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

Contents:

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

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

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,167 per ton in 2022, jumping by 31% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +62.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($5,400 per ton), while the price for Iran ($1,596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), 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 Kazakhstan (FOB) - 2022

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,780 per ton in 2022, surging by 100% against the previous year. In general, the export price posted a perceptible increase. The growth pace was the most rapid in 2015 when the average export price increased by 165%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,040 per ton), while the average price for exports to Kyrgyzstan ($1,683 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 Kyrgyzstan (-4.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -2.8% to 21K tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 when imports increased by 9.9%. As a result, imports attained the peak of 27K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium soared to $46M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia30.231.430.232.62.6%
Iran1.42.03.14.244.2%
Italy0.60.80.93.478.3%
Finland0.10.10.21.7157.1%
Others3.41.91.84.16.4%
Total35.736.336.246.18.9%

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

  1. Russia (16.8K tons)
  2. Iran (2.6K tons)
  3. Italy (0.6K tons)
  4. Finland (0.3K tons)

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

In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Kazakhstan surged to 614 tons, picking up by 448% compared with 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium surged to $3.6M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10952.91403,415215.2%
Uzbekistan22.026.674.156.036.5%
Kyrgyzstan80.410384.753.0-13.0%
Tajikistan43.230.725.226.0-15.6%
Others3.1N/A0.10.4-49.5%
Total2572133243,550139.9%

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

  1. Russia (565.5 tons)
  2. Kyrgyzstan (31.5 tons)
  3. Uzbekistan (9.1 tons)
  4. Tajikistan (8.1 tons)

Source: IndexBox Market Intelligence Platform

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