United Arab Emirates: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2022

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the United Arab Emirates

In 2021, the market for paint, distemper, varnish or similar brushes, paint pads and rollers in the United Arab Emirates decreased by -24.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption continues to indicate a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from the United Arab Emirates

In 2021, overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 144% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports saw a strong expansion. Over the period under review, the exports of reached the peak figure at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by 187% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

Saudi Arabia (X units), Mozambique (X units) and Turkey (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the United Arab Emirates, together accounting for 53% of total exports.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +345.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Mozambique ($X) and Turkey ($X) constituted the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from the United Arab Emirates worldwide, with a combined 50% share of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +311.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, shrinking by -10.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then dropped in the following year.

Prices varied noticeably country of destination: the country with the highest price was Bahrain ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into the United Arab Emirates

In 2021, overseas purchases of paint, distemper, varnish or similar brushes, paint pads and rollers decreased by -10% to X units, falling for the third year in a row after two years of growth. In general, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 32% against the previous year. Over the period under review, imports of reached the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers dropped to $X in 2021. Overall, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when imports increased by 20%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller supplier to the United Arab Emirates, with a 85% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+68.9% per year) and Turkey (+46.3% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to the United Arab Emirates, comprising 71% of total imports. The second position in the ranking was held by Malaysia ($X), with a 6.1% share of total imports. It was followed by Turkey, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+64.9% per year) and Turkey (+38.0% per year).

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, surging by 5.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 55% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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