Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $3,016 per ton, falling by -6.5% against the previous year. In general, the import price saw a slight setback. The pace of growth was the most pronounced in 2021 an increase of 17%. The import price peaked at $3,602 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,812 per ton), while the price for Indonesia ($1,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (FOB) - 2022
In 2021, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $2,216 per ton, reducing by -57.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 an increase of 80%. Over the period under review, the average export prices hit record highs at $8,276 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2021, the rate of growth in terms of prices for Myanmar amounted to 0.0% per year.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh
Imports of paints and varnishes, based on polyesters, non-aqueous medium into Bangladesh rose rapidly to 863 tons in 2022, picking up by 7.7% on 2021. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 24%. As a result, imports reached the peak of 949 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium amounted to $2.6M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of $2.6M; afterwards, it flattened through to 2022.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 952 | 869 | 1,111 | 1,197 | 7.9% |
| Taiwan (Chinese) | 69.7 | 335 | 339 | 356 | 72.2% |
| China | 500 | 712 | 383 | 319 | -13.9% |
| Russia | 16.1 | 20.3 | 143 | 123 | 97.0% |
| Malaysia | 171 | 102 | 125 | 121 | -10.9% |
| Vietnam | 63.0 | 82.4 | 78.5 | 78.6 | 7.7% |
| South Korea | 40.5 | 52.6 | 21.1 | 58.5 | 13.0% |
| Egypt | 51.8 | 50.4 | 51.6 | 53.0 | 0.8% |
| Indonesia | 17.6 | 26.8 | 29.8 | 47.8 | 39.5% |
| Others | 358 | 373 | 302 | 250 | -11.3% |
| Total | 2,240 | 2,624 | 2,585 | 2,604 | 5.1% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Bangladesh in 2022:
- India (361.2 tons)
- China (142.1 tons)
- Taiwan (Chinese) (93.4 tons)
- Malaysia (66.3 tons)
- Russia (45.5 tons)
- Indonesia (37.7 tons)
- South Korea (23.4 tons)
- Vietnam (17.5 tons)
- Egypt (14.0 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh
In 2021, the amount of paints and varnishes, based on polyesters, non-aqueous medium exported from Bangladesh skyrocketed to 937 kg, increasing by 186% compared with 2020. Over the period under review, exports posted 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 surged to $2.1K in 2021. Overall, exports, however, continue to indicate a significant curtailment.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Myanmar | N/A | N/A | 2.1 | 0% | |
| Austria | 0.2 | N/A | N/A | 0% | |
| Luxembourg | 4.4 | N/A | N/A | 0% | |
| India | N/A | 1.7 | N/A | 0% | |
| Singapore | N/A | N/A | N/A | 0% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 4.6 | 1.7 | 2.1 | -32.4% | |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Bangladesh in 2022:
- Myanmar (937.0 kg)
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