Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,518 per ton, picking up by 4.9% against the previous year. In general, the import price, however, showed a slight decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 63% against the previous year. The import price peaked at $5,112 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,253 per ton), while the price for the United Arab Emirates ($1,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $3,195 per ton, approximately equating the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of 159% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,296 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($9,075 per ton), while the average price for exports to Russia stood at $1,237 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+19.6%), while the prices for the other major destinations experienced a decline.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan

In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Azerbaijan rose markedly to 1.2K tons, picking up by 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium surged to $5.4M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,1612,1942,4313,05012.2%
Poland18943079091569.2%
Germany2352682972755.4%
Russia367190235213-16.6%
Italy18.054.364.3170111.4%
China1371681231564.4%
United Arab Emirates38525511365.6-44.6%
Iran65.179.329.915.6-37.9%
Others633491537508-7.1%
Total4,1904,1294,6205,3688.6%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Azerbaijan in 2022:

  1. Turkey (701.5 tons)
  2. Poland (185.3 tons)
  3. China (77.8 tons)
  4. Russia (46.2 tons)
  5. Italy (38.8 tons)
  6. Germany (37.9 tons)
  7. United Arab Emirates (35.9 tons)
  8. Iran (5.6 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan

In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Azerbaijan stood at 651 kg, standing approx. at the year before. In general, exports showed a dramatic curtailment. The smallest decline of -95.7% was in 2020.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $2.1K in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -88.8% was in 2020.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GeorgiaN/A2.1N/A1.5-15.5%
RussiaN/AN/AN/A0.60%
Turkmenistan6.2N/AN/AN/A0%
Kyrgyzstan17.80.6N/AN/A-96.6%
Others0.1N/AN/AN/A0%
Total24.12.7N/A2.1-55.7%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Azerbaijan in 2022:

  1. Russia (490.0 kg)
  2. Georgia (160.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Non-Aqueous Medium - Azerbaijan