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

Contents:

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

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

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,027 per ton, rising by 4.6% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 decreased by -18.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 106% against the previous year. As a result, import price reached the peak level of $6,681 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,213 per ton), while the price for China ($947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.1%), 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 Uganda (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,619 per ton, dropping by -9.1% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by +10.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54%. Over the period under review, the average export prices reached the maximum at $4,428 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($16,900 per ton), while the average price for exports to South Sudan ($2,347 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium was finally on the rise to reach 53 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt shrinkage.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium rose remarkably to $215K in 2022. Over the period under review, imports, however, continue to indicate a sharp shrinkage.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt10712487.51173.0%
AustriaN/AN/AN/A27.30%
Belgium11.79.57.413.75.4%
India11.22.89.213.56.4%
China1.72.11.611.890.8%
Kenya30.49.411.011.8-27.1%
United Arab Emirates4.60.41.04.92.1%
Italy29.54.25.73.8-49.5%
Netherlands23330.152.13.3-75.8%
Turkey18.89.63.61.6-56.0%
South Africa4.642.10.60.3-59.7%
SpainN/AN/A9.6N/A0%
Others35.92.23.25.3-47.1%
Total489237192215-24.0%

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

  1. Egypt (23.7 tons)
  2. China (12.5 tons)
  3. Austria (3.9 tons)
  4. Kenya (3.8 tons)
  5. India (3.2 tons)
  6. Belgium (2.5 tons)
  7. United Arab Emirates (1.6 tons)
  8. Italy (0.9 tons)
  9. Netherlands (0.4 tons)
  10. Turkey (0.2 tons)
  11. South Africa (0.1 tons)

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

After three years of growth, shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -17.8% to 22 tons in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 134%.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium contracted dramatically to $59K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 120% against the previous year.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan5.016.338.839.398.8%
Burundi0.10.910.912.5400.0%
Democratic Republic of the Congo8.920.927.96.4-10.4%
Others3.60.60.80.3-56.3%
Total17.638.778.458.549.2%

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

  1. South Sudan (16.8 tons)
  2. Burundi (4.4 tons)
  3. Democratic Republic of the Congo (1.1 tons)

Source: IndexBox Market Intelligence Platform

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