Spain - Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRecord-breaking Price: $4,396 per Ton for Paint and Varnish in Spain
Spain Paint and Varnish Export Price in April 2023
In April 2023, the paint and varnish price stood at $4,396 per ton (FOB, Spain), rising by 5.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 25% m-o-m. Over the period under review, the average export prices hit record highs in April 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,567 per ton), while the average price for exports to the Dominican Republic ($2,110 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Paint and Varnish in Spain (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| United States | 6,134 | 5,954 | 5,923 | 5,954 | 5,818 | 5,960 | 8,345 | 5,940 | 5,971 | 6,466 | 6,206 | 5,913 | 6,567 |
| Italy | 5,284 | 5,207 | 5,180 | 4,969 | 5,486 | 5,561 | 5,300 | 5,053 | 5,558 | 5,640 | 5,811 | 6,021 | 5,774 |
| Germany | 4,471 | 4,102 | 4,978 | 4,366 | 5,190 | 4,932 | 3,924 | 4,260 | 4,913 | 4,613 | 4,841 | 4,093 | 5,027 |
| Poland | 4,107 | 3,980 | 4,459 | 4,071 | 3,518 | 4,101 | 3,824 | 4,819 | 4,329 | 4,111 | 4,279 | 4,510 | 4,751 |
| Belgium | 4,269 | 3,993 | 4,386 | 4,686 | 3,722 | 3,990 | 3,723 | 4,581 | 3,604 | 4,473 | 4,918 | 5,099 | 4,684 |
| Morocco | 3,325 | 3,780 | 3,660 | 3,616 | 3,783 | 3,597 | 3,709 | 3,958 | 5,012 | 3,266 | 3,725 | 4,350 | 4,374 |
| France | 4,035 | 3,863 | 4,432 | 4,227 | 4,203 | 3,879 | 4,066 | 4,034 | 4,285 | 4,443 | 4,645 | 4,199 | 4,323 |
| Portugal | 3,856 | 3,752 | 3,820 | 3,219 | 3,500 | 3,659 | 3,498 | 3,932 | 4,120 | 1,991 | 3,829 | 3,728 | 4,280 |
| Netherlands | 4,171 | 3,224 | 3,984 | 3,921 | 3,751 | 3,913 | 4,116 | 4,059 | 4,782 | 4,485 | 5,070 | 4,643 | 3,978 |
| United Kingdom | 3,855 | 3,394 | 3,747 | 3,454 | 4,115 | 3,797 | 2,794 | 3,550 | 3,388 | 4,408 | 4,333 | 3,780 | 3,844 |
| Turkey | 3,481 | 3,413 | 4,563 | 3,571 | 4,290 | 3,576 | 3,910 | 3,427 | 4,734 | 3,882 | 4,135 | 3,584 | 3,794 |
| Czech Republic | 2,134 | 2,239 | 2,330 | 3,195 | 2,494 | 2,261 | 2,397 | 2,469 | 2,477 | 2,533 | 2,335 | 2,135 | 2,264 |
| Dominican Republic | 2,050 | 1,917 | 1,778 | 2,288 | 1,846 | 1,587 | 1,660 | 1,506 | 1,756 | 1,667 | 3,248 | 2,609 | 2,110 |
| Average | 3,977 | 3,816 | 4,125 | 3,876 | 3,960 | 3,880 | 3,802 | 3,947 | 4,037 | 3,520 | 4,385 | 4,156 | 4,396 |
Spain Paint and Varnish Exports
In April 2023, the amount of paints and varnishes exported from Spain shrank notably to 17K tons, which is down by -20.7% against the previous month's figure. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 with an increase of 46% m-o-m.
In value terms, paint and varnish exports dropped markedly to $73M (IndexBox estimates) in April 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 with an increase of 43% against the previous month.
Spain Paint and Varnish Exports by Country
France (2.8K tons), Portugal (2.7K tons) and Germany (1.4K tons) were the main destinations of paint and varnish exports from Spain, together accounting for 41% of total exports. These countries were followed by the UK, Italy, Poland, Belgium, the Netherlands, Turkey, Morocco, the Czech Republic, the United States and the Dominican Republic, which together accounted for a further 34%.
From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +2.1%), while the other leaders experienced more modest paces of growth.
In value terms, France ($12M), Portugal ($11M) and Germany ($7.2M) constituted the largest markets for paint and varnish exported from Spain worldwide, with a combined 42% share of total exports. These countries were followed by Italy, the UK, Poland, Belgium, the Netherlands, Morocco, the United States, Turkey, the Czech Republic and the Dominican Republic, which together accounted for a further 33%.
Belgium, with a CAGR of +2.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the paint and varnish market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
