Indonesia - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Aqueous Paint and Varnish in Indonesia - 2022
Contents:
- Price for Aqueous Paint and Varnish in Indonesia (CIF) - 2022
- Price for Aqueous Paint and Varnish in Indonesia (FOB) - 2022
- Imports of Aqueous Paint and Varnish in Indonesia
- Exports of Aqueous Paint and Varnish in Indonesia
Price for Aqueous Paint and Varnish in Indonesia (CIF) - 2022
The average aqueous paint and varnish import price stood at $3,473 per ton in March 2022, with an increase of 9.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2021 an increase of 26% against the previous month. The import price peaked at $3,676 per ton in March 2021; however, from April 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was South Korea ($6,094 per ton), while the price for the UK ($1,392 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aqueous Paint and Varnish in Indonesia (FOB) - 2022
The average aqueous paint and varnish export price stood at $1,981 per ton in 2022, growing by 19% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. As a result, the export price reached the peak level of $2,126 per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Australia ($4,702 per ton), while the average price for exports to Timor-Leste ($1,378 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 South Africa (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aqueous Paint and Varnish in Indonesia
In 2022, approx. 15K tons of paints and varnishes dispersed or dissolved in an aqueous medium were imported into Indonesia; growing by 2.2% compared with the year before. In general, imports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year.
In value terms, aqueous paint and varnish imports stood at $51M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Aqueous Paint and Varnish in Indonesia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 3.8 | 5.7 | 5.5 | 9.4 | 35.2% |
China | 3.2 | 4.6 | 7.1 | 6.9 | 29.2% |
Singapore | 8.7 | 6.5 | 6.6 | 6.3 | -10.2% |
Malaysia | 4.3 | 4.1 | 4.0 | 4.7 | 3.0% |
Taiwan (Chinese) | 4.0 | 3.1 | 3.8 | 3.9 | -0.8% |
Japan | 4.6 | 2.9 | 4.0 | 3.7 | -7.0% |
Vietnam | 0.8 | 1.3 | 2.1 | 3.5 | 63.6% |
Netherlands | 2.9 | 2.4 | 3.1 | 2.8 | -1.2% |
Thailand | 5.4 | 2.0 | 2.0 | 2.4 | -23.7% |
Germany | 0.9 | 0.5 | 0.9 | 1.3 | 13.0% |
Philippines | 1.3 | 0.7 | 1.5 | 1.1 | -5.4% |
United Kingdom | 1.3 | 1.1 | 1.3 | 0.8 | -14.9% |
United States | 1.3 | 1.1 | 0.6 | 0.8 | -14.9% |
Others | 4.3 | 3.8 | 6.6 | 4.1 | -1.6% |
Total | 47.0 | 40.0 | 49.3 | 51.5 | 3.1% |
Top Suppliers of Aqueous Paint and Varnish to Indonesia in 2022:
- Singapore (2.5K tons)
- China (1.8K tons)
- Taiwan (Chinese) (1.7K tons)
- Malaysia (1.7K tons)
- South Korea (1.5K tons)
- Vietnam (1.2K tons)
- Japan (0.9K tons)
- Thailand (0.8K tons)
- United Kingdom (0.5K tons)
- Netherlands (0.5K tons)
- Germany (0.5K tons)
- Philippines (0.4K tons)
- United States (0.4K tons)
Exports of Aqueous Paint and Varnish in Indonesia
For the fourth year in a row, Indonesia recorded growth in overseas shipments of paints and varnishes dispersed or dissolved in an aqueous medium, which increased by 17% to 4.3K tons in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, aqueous paint and varnish exports surged to $8.6M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Aqueous Paint and Varnish in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Timor-Leste | 1,520 | 1,581 | 2,077 | 2,717 | 21.4% |
Vietnam | 824 | 431 | 748 | 1,397 | 19.2% |
South Africa | 319 | 1,072 | 1,169 | 1,134 | 52.6% |
Malaysia | 156 | 232 | 538 | 795 | 72.1% |
Singapore | 469 | 462 | 558 | 595 | 8.3% |
Australia | 76.7 | N/A | 0.5 | 465 | 82.3% |
Myanmar | 103 | 62.3 | 24.9 | 233 | 31.3% |
Philippines | 322 | 342 | 464 | 162 | -20.5% |
Others | 1,044 | 441 | 593 | 1,057 | 0.4% |
Total | 4,832 | 4,623 | 6,173 | 8,554 | 21.0% |
Top Export Markets for Aqueous Paint and Varnish from Indonesia in 2022:
- Timor-Leste (1971.9 tons)
- South Africa (572.2 tons)
- Vietnam (548.9 tons)
- Malaysia (455.9 tons)
- Singapore (135.7 tons)
- Myanmar (126.6 tons)
- Australia (98.9 tons)
- Philippines (67.7 tons)
This report provides an in-depth analysis of the market for aqueous paint and varnish in Indonesia. 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
Country coverage:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
This report provides an in-depth analysis of the market for aqueous paint and varnish in Indonesia.
This report provides an in-depth analysis of the paint and varnish market in Indonesia.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Indonesia.
This report provides an in-depth analysis of the market for metal spiral or discs spring in Indonesia.
This report provides an in-depth analysis of the global market for aqueous paint and varnish.
This report provides an in-depth analysis of the global paint and varnish market.
This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
This report provides an in-depth analysis of the market for aqueous paint and varnish in Indonesia.
This report provides an in-depth analysis of the paint and varnish market in Indonesia.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...