Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya - 2022
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya (CIF) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,092 per ton, surging by 4.4% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 acrylic or vinyl polymers, non-aqueous medium increased by +48.6% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 62%. The import price peaked at $5,094 per ton in 2018; afterwards, it flattened through to 2022.
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 the Netherlands ($12,278 per ton), while the price for Tunisia ($2,177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Libya fell markedly to 815 tons, waning by -21% against 2021. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium declined notably to $4.1M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $5M, and then declined notably in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1,710 | 1,794 | 2,535 | 2,013 | 5.6% |
| Tunisia | 814 | 553 | 591 | 737 | -3.3% |
| Netherlands | 663 | 358 | 588 | 471 | -10.8% |
| Turkey | 119 | 109 | 156 | 146 | 7.1% |
| South Korea | 9.4 | 55.6 | 298 | 85.4 | 108.7% |
| Spain | 66.6 | 66.1 | 113 | 82.4 | 7.4% |
| Italy | 111 | 82.5 | 57.7 | 80.4 | -10.2% |
| China | 203 | 85.0 | 10.5 | 55.3 | -35.2% |
| United Arab Emirates | 102 | 25.8 | 300 | 16.1 | -46.0% |
| Others | 375 | 136 | 383 | 463 | 7.3% |
| Total | 4,172 | 3,265 | 5,031 | 4,148 | -0.2% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Libya in 2022:
- Tunisia (338.3 tons)
- Egypt (263.4 tons)
- Turkey (50.4 tons)
- Netherlands (38.3 tons)
- Spain (37.8 tons)
- China (18.1 tons)
- United Arab Emirates (7.0 tons)
- Italy (6.1 tons)
- South Korea (5.9 tons)
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