Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola - 2022

Contents:

  1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (CIF) - 2022
  2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola
  4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $3,595 per ton, jumping by 30% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for paints and varnishes, based on polyesters, non-aqueous medium increased by +116.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 66%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,216 per ton), while the price for Egypt ($532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $18,111 per ton, growing by 946% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Congo.

From 2015 to 2022, the rate of growth in terms of prices for Sao Tome and Principe amounted to +54.1% per year.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola

In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Angola shrank remarkably to 109 tons, reducing by -20.8% on the previous year's figure. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9%.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium rose to $391K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal42.68.331.018964.3%
South Africa0.12.51.995.9886.1%
Egypt10.81.1N/A14.410.1%
United Arab Emirates42418533714.0-67.9%
China17.62.32.010.8-15.0%
Others43.68.27.167.315.6%
Total539207379391-10.1%

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Angola in 2022:

  1. Portugal (53.3 tons)
  2. Egypt (27.0 tons)
  3. South Africa (11.7 tons)
  4. China (7.2 tons)
  5. United Arab Emirates (5.0 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola

In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -99.1% to 18 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9,648%. As a result, the exports attained the peak of 2 tons, and then declined notably in the following year.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium dropped rapidly to $326 in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 6,589%. As a result, the exports reached the peak of $3.5K, and then fell notably in the following year.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CongoN/AN/AN/A0.30%
United Arab EmiratesN/AN/A3.5N/A0%
Others0.10.1N/AN/A0.0%
Total0.10.13.50.344.2%

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Angola in 2022:

  1. Congo (18.0 kg)

Source: IndexBox Market Intelligence Platform

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