Price for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Non-Aqueous Medium in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,907 per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $5,909 per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,654 per ton), while the price for China ($1,966 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.9%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,953 per ton, increasing by 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2017 when the average export price increased by 26%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($5,651 per ton), while the average price for exports to Zambia ($486 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 Saudi Arabia (+7.0%), 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 the United Arab Emirates

Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into the United Arab Emirates plummeted to 5.6K tons in 2022, shrinking by -18.2% compared with 2021 figures. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $33M in 2022. Over the period under review, imports saw a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of $34M, and then declined modestly in the following year.

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

1. Germany (1133.0 tons)
2. Oman (506.8 tons)
3. China (478.2 tons)
4. Belgium (477.1 tons)
5. Italy (450.1 tons)
6. United Kingdom (401.5 tons)
7. Saudi Arabia (279.3 tons)
8. Netherlands (276.5 tons)
9. Egypt (240.5 tons)
10. India (207.8 tons)
11. Japan (142.4 tons)
12. Austria (140.3 tons)
13. Malaysia (129.0 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in the United Arab Emirates

Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from the United Arab Emirates stood at 6.6K tons in 2022, with an increase of 3.4% compared with the previous year. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 6.1% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $19M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Saudi Arabia (778.1 tons)
2. Mexico (317.7 tons)
3. Cameroon (311.6 tons)
4. Sudan (301.2 tons)
5. Ethiopia (256.4 tons)
6. Ghana (252.6 tons)
7. Senegal (234.2 tons)
8. Oman (222.8 tons)
9. United Kingdom (215.9 tons)
10. Zambia (211.2 tons)
11. Bahrain (199.7 tons)
12. Tunisia (184.8 tons)
13. Jordan (182.7 tons)

Source: IndexBox Market Intelligence Platform