Africa | 27.8 | 3.7 | 0.9 | 1.9 | -59.1% |
| New Zealand | 60.1 | 306 | 62.2 | N/A | 1.7% |
| Netherlands | 79.4 | 310 | 48.2 | N/A | -22.1% |
| Others | 52.0 | 273 | 52.8 | 39.2 | -9.0% |
| Total | 470 | 1,368 | 317 | 586 | 7.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Tanzania in 2022:
- Egypt (32.9 tons)
- Australia (23.8 tons)
- Turkey (6.1 tons)
- Germany (5.8 tons)
- China (5.0 tons)
- United Kingdom (3.8 tons)
- United Arab Emirates (0.8 tons)
- South Africa (0.3 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Tanzania surged to 429 kg, growing by 20% on the previous year's figure. Overall, exports, however, faced a significant decrease.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $1.3K in 2022. In general, exports, however, recorded a dramatic descent.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1,048 | 142 | 117 | 1,214 | 5.0% |
| Democratic Republic of the Congo | 64.0 | 7.0 | 5.0 | 65.0 | 0.5% |
| Malawi | 132 | 25.0 | 53.0 | N/A | -36.6% |
| Mozambique | 25.0 | N/A | N/A | N/A | 0% |
| Zambia | 4,516 | 670 | 629 | N/A | -62.7% |
| Others | 7.0 | 1.0 | 6.0 | N/A | -7.4% |
| Total | 5,792 | 845 | 810 | 1,279 | -39.6% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Tanzania in 2022:
- Rwanda (348.0 kg)
- Democratic Republic of the Congo (81.0 kg)
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