Tunisia: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Tunisia

The Tunisian market for glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022, rising by 15% against the previous year. In general, consumption posted pronounced growth. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Tunisia

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings expanded sharply to $X in 2022 estimated in export price. In general, production enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Tunisia

In 2022, shipments abroad of glaziers putty, grafting putty, other mastics and painters' fillings decreased by -47.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2015 when exports increased by 340%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings shrank rapidly to $X in 2022. Overall, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 223%. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Libya (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Tunisia, accounting for a 74% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Libya exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), more than tenfold. The third position in this ranking was held by Algeria (X tons), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to Libya totaled +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-0.8% per year) and Algeria (-18.5% per year).

In value terms, Libya ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Tunisia, comprising 39% of total exports. The second position in the ranking was taken by Algeria ($X), with a 12% share of total exports. It was followed by Senegal, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Libya amounted to +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+1.7% per year) and Senegal (+9.6% per year).

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, jumping by 30% against the previous year. Over the period under review, the export price recorded a prominent expansion. The growth pace was the most rapid in 2018 an increase of 137% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Libya ($X 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 Togo (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Tunisia

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings imported into Tunisia rose slightly to X tons, surging by 4.9% compared with 2021. In general, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings stood at $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Tunisia, accounting for a 35% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from Turkey exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +34.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.1% per year) and Belgium (+7.3% per year).

In value terms, France ($X), Germany ($X) and Turkey ($X) were the largest glaziers, grafting putty and painters' filling suppliers to Tunisia, with a combined 62% share of total imports. Belgium, Bahrain, Italy and Spain lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, Bahrain, with a CAGR of +705.8%, 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

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform