Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,125 per ton in 2022, surging by 1.7% against the previous year. In general, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2018 an increase of 42%. The import price peaked at $3,124 per ton in 2019; however, from 2020 to 2022, 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 France ($10,011 per ton), while the price for Saudi Arabia ($558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+6.2%), 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 Iraq (FOB) - 2022
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,705 per ton in 2022, shrinking by -35.1% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 155% against the previous year. As a result, the export price attained the peak level of $4,168 per ton, and then fell sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +8.2% per year.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq
In 2022, the amount of paints and varnishes, based on polyesters, non-aqueous medium imported into Iraq dropped to 1.2K tons, reducing by -14.2% against the previous year. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium shrank to $2.6M in 2022. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 148 | 268 | 1,162 | 1,121 | 96.4% |
| Turkey | 3,074 | 1,173 | 1,213 | 824 | -35.5% |
| Egypt | 147 | 71.0 | 225 | 174 | 5.8% |
| United States | 269 | 135 | 79.9 | 151 | -17.5% |
| Iran | 288 | 103 | 111 | 96.5 | -30.5% |
| China | 101 | 122 | 29.6 | 92.6 | -2.9% |
| Kuwait | 37.3 | 3.8 | 2.5 | 19.5 | -19.4% |
| Saudi Arabia | 44.4 | 22.9 | 18.4 | 13.7 | -32.4% |
| Others | 568 | 341 | 167 | 132 | -38.5% |
| Total | 4,678 | 2,240 | 3,007 | 2,624 | -17.5% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Iraq in 2022:
- United Arab Emirates (638.8 tons)
- Turkey (361.9 tons)
- Iran (70.9 tons)
- Egypt (39.5 tons)
- China (28.2 tons)
- Kuwait (25.6 tons)
- Saudi Arabia (24.5 tons)
- United States (21.9 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq
In 2022, approx. 4.7 tons of paints and varnishes, based on polyesters, non-aqueous medium were exported from Iraq; with an increase of 23% compared with the previous year. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 107% against the previous year. As a result, the exports attained the peak of 5.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium contracted sharply to $13K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.1 | 1.2 | 7.5 | 12.7 | 35.5% |
| Iran | N/A | 8.3 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 8.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.1 | 9.5 | 15.8 | 12.7 | 35.5% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Iraq in 2022:
- Turkey (4.7 tons)
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