Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon - 2022

Contents:

  1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon
  4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (CIF) - 2022

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,516 per ton in 2022, rising by 23% against the previous year. Overall, the import price saw a prominent increase. The growth pace was the most rapid in 2018 when the average import price increased by 37% against the previous year. The import price peaked at $3,922 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.5% per year.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $2,097 per ton, with an increase of 35% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 43% against the previous year. The export price peaked at $8,712 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($10,554 per ton), while the average price for exports to Central African Republic stood at $934 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon

In 2022, approx. 288 tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Cameroon; with a decrease of -24.8% compared with the year before. In general, imports, however, showed a tangible increase. The pace of growth was the most pronounced in 2021 when imports increased by 126%. As a result, imports reached the peak of 383 tons, and then declined remarkably in the following year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced to $725K in 2022. Over the period under review, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of $783K, and then shrank in the following year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates26049.657572540.8%
Spain286526172N/A-22.5%
China36.79.84.5N/A-65.0%
France12324.44.5N/A-80.9%
Poland13.228.011.5N/A-6.7%
Others59.328.316.2N/A-47.7%
Total778666783725-2.3%

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Cameroon in 2022:

  1. United Arab Emirates (288.1 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon

In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Cameroon expanded modestly to 21 tons, increasing by 2.3% compared with 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,018%. As a result, the exports reached the peak of 21 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium soared to $44K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 393% against the previous year. As a result, the exports attained the peak of $56K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo2.56.112.826.5119.7%
Central African Republic0.110.53.517.1455.0%
Democratic Republic of the Congo8.8N/AN/AN/A0%
ChadN/A6.914.8N/A114.5%
GhanaN/A32.2N/AN/A0%
OthersN/AN/A0.3N/A0%
Total11.355.731.443.656.8%

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Cameroon in 2022:

  1. Central African Republic (18.3 tons)
  2. Congo (2.5 tons)

Source: IndexBox Market Intelligence Platform

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