Tunisia: Market for Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium 2024

Market Size for Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium in Tunisia

The Tunisian aqueous paint and varnish market rose to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium in Tunisia

In value terms, aqueous paint and varnish production rose significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium

Exports from Tunisia

In 2022, approx. X tons of paints and varnishes dispersed or dissolved in an aqueous medium were exported from Tunisia; growing by X% on 2021 figures. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aqueous paint and varnish exports soared to $X in 2022. Overall, exports, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Libya (X tons), Burkina Faso (X tons) and Gabon (X tons) were the main destinations of aqueous paint and varnish exports from Tunisia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Gabon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Libya ($X), Burkina Faso ($X) and France ($X) appeared to be the largest markets for aqueous paint and varnish exported from Tunisia worldwide, with a combined X% share of total exports. Gabon, Cote d'Ivoire, Algeria and Madagascar lagged somewhat behind, together accounting for a further X%.

Gabon, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aqueous paint and varnish export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, saw a pronounced increase. The growth pace was the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Gabon ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium

Imports into Tunisia

After four years of decline, supplies from abroad of paints and varnishes dispersed or dissolved in an aqueous medium decreased by X% to X tons in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, aqueous paint and varnish imports rose to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of aqueous paint and varnish imports to Tunisia, together accounting for X% of total imports. Portugal, the Netherlands, France and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aqueous paint and varnish suppliers to Tunisia were Italy ($X), Germany ($X) and Portugal ($X), together comprising X% of total imports.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aqueous paint and varnish import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average 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 Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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