Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iraq - 2022

Contents:

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

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

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,653 per ton, shrinking by -11.7% against the previous year. In general, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum at $3,560 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,038 per ton), while the price for Kuwait ($661 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 (+11.7%), 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 Iraq (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $7,593 per ton, waning by -6% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices attained the maximum at $8,080 per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +17.2% per year.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iraq

In 2022, purchases abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by 22% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded notably to $4.6M in 2022. Overall, imports, however, recorded a abrupt setback.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,7021,7721,5281,126-12.9%
Netherlands6372261757967.7%
Egypt837502674556-12.7%
China20338575.749834.9%
United Arab Emirates663654484360-18.4%
Lebanon324453437323-0.1%
Jordan249251249190-8.6%
Spain76.193.511314022.5%
TunisiaN/AN/A65.8133102.1%
Italy29574.2101111-27.8%
Iran17413293.283.1-21.8%
Germany49397.736.678.3-45.8%
Kuwait23.014.831.622.1-1.3%
Others179230179149-5.9%
Total5,8564,8864,2434,564-8.0%

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

  1. Turkey (731.0 tons)
  2. Tunisia (192.1 tons)
  3. Egypt (120.1 tons)
  4. Lebanon (115.8 tons)
  5. China (112.6 tons)
  6. Netherlands (99.0 tons)
  7. United Arab Emirates (71.0 tons)
  8. Iran (60.9 tons)
  9. Jordan (48.9 tons)
  10. Germany (38.7 tons)
  11. Italy (37.2 tons)
  12. Kuwait (33.5 tons)
  13. Spain (31.7 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iraq

In 2022, after two years of decline, there was significant growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, when their volume increased by 8% to 1.7 tons. In general, exports, however, continue to indicate a deep setback.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded slightly to $13K in 2022. Over the period under review, exports, however, recorded a mild shrinkage.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13.513.112.712.9-1.5%
OthersN/AN/AN/AN/A0%
Total13.513.112.712.9-1.5%

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

  1. Turkey (1.7 tons)

Source: IndexBox Market Intelligence Platform

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