Italy - 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 Italy - 2023
Contents:
- Price for Oil and Water Paints and Varnishes in Italy (FOB) - 2022
- Price for Oil and Water Paints and Varnishes in Italy (CIF) - 2023
- Exports of Oil and Water Paints and Varnishes in Italy
- Imports of Oil and Water Paints and Varnishes in Italy
Price for Oil and Water Paints and Varnishes in Italy (FOB) - 2022
The average export price for oil and water paints and varnishes stood at $3,898 per ton in 2022, rising by 3.3% against the previous year. Over the period under review, the export price, however, recorded a slight slump. The pace of growth was the most pronounced in 2018 an increase of 6.1% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,559 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 France ($5,127 per ton), while the average price for exports to Albania ($1,798 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 Albania (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil and Water Paints and Varnishes in Italy (CIF) - 2023
The average import price for oil and water paints and varnishes stood at $5,171 per ton in September 2023, with a decrease of -6.4% against the previous month. In general, the import price saw a slight slump. The growth pace was the most rapid in June 2023 when the average import price increased by 45% month-to-month. Over the period under review, average import prices hit record highs at $7,494 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($47,349 per ton), while the price for Germany ($3,845 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil and Water Paints and Varnishes in Italy
In 2022, exports of oil and water paints and varnishes from Italy dropped to 14K tons, waning by -12.2% compared with the previous year. Over the period under review, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports reached the peak of 16K tons, and then fell in the following year.
In value terms, exports of oil and water paints and varnishes dropped to $56M in 2022. In general, exports saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $61M, and then declined in the following year.
| Export of Oil and Water Paints and Varnishes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.7 | 5.7 | 6.7 | 5.7 | 0.0% |
| France | 4.1 | 3.7 | 4.9 | 4.5 | 3.2% |
| China | 6.5 | 7.6 | 8.9 | 3.7 | -17.1% |
| Turkey | 1.9 | 1.7 | 2.4 | 2.9 | 15.1% |
| Portugal | 2.2 | 2.2 | 2.9 | 2.9 | 9.6% |
| Spain | 4.8 | 3.3 | 3.0 | 2.8 | -16.4% |
| Germany | 4.8 | 4.0 | 2.4 | 2.2 | -22.9% |
| Israel | 1.1 | 1.1 | 1.4 | 1.8 | 17.8% |
| India | 1.6 | 1.1 | 1.7 | 1.7 | 2.0% |
| Czech Republic | 0.5 | 1.3 | 0.4 | 1.4 | 40.9% |
| Romania | 1.3 | 1.2 | 1.5 | 1.3 | 0.0% |
| Pakistan | 1.0 | 1.1 | 1.7 | 1.2 | 6.3% |
| Albania | 0.3 | 0.2 | 0.5 | 0.6 | 26.0% |
| Others | 21.6 | 18.0 | 22.8 | 23.1 | 2.3% |
| Total | 57.3 | 52.3 | 61.3 | 55.6 | -1.0% |
Top Export Markets for Oil and Water Paints and Varnishes from Italy in 2022:
- Poland (2.5K tons)
- France (0.9K tons)
- Turkey (0.8K tons)
- China (0.8K tons)
- Spain (0.8K tons)
- Portugal (0.7K tons)
- India (0.5K tons)
- Germany (0.5K tons)
- Pakistan (0.4K tons)
- Romania (0.4K tons)
- Albania (0.4K tons)
- Czech Republic (0.4K tons)
- Israel (0.4K tons)
Imports of Oil and Water Paints and Varnishes in Italy
Imports of oil and water paints and varnishes into Italy expanded markedly to 5.7K tons in 2022, increasing by 7.2% compared with the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of oil and water paints and varnishes rose sharply to $25M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Oil and Water Paints and Varnishes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 7.3 | 11.4 | 11.7 | 19.8% |
| Netherlands | 1.4 | 1.5 | 2.5 | 4.3 | 45.4% |
| France | 3.2 | 3.2 | 3.9 | 3.8 | 5.9% |
| Sweden | 0.9 | 0.7 | 0.9 | 1.1 | 6.9% |
| Belgium | N/A | 0.2 | 0.2 | 0.9 | 112.1% |
| Spain | 0.8 | 0.7 | 0.6 | 0.7 | -4.4% |
| Poland | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Austria | 0.7 | 0.5 | 0.1 | 0.1 | -47.7% |
| Others | 1.8 | 1.7 | 1.6 | 1.7 | -1.9% |
| Total | 15.7 | 16.0 | 21.5 | 24.6 | 16.1% |
Top Suppliers of Oil and Water Paints and Varnishes to Italy in 2022:
- Germany (2529.3 tons)
- Netherlands (1500.1 tons)
- France (814.3 tons)
- Poland (189.4 tons)
- Spain (180.1 tons)
- Sweden (115.4 tons)
- Belgium (111.3 tons)
- Austria (17.7 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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