Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,713 per ton in 2022, standing approx. at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15%. The import price peaked at $3,808 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,815 per ton), while the price for China ($1,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), 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 Iran (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $1,715 per ton, declining by -7.6% against the previous year. Overall, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. The export price peaked at $2,751 per ton in 2012; however, from 2013 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 Afghanistan ($2,558 per ton), while the average price for exports to Turkey ($1,242 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 Azerbaijan (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran
In 2022, approx. 4.6K tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Iran; standing approx. at the year before. In general, imports recorded a noticeable decrease. The smallest decline of -1% was in 2021.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium amounted to $17M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 7.5%. As a result, imports reached the peak of $17M; afterwards, it flattened through to 2022.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.6 | 1.1 | 2.7 | 5.1 | 104.1% |
| Italy | 4.6 | 4.2 | 2.3 | 2.5 | -18.4% |
| Turkey | 5.2 | 6.9 | 8.1 | 2.0 | -27.3% |
| Germany | 1.7 | 2.2 | 1.4 | 1.6 | -2.0% |
| France | 0.8 | 0.5 | 0.9 | 1.5 | 23.3% |
| China | 1.1 | 0.4 | 0.5 | 1.4 | 8.4% |
| India | 0.5 | 0.1 | N/A | 0.8 | 17.0% |
| Others | 1.2 | 1.6 | 1.1 | 2.1 | 20.5% |
| Total | 15.8 | 17.0 | 17.0 | 17.0 | 2.5% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Iran in 2022:
- United Arab Emirates (1321.7 tons)
- China (910.4 tons)
- France (482.8 tons)
- Turkey (436.7 tons)
- Italy (423.2 tons)
- Germany (291.7 tons)
- India (256.3 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iran
In 2022, approx. 3.5K tons of paints and varnishes, based on polyesters, non-aqueous medium were exported from Iran; with an increase of 17% against 2021. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium rose remarkably to $6M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of $6.5M. 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 Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2,182 | 2,786 | 2,565 | 2,644 | 6.6% |
| Turkey | 1,310 | 1,597 | 1,816 | 2,052 | 16.1% |
| Tajikistan | 373 | 291 | 117 | 443 | 5.9% |
| Afghanistan | 385 | 548 | 247 | 357 | -2.5% |
| Azerbaijan | 115 | 249 | 145 | 279 | 34.4% |
| Uzbekistan | 714 | 511 | 377 | N/A | -27.3% |
| Others | 561 | 491 | 303 | 246 | -24.0% |
| Total | 5,640 | 6,473 | 5,570 | 6,022 | 2.2% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Iran in 2022:
- Turkey (1652.3 tons)
- Kazakhstan (1207.0 tons)
- Tajikistan (298.9 tons)
- Afghanistan (139.6 tons)
- Azerbaijan (122.9 tons)
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This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Iran.
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