Middle East: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2025

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the Middle East

The Middle Eastern market for paint, distemper, varnish or similar brushes, paint pads and rollers dropped to $X in 2021, waning by -6.7% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.0% against 2012 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the Middle East

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed prominent growth. The growth pace was the most rapid in 2018 when the production volume increased by 27%. The level of production peaked at $X in 2020, and then declined in the following year.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports in the Middle East

For the sixth year in a row, the Middle East recorded growth in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 15% to X units in 2021. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.9% against 2015 indices. The pace of growth was the most pronounced in 2013 when exports increased by 24% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +52.2% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 15%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Turkey prevails in rollers structure, resulting at X units, which was near 90% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), comprising an 8.9% share of total exports.

Exports from Turkey increased at an average annual rate of +9.4% from 2012 to 2021. At the same time, the United Arab Emirates (+14.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +14.0% from 2012-2021. While the share of the United Arab Emirates (+2.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest paint, distemper, varnish or similar brush, paint pad and roller supplier in the Middle East, comprising 92% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Turkey amounted to +5.7%.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, declining by -6.3% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 4.8%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-2.0%).

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports in the Middle East

In 2021, supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 45% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X units) and Iraq (X units) represented the key importers of paint, distemper, varnish or similar brushes, paint pads and rollers in the Middle East, together mixing up 53% of total imports. Israel (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Iran (9.1%) and Kuwait (5%). The following importers - Turkey (X units), Qatar (X units), Yemen (X units), Oman (X units), Jordan (X units) and Bahrain (X units) - together made up 19% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of +23.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller importing markets in the Middle East were Iraq ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 46% share of total imports. Kuwait, Iran, Oman, Yemen, Qatar, Turkey, Jordan and Bahrain lagged somewhat behind, together accounting for a further 22%.

Among the main importing countries, Oman, with a CAGR of +19.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, rising by 12% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth was the most pronounced in 2016 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform