Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia (CIF) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $3,958 per ton, rising by 26% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 41%. The import price peaked at $6,474 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,865 per ton), while the price for the United Arab Emirates ($1,732 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia
In 2022, supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -34.6% to 225 tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 509% against the previous year. As a result, imports attained the peak of 519 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced notably to $889K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 346%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | N/A | N/A | 635 | 517.3% |
| China | 184 | 299 | 71.2 | 131 | -10.7% |
| Italy | 2.9 | 2.6 | 54.9 | 40.8 | 141.4% |
| United Arab Emirates | 21.5 | 64.1 | 34.4 | 2.7 | -49.9% |
| Egypt | 50.5 | 873 | 569 | N/A | 235.7% |
| Others | 30.8 | 64.0 | 346 | 79.6 | 37.2% |
| Total | 292 | 1,302 | 1,076 | 889 | 44.9% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Ethiopia in 2022:
- India (188.3 tons)
- China (26.6 tons)
- Italy (4.6 tons)
- United Arab Emirates (1.6 tons)
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