Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,213 per ton in 2022, shrinking by -2.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. As a result, import price attained the peak level of $4,051 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 the UK ($5,586 per ton), while the price for Turkey ($859 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+35.7%), 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 Saudi Arabia (FOB) - 2022
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,742 per ton in 2022, increasing by 6.6% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +12.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53% against the previous year. The export price peaked at $3,689 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,563 per ton), while the average price for exports to Oman ($657 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 Libya (+20.3%), 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 Saudi Arabia
In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium was finally on the rise to reach 4.7K tons after two years of decline. In general, imports, however, saw a abrupt shrinkage.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium totaled $15M in 2022. Overall, imports, however, faced a abrupt curtailment.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.5 | 7.9 | 6.3 | 4.7 | -17.9% |
| Jordan | 0.8 | 1.4 | 6.0 | 3.8 | 68.1% |
| United Kingdom | 3.6 | 0.3 | N/A | 1.8 | -20.6% |
| Germany | 2.1 | 1.3 | N/A | 1.7 | -6.8% |
| Egypt | 1.8 | 0.9 | N/A | 1.1 | -15.1% |
| Turkey | 0.9 | 0.5 | N/A | 0.5 | -17.8% |
| Italy | 0.8 | 1.2 | 0.3 | 0.5 | -14.5% |
| Others | 3.1 | 2.2 | 1.7 | 0.9 | -33.8% |
| Total | 21.7 | 15.8 | 14.3 | 15.0 | -11.6% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Saudi Arabia in 2022:
- Jordan (1301.1 tons)
- United Arab Emirates (1003.9 tons)
- Egypt (728.6 tons)
- Turkey (592.1 tons)
- Germany (360.6 tons)
- United Kingdom (323.2 tons)
- Italy (101.8 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia
Exports of paints and varnishes, based on polyesters, non-aqueous medium from Saudi Arabia shrank to 348 tons in 2022, which is down by -14.6% against the year before. Over the period under review, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium reduced to $955K in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.2 | 25.2 | 108 | 321 | 324.4% |
| Bahrain | 4.1 | 27.4 | 23.4 | 233 | 284.5% |
| Jordan | 22.1 | N/A | 73.4 | 124 | 77.7% |
| India | N/A | N/A | N/A | 109 | 0% |
| China | N/A | N/A | N/A | 71.0 | 0% |
| Kuwait | 143 | 85.6 | 151 | 56.0 | -26.8% |
| Oman | 22.0 | N/A | 0.6 | 9.2 | -25.2% |
| Egypt | N/A | 32.3 | 179 | N/A | 454.2% |
| Iraq | N/A | 20.8 | 222 | N/A | 967.3% |
| Others | 1,532 | 669 | 292 | 31.5 | -72.6% |
| Total | 1,727 | 860 | 1,050 | 955 | -17.9% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Saudi Arabia in 2022:
- Bahrain (125.5 tons)
- United Arab Emirates (90.8 tons)
- India (63.5 tons)
- Jordan (23.8 tons)
- Oman (14.1 tons)
- China (12.8 tons)
- Kuwait (10.8 tons)
279
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Saudi Arabia.
929
This report provides an in-depth analysis of the paint and varnish market in Saudi Arabia.
425
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
3535
This report provides an in-depth analysis of the global paint and varnish market.
279
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Saudi Arabia.
425
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
164
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
1708
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
3046
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
