United Arab Emirates: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the United Arab Emirates

In 2021, the market for paint, distemper, varnish or similar brushes, paint pads and rollers in the United Arab Emirates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a slight downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

Exports from the United Arab Emirates

After three years of decline, shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 41% to X units in 2021. In general, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by 145% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021. Over the period under review, exports showed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 187% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Oman (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the United Arab Emirates, accounting for a 55% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Oman exceeded the volume sent to the second major destination, Gambia (X units), threefold. The third position in this ranking was taken by Maldives (X units), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gambia (+34.1% per year) and Maldives (+12.4% per year).

In value terms, Oman ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from the United Arab Emirates, comprising 72% of total exports. The second position in the ranking was held by Gambia ($X), with an 11% share of total exports. It was followed by Maldives, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman amounted to +35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gambia (+21.6% per year) and Maldives (+9.4% per year).

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, which is down by -6.5% against the previous year. Overall, the export price showed a perceptible slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 30% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Maldives ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+13.1%), while the prices for the other major destinations experienced a decline.

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

Imports into the United Arab Emirates

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. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 31% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 20%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main paint, distemper, varnish or similar brush, paint pad and roller supplier to the United Arab Emirates, accounting for a 91% share of total imports. It was followed by Turkey (X units), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -1.1%.

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to the United Arab Emirates, comprising 77% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -1.6%.

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 55%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.5%).

Source: IndexBox Platform