Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Qatar - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Qatar (CIF) - 2023
  2. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Qatar

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Qatar (CIF) - 2023

The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,542 per ton in October 2023, surging by 99% against the previous month. In general, the import price saw a pronounced increase. The import price peaked at $8,268 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($14,686 per ton), while the price for Jordan ($3,312 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 Saudi Arabia (+22.3%), 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 Qatar

Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Qatar shrank significantly to 1.2K tons in 2022, which is down by -18.1% on the previous year's figure. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium fell modestly to $6.3M in 2022. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 51%.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9333607921,41815.0%
United Kingdom4153741,17972920.7%
Turkey840699432549-13.2%
China4832827005252.8%
Netherlands1,35974.7477516-27.6%
Lebanon757400746457-15.5%
Jordan3651675813962.8%
AustriaN/A63.0256317124.3%
Spain16291.027123312.9%
SloveniaN/AN/AN/A2150%
India19963.52192081.5%
Malaysia401195350180-23.4%
Oman13717299.366.2-21.5%
Others2,8601,426514495-44.3%
Total8,9124,3676,6156,304-10.9%

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

  1. China (296.6 tons)
  2. Turkey (181.4 tons)
  3. Germany (115.0 tons)
  4. Jordan (91.5 tons)
  5. United Kingdom (84.2 tons)
  6. India (69.8 tons)
  7. Lebanon (69.2 tons)
  8. Oman (46.9 tons)
  9. Slovenia (45.6 tons)
  10. Netherlands (39.7 tons)
  11. Austria (34.7 tons)
  12. Spain (34.4 tons)
  13. Malaysia (32.0 tons)

Source: IndexBox Market Intelligence Platform

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