Report Update Nov 1, 2024

Sudan - Paints and Varnishes - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Paint And Varnish Market 2024

Paint And Varnish Market Size in Sudan

The Sudanese paint and varnish market reduced rapidly to $X in 2022, shrinking by -59.5% against the previous year. Over the period under review, consumption saw a drastic downturn. Paint and varnish consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Paint And Varnish Production in Sudan

In value terms, paint and varnish production shrank slightly to $X in 2022 estimated in export price. Overall, production faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Paint And Varnish Exports

Exports from Sudan

In 2022, exports of paints and varnishes from Sudan shrank to X tons, falling by -11.8% on the year before. In general, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of 79%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, paint and varnish exports shrank to $X in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ethiopia (X tons) was the main destination for paint and varnish exports from Sudan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Ethiopia stood at -12.3%.

In value terms, Ethiopia ($X) also remains the key foreign market for paints and varnishes exports from Sudan.

From 2012 to 2022, the average annual growth rate of value to Ethiopia totaled -11.5%.

Export Prices by Country

The average paint and varnish export price stood at $X per ton in 2022, with an increase of 11% against the previous year. In general, the export price enjoyed a slight increase. The growth pace was the most rapid in 2016 an increase of 58%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ethiopia.

From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +0.9% per year.

Paint And Varnish Imports

Imports into Sudan

Paint and varnish imports into Sudan dropped dramatically to X tons in 2022, which is down by -72.4% against the previous year's figure. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, paint and varnish imports shrank dramatically to $X in 2022. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2015 when imports increased by 14%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest paint and varnish supplier to Sudan, accounting for a 39% share of total imports. Moreover, paint and varnish imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Uganda (X tons), threefold. The third position in this ranking was held by Ecuador (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates amounted to -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Uganda (-28.5% per year) and Ecuador (-7.2% per year).

In value terms, the largest paint and varnish suppliers to Sudan were the United Arab Emirates ($X), Egypt ($X) and Ecuador ($X), together accounting for 68% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +4.1%, recorded 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 2022, the average paint and varnish import price amounted to $X per ton, picking up by 64% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 66% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for paints and varnishes in the world?

China constituted the country with the largest volume of paint and varnish consumption, comprising approx. 32% of total volume. Moreover, paint and varnish consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, threefold. The United States ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of paints and varnishes in the world?

China remains the largest paint and varnish producing country worldwide, accounting for 32% of total volume. Moreover, paint and varnish production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Brazil ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of paints and varnishes to Sudan?

In value terms, Egypt, the United Arab Emirates and Ecuador constituted the largest paint and varnish suppliers to Sudan, together comprising 69% of total imports.

What are the leading importers of paints and varnishes from Sudan?

In value terms, the largest markets for paint and varnish exported from Sudan were Uzbekistan and Ethiopia.

What is the average export price for paints and varnishes in Sudan?

The average paint and varnish export price stood at $3,563 per ton in 2021, growing by 30% against the previous year.

What is the average import price for paints and varnishes in Sudan?

In 2021, the average paint and varnish import price amounted to $5,006 per ton, growing by 22% against the previous year.

This report provides an in-depth analysis of the paint and varnish market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
Prodcom 20301225 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium, weight of the solvent > .50 % of the weight of the solution including enamels and lacquers
Prodcom 20301229 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium including enamels and lacquers excluding weight of the solvent > .50 % of the weight of the solution
Prodcom 20301230 - Paints and varnishes, based on acrylic or vinyl polymers dispersed/dissolved in non-aqueous medium, weight of the solvent > .50 % of the solution weight including enamels and lacquers
Prodcom 20301250 - Other paints and varnishes based on acrylic or vinyl polymers
Prodcom 20301270 - Paints and varnishes: solutions n.e.c.
Prodcom 20301290 - Other paints and varnishes based on synthetic polymers n.e.c.
Prodcom 20302213 - Oil paints and varnishes (including enamels and lacquers)
Prodcom 20302215 - Prepared water pigments for finishing leather, paints and varnishes (including enamels, lacquers and distempers) (excluding of oil)

Country coverage:

Sudan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sudan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023