Report Update: May 1, 2024

Germany - Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights

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Paint and Varnish Price in Germany - 2023

Paint and Varnish Price in Germany (FOB) - 2023

In July 2023, the average paint and varnish export price amounted to $5,592 per ton, leveling off at the previous month. Over the period under review, the export price, however, continues to indicate a modest expansion. The pace of growth was the most pronounced in December 2022 when the average export price increased by 7.2% against the previous month. Over the period under review, the average export prices attained the maximum at $5,644 per ton in June 2023, and then reduced modestly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($9,455 per ton), while the average price for exports to the UK ($4,668 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paint and Varnish Price in Germany (CIF) - 2023

The average paint and varnish import price stood at $5,492 per ton in July 2023, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 an increase of 9.8% against the previous month. Over the period under review, average import prices attained the peak figure at $5,535 per ton in April 2023; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($8,982 per ton), while the price for Poland ($3,582 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Paint and Varnish Exports in Germany

In 2022, approx. 811K tons of paints and varnishes were exported from Germany; falling by -6.3% compared with the previous year's figure. In general, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 2.2% against the previous year. As a result, the exports attained the peak of 866K tons, and then contracted in the following year.

In value terms, paint and varnish exports declined to $4B in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports reached the peak of $4.2B, and then shrank in the following year.

Export of Paint and Varnish in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	287	276	308	416	13.2%
Poland	337	321	378	333	-0.4%
Austria	265	266	305	264	-0.1%
France	228	211	255	260	4.5%
Netherlands	224	238	275	249	3.6%
China	167	180	210	191	4.6%
Italy	144	146	198	188	9.3%
Czech Republic	209	196	216	181	-4.7%
Switzerland	157	170	194	174	3.5%
United Kingdom	205	223	168	169	-6.2%
United States	127	119	158	155	6.9%
Turkey	108	108	122	137	8.3%
Spain	133	124	146	136	0.7%
Others	1,094	1,049	1,293	1,102	0.2%
Total	3,684	3,624	4,227	3,955	2.4%

Top Export Markets for Paint and Varnish from Germany in 2022:

Belgium (88.0K tons)
Poland (78.1K tons)
France (73.2K tons)
Austria (60.4K tons)
Netherlands (57.0K tons)
United Kingdom (41.4K tons)
China (40.0K tons)
Italy (38.1K tons)
Switzerland (33.8K tons)
Czech Republic (33.5K tons)
Turkey (28.2K tons)
Spain (26.9K tons)
United States (18.5K tons)

Paint and Varnish Imports in Germany

Paint and varnish imports into Germany declined to 258K tons in 2022, which is down by -7.8% on the previous year's figure. Over the period under review, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 5.5% against the previous year. As a result, imports reached the peak of 280K tons, and then dropped in the following year.

In value terms, paint and varnish imports fell modestly to $1.2B in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $1.2B, and then reduced in the following year.

Import of Paint and Varnish in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	146	136	162	173	5.8%
Belgium	129	112	132	153	5.9%
Italy	124	126	153	147	5.8%
Netherlands	130	140	173	138	2.0%
Switzerland	140	130	132	130	-2.4%
United Kingdom	102	83.3	101	121	5.9%
Austria	89.2	100	119	107	6.3%
Poland	44.8	46.1	56.1	49.9	3.7%
Spain	37.2	38.3	53.9	44.3	6.0%
Sweden	33.1	34.8	46.9	44.2	10.1%
Others	115	103	115	120	1.4%
Total	1,092	1,051	1,244	1,228	4.0%

Top Suppliers of Paint and Varnish to Germany in 2022:

France (43.3K tons)
Netherlands (38.4K tons)
Italy (34.7K tons)
Belgium (26.3K tons)
United Kingdom (24.6K tons)
Austria (18.7K tons)
Switzerland (15.9K tons)
Poland (14.2K tons)
Spain (11.9K tons)
Sweden (11.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paint and varnish market in Germany. 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:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
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