Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $4,042 per ton, which is down by -3.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $4,258 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,062 per ton), while the price for Oman ($775 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.6%), 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 the United Arab Emirates (FOB) - 2022
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $1,950 per ton in 2022, waning by -44.3% against the previous year. Overall, the export price showed a perceptible downturn. The pace of growth was the most pronounced in 2018 an increase of 26%. The export price peaked at $3,899 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($5,779 per ton), while the average price for exports to Senegal ($428 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 Algeria (+18.6%), 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 the United Arab Emirates
In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium was finally on the rise to reach 7.9K tons after two years of decline. Overall, imports recorded a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium soared to $32M in 2022. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.1 | N/A | N/A | 8.2 | 334.4% |
| Germany | 3.1 | 2.7 | 3.7 | 5.0 | 17.3% |
| Italy | 5.0 | 5.2 | 4.9 | 4.5 | -3.5% |
| India | 2.0 | 1.7 | 2.1 | 2.8 | 11.9% |
| United Kingdom | 1.0 | 1.0 | 0.8 | 2.4 | 33.9% |
| Oman | 2.9 | 1.3 | 1.0 | 1.5 | -19.7% |
| France | 1.8 | 1.2 | 1.0 | 0.8 | -23.7% |
| Saudi Arabia | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Others | 4.6 | 2.2 | 3.7 | 6.4 | 11.6% |
| Total | 20.5 | 15.4 | 17.3 | 32.1 | 16.1% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to the United Arab Emirates in 2022:
- Malaysia (2533.2 tons)
- Oman (1889.9 tons)
- Italy (1003.0 tons)
- Germany (876.5 tons)
- India (382.4 tons)
- United Kingdom (308.2 tons)
- Saudi Arabia (150.4 tons)
- France (64.2 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium, which increased by 150% to 15K tons in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $29M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 8.6 | 7.9 | 7.1 | 8.7 | 0.4% |
| Cameroon | N/A | N/A | 0.1 | 6.0 | 5900.0% |
| Angola | N/A | N/A | 0.1 | 3.8 | 3700.0% |
| Iraq | N/A | N/A | N/A | 1.4 | 0% |
| Oman | 1.0 | 1.4 | 0.8 | 1.3 | 9.1% |
| India | 5.9 | 5.7 | 6.9 | 0.8 | -48.6% |
| Senegal | N/A | N/A | N/A | 0.7 | 0% |
| Central African Republic | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 1.9 | 2.3 | 5.8 | 6.0 | 46.7% |
| Total | 17.5 | 17.3 | 20.8 | 29.0 | 18.3% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from the United Arab Emirates in 2022:
- Cameroon (4.2K tons)
- Angola (2.2K tons)
- Saudi Arabia (1.8K tons)
- Senegal (1.5K tons)
- Oman (0.8K tons)
- Central African Republic (0.8K tons)
- Iraq (0.7K tons)
- India (0.1K tons)
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This report provides an in-depth analysis of the market for non-aqueous paint and varnish in the United Arab Emirates.
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