Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Egypt - 2023

Contents:

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

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

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,494 per ton in 2022, surging by 8.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 28%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($5,494 per ton) and Turkey ($5,494 per ton), while the price for South Korea ($5,492 per ton) and the UK ($5,494 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+3.5%), 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 Egypt (FOB) - 2022

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,689 per ton in 2022, with an increase of 6.3% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on polyesters, non-aqueous medium increased by +93.2% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($5,689 per ton) and Ethiopia ($5,689 per ton), while the average price for exports to Mauritania ($5,689 per ton) and Sudan ($5,689 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+9.9%), 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 Egypt

In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Egypt shrank to 1.7K tons, waning by -7.6% on 2021. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium shrank modestly to $9.2M in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.

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

1. Italy (990.9 tons)
2. France (412.2 tons)
3. Germany (131.7 tons)
4. United Kingdom (51.2 tons)
5. Spain (23.1 tons)
6. United States (18.4 tons)
7. United Arab Emirates (6.5 tons)

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

In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic descent.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $6.8M in 2022. Overall, exports, however, saw a mild decline. The pace of growth was the most pronounced in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $9.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Saudi Arabia (337.1 tons)
2. Libya (186.3 tons)
3. Ethiopia (84.2 tons)
4. Palestine (73.8 tons)
5. Nigeria (70.8 tons)
6. Iraq (70.2 tons)
7. Yemen (47.9 tons)
8. Sudan (44.1 tons)
9. Kenya (34.3 tons)
10. Morocco (27.9 tons)
11. Jordan (27.7 tons)
12. Mauritania (26.9 tons)
13. Oman (22.6 tons)

Source: IndexBox Market Intelligence Platform