Tunisia: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Tunisia

The Tunisian market for spray guns and similar appliances surged to $X in 2022, rising by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a mild expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from Tunisia

Spray guns and similar appliances exports from Tunisia skyrocketed to X units in 2022, jumping by 54% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 275% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports skyrocketed to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 201% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for spray guns and similar appliances exports from Tunisia, with a 63% share of total exports. Moreover, spray guns and similar appliances exports to Germany exceeded the volume sent to the second major destination, Kazakhstan (X units), fivefold. Poland (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +70.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (0.0% per year) and Poland (+76.0% per year).

In value terms, Germany ($X), Kazakhstan ($X) and Mexico ($X) constituted the largest markets for spray guns and similar appliances exported from Tunisia worldwide, with a combined 86% share of total exports. China, Turkey, Poland and the UK lagged somewhat behind, together accounting for a further 6.8%.

Among the main countries of destination, Poland, with a CAGR of +59.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for spray guns and similar appliances stood at $X per unit in 2022, reducing by -10.4% against the previous year. In general, the export price recorded a slight curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 134%. The export price peaked at $X per unit 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Tunisia

Spray guns and similar appliances imports into Tunisia rose rapidly to X units in 2022, with an increase of 8.2% against 2021. Overall, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of 71% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, spray guns and similar appliances imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 66% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest spray guns and similar appliances supplier to Tunisia, accounting for a 55% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. France (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.4% per year) and France (+19.9% per year).

In value terms, Germany ($X), China ($X) and Italy ($X) constituted the largest spray guns and similar appliances suppliers to Tunisia, with a combined 65% share of total imports. Turkey, France and the UK lagged somewhat behind, together accounting for a further 24%.

Among the main suppliers, Turkey, with a CAGR of +25.3%, saw the highest rates of growth with regard to 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 import price for spray guns and similar appliances amounted to $X per unit, growing by 42% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 116%. The import price peaked in 2022 and is likely to continue 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform