Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,936 per ton, with an increase of 2.7% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $5,366 per ton in 2014; however, from 2015 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 ($8,093 per ton), while the price for Thailand ($1,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), 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 Iran (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $1,632 per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $2,358 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($5,955 per ton), while the average price for exports to Uzbekistan ($315 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 Armenia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran
In 2022, supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -12.7% to 4.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 5.5K tons, and then contracted in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $14M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $16M, and then reduced in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.5 | 2.3 | 3.8 | 4.5 | 21.6% |
| Turkey | 2.7 | 2.7 | 3.4 | 4.4 | 17.7% |
| China | 2.5 | 4.1 | 4.0 | 1.2 | -21.7% |
| Germany | 0.8 | 1.0 | 1.3 | 1.2 | 14.5% |
| Czech Republic | N/A | 0.2 | 0.4 | 0.5 | 58.1% |
| Australia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Italy | 0.6 | 0.2 | 1.5 | 0.2 | -30.7% |
| Japan | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Thailand | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 1.5 | 1.7 | 0.9 | 1.5 | 0.0% |
| Total | 11.0 | 12.6 | 15.9 | 14.2 | 8.9% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Iran in 2022:
- United Arab Emirates (2484.8 tons)
- Turkey (941.3 tons)
- China (443.9 tons)
- Germany (151.9 tons)
- Thailand (134.4 tons)
- Japan (121.7 tons)
- Italy (119.9 tons)
- Australia (98.9 tons)
- Czech Republic (87.6 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran
In 2022, approx. 1.5K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were exported from Iran; with an increase of 3.4% compared with the previous year. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 192%. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $2.5M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 178% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 355 | 1,295 | 256 | 1,075 | 44.7% |
| Kyrgyzstan | 347 | 964 | 1,787 | 660 | 23.9% |
| Armenia | 4.0 | 25.9 | 47.3 | 224 | 282.6% |
| Iraq | 112 | 130 | 104 | 205 | 22.3% |
| Tajikistan | 22.9 | 9.4 | 40.1 | 166 | 93.5% |
| Turkey | 7.3 | 37.1 | 65.7 | 27.1 | 54.8% |
| Uzbekistan | 10.0 | 15.3 | 16.5 | 15.7 | 16.2% |
| Others | 58.3 | 74.9 | 100 | 110 | 23.6% |
| Total | 916 | 2,551 | 2,416 | 2,484 | 39.5% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Iran in 2022:
- Afghanistan (642.7 tons)
- Tajikistan (314.5 tons)
- Kyrgyzstan (313.9 tons)
- Iraq (91.7 tons)
- Uzbekistan (49.9 tons)
- Armenia (37.6 tons)
- Turkey (19.8 tons)
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