Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,383 per ton, picking up by 66% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. Over the period under review, average import prices reached the maximum at $7,784 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($6,431 per ton), while the price for Saudi Arabia ($951 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 (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $2,254 per ton in 2022, growing by 7% against the previous year. In general, the export price, however, saw a mild reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 16%. The export price peaked at $2,623 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,265 per ton), while the average price for exports to Qatar totaled $1,779 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+3.8%), 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 Oman
In 2022, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Oman reduced dramatically to 759 tons, which is down by -41.6% on 2021 figures. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of 1.3K tons, and then fell dramatically in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium fell slightly to $4.1M in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 4.2% against the previous year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3,995 | 2,830 | 1,874 | 1,985 | -20.8% |
| United Kingdom | 12.5 | 24.1 | 33.3 | 695 | 281.7% |
| Belgium | 108 | 167 | 210 | 427 | 58.1% |
| Lebanon | 99.4 | 149 | 144 | 270 | 39.5% |
| China | 31.0 | 50.4 | 273 | 267 | 105.0% |
| Italy | 282 | 142 | 177 | 143 | -20.3% |
| Saudi Arabia | 43.0 | 43.8 | 340 | 95.8 | 30.6% |
| Netherlands | 152 | 106 | 319 | 1.3 | -79.5% |
| Hong Kong SAR | 41.2 | 41.1 | 44.0 | N/A | 3.3% |
| Egypt | 269 | 56.3 | 479 | N/A | 33.4% |
| Others | 464 | 446 | 334 | 205 | -23.8% |
| Total | 5,498 | 4,055 | 4,226 | 4,087 | -9.4% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Oman in 2022:
- United Arab Emirates (308.6 tons)
- United Kingdom (108.0 tons)
- Saudi Arabia (100.7 tons)
- Lebanon (81.5 tons)
- Belgium (66.3 tons)
- China (41.5 tons)
- Italy (22.2 tons)
- Netherlands (0.2 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Oman soared to 1.2K tons, jumping by 34% on the previous year. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.3% against 2020 indices. 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 acrylic or vinyl polymers, non-aqueous medium surged to $2.8M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2019 indices. 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 Acrylic or Vinyl Polymers, Non-Aqueous Medium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,285 | 1,528 | 1,814 | 2,659 | 27.4% |
| Qatar | 132 | 137 | 45.9 | 62.6 | -22.0% |
| Others | 333 | 124 | 97.0 | 77.2 | -38.6% |
| Total | 1,750 | 1,790 | 1,957 | 2,799 | 16.9% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Oman in 2022:
- United Arab Emirates (1174.2 tons)
- Qatar (35.2 tons)
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