Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan - 2023

Contents:

1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan (CIF) - 2023
2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan (FOB) - 2022
3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan
4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Uzbekistan (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,121 per ton, picking up by 33% against the previous month. Overall, import price indicated noticeable growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for paints and varnishes, based on polyesters, non-aqueous medium increased by +103.3% against April 2023 indices. The growth pace was the most rapid in February 2023 an increase of 55% against the previous month. As a result, import price reached the peak level of $6,383 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($6,576 per ton), while the price for China ($638 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), 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 Uzbekistan (FOB) - 2022

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $1,110 per ton in 2022, dropping by -12.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 133% against the previous year. As a result, the export price reached the peak level of $2,682 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,728 per ton), while the average price for exports to Tajikistan ($1,066 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 9.2K tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Uzbekistan; jumping by 61% compared with the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium soared to $35M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Russia (4.0K tons)
2. China (2.6K tons)
3. Turkey (1.0K tons)
4. Slovenia (0.7K tons)
5. Azerbaijan (0.3K tons)
6. South Korea (0.3K tons)

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

In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Uzbekistan soared to 549 tons, rising by 252% compared with the year before. Over the period under review, exports recorded a significant expansion. 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 skyrocketed to $610K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Tajikistan (520.5 tons)
2. Russia (18.9 tons)

Source: IndexBox Market Intelligence Platform