Estonia - 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 Estonia - 2023
Contents:
- Price for Oil and Water Paints and Varnishes in Estonia (CIF) - 2022
- Price for Oil and Water Paints and Varnishes in Estonia (FOB) - 2022
- Imports of Oil and Water Paints and Varnishes in Estonia
- Exports of Oil and Water Paints and Varnishes in Estonia
Price for Oil and Water Paints and Varnishes in Estonia (CIF) - 2022
In 2022, the average import price for oil and water paints and varnishes amounted to $2,979 per ton, declining by -9.7% against the previous year. Overall, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 an increase of 57% against the previous year. Over the period under review, average import prices attained the peak figure at $5,214 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,061 per ton), while the price for Finland ($1,605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil and Water Paints and Varnishes in Estonia (FOB) - 2022
The average export price for oil and water paints and varnishes stood at $2,795 per ton in 2022, shrinking by -20% against the previous year. In general, the export price showed a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 19% against the previous year. The export price peaked at $4,013 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($17,791 per ton), while the average price for exports to Sweden ($1,639 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 Lithuania (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil and Water Paints and Varnishes in Estonia
In 2022, supplies from abroad of oil and water paints and varnishes decreased by -14.7% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oil and water paints and varnishes reduced remarkably to $4.4M in 2022. In general, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year.
| Import of Oil and Water Paints and Varnishes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,717 | 1,804 | 1,916 | 1,886 | 3.2% |
| Germany | 1,115 | 1,207 | 1,683 | 1,563 | 11.9% |
| Lithuania | 403 | 481 | 449 | 592 | 13.7% |
| Latvia | 49.3 | 45.0 | 50.8 | 111 | 31.1% |
| Sweden | 115 | 91.9 | 79.7 | 48.4 | -25.1% |
| Others | 626 | 2,055 | 1,586 | 239 | -27.5% |
| Total | 4,025 | 5,684 | 5,765 | 4,441 | 3.3% |
Top Suppliers of Oil and Water Paints and Varnishes to Estonia in 2022:
- Finland (1175.1 tons)
- Lithuania (126.3 tons)
- Germany (97.3 tons)
- Latvia (25.4 tons)
- Sweden (25.1 tons)
Exports of Oil and Water Paints and Varnishes in Estonia
In 2022, overseas shipments of oil and water paints and varnishes decreased by -24.9% to 617 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of oil and water paints and varnishes declined dramatically to $1.7M in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Oil and Water Paints and Varnishes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 468 | 549 | 305 | 421 | -3.5% |
| Finland | 262 | 278 | 283 | 349 | 10.0% |
| Lithuania | 483 | 645 | 463 | 324 | -12.5% |
| Latvia | 444 | 574 | 724 | 263 | -16.0% |
| Norway | 66.3 | 160 | 35.4 | 248 | 55.2% |
| Russia | 53.2 | 89.2 | 152 | 51.0 | -1.4% |
| Netherlands | 214 | 1,613 | 770 | 14.9 | -58.9% |
| Others | 194 | 158 | 135 | 52.8 | -35.2% |
| Total | 2,184 | 4,067 | 2,868 | 1,724 | -7.6% |
Top Export Markets for Oil and Water Paints and Varnishes from Estonia in 2022:
- Sweden (256.8 tons)
- Finland (192.2 tons)
- Norway (81.6 tons)
- Latvia (35.1 tons)
- Russia (23.3 tons)
- Lithuania (18.2 tons)
- Netherlands (2.1 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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
- 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
-
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
-
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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