Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,528 per ton in 2022, which is down by -28.1% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 polyesters, non-aqueous medium increased by +15.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $4,903 per ton, and then dropped dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($18,483 per ton), while the price for India ($1,663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $8,715 per ton, growing by 210% against the previous year. Overall, the export price continues to indicate a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Bermuda ($24,235 per ton), while the average price for exports to the Netherlands ($152 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 the UK (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain
In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium was finally on the rise to reach 319 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt slump.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $1.1M in 2022. In general, imports, however, continue to indicate a deep reduction.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 626 | 320 | 133 | 409 | -13.2% |
| United Kingdom | 19.8 | 28.2 | 17.2 | 187 | 111.4% |
| Italy | 212 | 142 | 136 | 160 | -9.0% |
| United States | 34.1 | 20.2 | 293 | 66.2 | 24.7% |
| Greece | 53.3 | 29.3 | 23.6 | 64.9 | 6.8% |
| Malaysia | 36.7 | 73.0 | 51.8 | 61.0 | 18.5% |
| Pakistan | N/A | N/A | N/A | 44.6 | 0% |
| United Arab Emirates | 548 | 167 | 133 | 5.1 | -79.0% |
| South Korea | 57.3 | 166 | 32.3 | N/A | -24.9% |
| Others | 123 | 173 | 106 | 129 | 1.6% |
| Total | 1,711 | 1,120 | 927 | 1,126 | -13.0% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Bahrain in 2022:
- Saudi Arabia (207.9 tons)
- Italy (34.2 tons)
- United States (21.0 tons)
- Greece (17.7 tons)
- United Kingdom (10.1 tons)
- Pakistan (9.7 tons)
- Malaysia (5.7 tons)
- United Arab Emirates (1.6 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain
In 2022, the amount of paints and varnishes, based on polyesters, non-aqueous medium exported from Bahrain declined notably to 26 tons, waning by -80.2% against the previous year. Over the period under review, exports continue to indicate a sharp curtailment. The smallest decline of -27.9% was in 2020.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium dropped significantly to $224K in 2022. In general, exports saw a significant decrease. The smallest decline of -33.1% was in 2021.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bermuda | N/A | N/A | N/A | 164 | 0% |
| Saudi Arabia | 799 | 515 | 343 | 40.3 | -63.1% |
| Cyprus | N/A | 1.6 | 1.8 | 1.3 | -9.9% |
| Germany | 0.7 | 3.5 | 1.3 | 1.2 | 19.7% |
| United Kingdom | N/A | N/A | 0.3 | 1.1 | 266.7% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 15.6 | 24.4 | 18.3 | 16.0 | 0.8% |
| Total | 815 | 545 | 364 | 224 | -35.0% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Bahrain in 2022:
- Saudi Arabia (12.5 tons)
- Bermuda (6.8 tons)
- Netherlands (0.5 tons)
- Germany (0.5 tons)
- Cyprus (0.5 tons)
- United Kingdom (0.4 tons)
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