Australia - Oil And Water Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oil and Water Paints and Varnishes in Australia - 2023
Contents:
- Price for Oil and Water Paints and Varnishes in Australia (CIF) - 2022
- Price for Oil and Water Paints and Varnishes in Australia (FOB) - 2022
- Imports of Oil and Water Paints and Varnishes in Australia
- Exports of Oil and Water Paints and Varnishes in Australia
Price for Oil and Water Paints and Varnishes in Australia (CIF) - 2022
In 2022, the average import price for oil and water paints and varnishes amounted to $7,458 per ton, approximately reflecting the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil and water paints and varnishes decreased by -8.6% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum at $8,163 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 ($18,904 per ton), while the price for Italy ($2,460 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil and Water Paints and Varnishes in Australia (FOB) - 2022
The average export price for oil and water paints and varnishes stood at $6,432 per ton in 2022, picking up by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 an increase of 23%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($34,313 per ton), while the average price for exports to the United States ($3,155 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 China (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil and Water Paints and Varnishes in Australia
In 2022, after three years of growth, there was significant decline in purchases abroad of oil and water paints and varnishes, when their volume decreased by -14.2% to 681 tons. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19%. As a result, imports attained the peak of 794 tons, and then dropped in the following year.
In value terms, imports of oil and water paints and varnishes declined to $5.1M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11%.
| Import of Oil and Water Paints and Varnishes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 465 | 1,110 | 827 | 1,047 | 31.1% |
| United States | 1,376 | 1,546 | 1,556 | 862 | -14.4% |
| United Kingdom | 945 | 370 | 992 | 824 | -4.5% |
| Italy | 383 | 381 | 405 | 497 | 9.1% |
| Indonesia | 4.3 | 227 | 254 | 379 | 345.0% |
| Taiwan (Chinese) | 2.2 | N/A | 255 | 318 | 424.8% |
| Thailand | 4.4 | 381 | 496 | 256 | 287.5% |
| Greece | 144 | 155 | 218 | 185 | 8.7% |
| New Zealand | 112 | 72.4 | 316 | 149 | 10.0% |
| Vietnam | 428 | 611 | 2.3 | 103 | -37.8% |
| Netherlands | 251 | 135 | 55.4 | 69.7 | -34.8% |
| Spain | 175 | 47.4 | 86.3 | 44.6 | -36.6% |
| China | 165 | 83.0 | 61.6 | 8.1 | -63.4% |
| Others | 457 | 316 | 374 | 340 | -9.4% |
| Total | 4,913 | 5,436 | 5,896 | 5,082 | 1.1% |
Top Suppliers of Oil and Water Paints and Varnishes to Australia in 2022:
- Italy (202.1 tons)
- United Kingdom (72.5 tons)
- United States (67.7 tons)
- Germany (55.4 tons)
- Thailand (52.9 tons)
- Taiwan (Chinese) (52.3 tons)
- Greece (48.3 tons)
- Indonesia (43.0 tons)
- New Zealand (34.5 tons)
- Spain (8.7 tons)
- Netherlands (6.5 tons)
- Vietnam (4.7 tons)
- China (1.3 tons)
Exports of Oil and Water Paints and Varnishes in Australia
After two years of decline, overseas shipments of oil and water paints and varnishes increased by 5.1% to 403 tons in 2022. Over the period under review, exports, however, faced a deep reduction.
In value terms, exports of oil and water paints and varnishes totaled $2.6M in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 13%.
| Export of Oil and Water Paints and Varnishes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,331 | 635 | 909 | 717 | -18.6% |
| Indonesia | 364 | 252 | 151 | 645 | 21.0% |
| Thailand | 109 | 171 | 264 | 270 | 35.3% |
| Qatar | 74.9 | 49.2 | N/A | 130 | 20.2% |
| United States | 27.4 | 101 | 97.3 | 120 | 63.6% |
| Fiji | 102 | 76.3 | 94.7 | 117 | 4.7% |
| Malaysia | 132 | 68.9 | 112 | 70.1 | -19.0% |
| South Korea | 276 | 174 | 134 | 65.4 | -38.1% |
| Philippines | 30.7 | 5.5 | 65.4 | 23.3 | -8.8% |
| India | 168 | 130 | 179 | 18.7 | -51.9% |
| Myanmar | 35.7 | 102 | 15.3 | N/A | -34.5% |
| Others | 481 | 331 | 354 | 416 | -4.7% |
| Total | 3,130 | 2,095 | 2,375 | 2,592 | -6.1% |
Top Export Markets for Oil and Water Paints and Varnishes from Australia in 2022:
- Indonesia (154.6 tons)
- New Zealand (88.1 tons)
- United States (38.0 tons)
- Thailand (36.5 tons)
- Malaysia (19.4 tons)
- Fiji (10.5 tons)
- South Korea (10.3 tons)
- Qatar (5.5 tons)
- Philippines (4.7 tons)
- India (3.2 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in Australia. 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 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- 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
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