Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sudan - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sudan (CIF) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sudan
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sudan (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,435 per ton in 2022, reducing by -13.7% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56%. The import price peaked at $4,535 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($9,718 per ton), while the price for Kuwait ($1,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+20.2%), 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 Sudan
In 2022, approx. 187 tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Sudan; picking up by 26% on the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of 226 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 totaled $643K in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 125%. As a result, imports reached the peak of $696K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 29.5 | 35.5 | 76.0 | 252 | 104.4% |
| Egypt | 185 | 511 | 418 | 246 | 10.0% |
| Turkey | 28.8 | 50.2 | 45.1 | 50.3 | 20.4% |
| Kuwait | 16.1 | 49.3 | 10.6 | 35.7 | 30.4% |
| Saudi Arabia | 21.0 | 31.3 | 17.3 | 25.2 | 6.3% |
| Others | 29.4 | 18.5 | 23.9 | 34.1 | 5.1% |
| Total | 310 | 696 | 590 | 643 | 27.5% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Sudan in 2022:
- United Arab Emirates (88.5 tons)
- Egypt (35.6 tons)
- Kuwait (31.2 tons)
- Saudi Arabia (21.4 tons)
- Turkey (5.2 tons)
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