Russian Federation - 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 Russia - 2022
Contents:
- Price for Oil and Water Paints and Varnishes in Russia (CIF) - 2022
- Price for Oil and Water Paints and Varnishes in Russia (FOB) - 2022
- Imports of Oil and Water Paints and Varnishes in Russia
- Exports of Oil and Water Paints and Varnishes in Russia
Price for Oil and Water Paints and Varnishes in Russia (CIF) - 2022
In 2022, the average import price for oil and water paints and varnishes amounted to $4,204 per ton, shrinking by -6.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33%. The import price peaked at $5,577 per ton in 2013; however, from 2014 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 ($9,067 per ton), while the price for India ($1,451 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil and Water Paints and Varnishes in Russia (FOB) - 2022
In 2022, the average export price for oil and water paints and varnishes amounted to $1,137 per ton, which is down by -21.4% against the previous year. Overall, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,891 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,538 per ton), while the average price for exports to Bulgaria ($859 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 Uzbekistan (+11.2%), while the prices for the other major destinations experienced a decline.
Imports of Oil and Water Paints and Varnishes in Russia
After three years of growth, supplies from abroad of oil and water paints and varnishes decreased by -56% to 3.7K tons in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. As a result, imports reached the peak of 8.5K tons, and then dropped rapidly in the following year.
In value terms, imports of oil and water paints and varnishes reduced rapidly to $16M in 2022. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $38M, and then reduced notably in the following year.
| Import of Oil and Water Paints and Varnishes in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.8 | 11.2 | 14.5 | 2.9 | -30.9% |
| Poland | 1.2 | 1.2 | 1.8 | 1.9 | 16.6% |
| Italy | 1.4 | 1.8 | 2.5 | 1.6 | 4.6% |
| United Kingdom | 1.5 | 1.2 | 1.4 | 1.6 | 2.2% |
| China | 1.8 | 0.2 | 0.4 | 1.5 | -5.9% |
| United States | 1.3 | 0.6 | 0.6 | 1.0 | -8.4% |
| South Korea | 1.5 | 1.4 | 1.7 | 1.0 | -12.6% |
| India | N/A | 0.2 | 0.2 | 0.8 | 100.0% |
| Switzerland | 2.1 | 2.4 | 1.7 | 0.8 | -27.5% |
| Spain | 0.5 | 0.6 | 0.9 | 0.7 | 11.9% |
| Finland | 0.6 | 0.6 | 0.8 | 0.3 | -20.6% |
| Austria | 0.2 | 0.4 | 0.5 | 0.2 | 0.0% |
| Belarus | 5.6 | 5.1 | 6.1 | 0.1 | -73.9% |
| Others | 3.9 | 4.0 | 5.1 | 1.1 | -34.4% |
| Total | 30.2 | 30.9 | 38.2 | 15.6 | -19.8% |
Top Suppliers of Oil and Water Paints and Varnishes to Russia in 2022:
- India (573.0 tons)
- China (565.8 tons)
- Poland (554.3 tons)
- South Korea (376.0 tons)
- Germany (317.2 tons)
- Italy (288.9 tons)
- United States (246.4 tons)
- United Kingdom (202.2 tons)
- Austria (136.2 tons)
- Finland (113.2 tons)
- Spain (84.0 tons)
- Belarus (67.3 tons)
- Switzerland (65.7 tons)
Exports of Oil and Water Paints and Varnishes in Russia
In 2022, approx. 1.3K tons of oil and water paints and varnishes were exported from Russia; declining by -62% compared with the previous year. Overall, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 3.5K tons, and then plummeted in the following year.
In value terms, exports of oil and water paints and varnishes shrank dramatically to $1.5M in 2022. Over the period under review, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, the exports attained the peak of $5M, and then fell remarkably in the following year.
| Export of Oil and Water Paints and Varnishes in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 161 | 196 | 295 | 351 | 29.7% |
| Belarus | 1,118 | 785 | 2,011 | 250 | -39.3% |
| Georgia | 48.9 | 65.4 | 81.2 | 213 | 63.3% |
| Bulgaria | 84.8 | 78.8 | 139 | 205 | 34.2% |
| Greece | 6.7 | 41.4 | 51.4 | 178 | 198.4% |
| Kazakhstan | 646 | 613 | 582 | 130 | -41.4% |
| Ukraine | 107 | 155 | 184 | 52.4 | -21.2% |
| Romania | 94.0 | 108 | 199 | 6.5 | -59.0% |
| Armenia | 92.0 | 74.7 | 65.8 | 0.7 | -80.3% |
| Croatia | 76.8 | 95.1 | 119 | N/A | 24.5% |
| Germany | 268 | 287 | 325 | N/A | 10.1% |
| Uzbekistan | 113 | 99.6 | 233 | N/A | 43.6% |
| Others | 556 | 457 | 703 | 105 | -42.6% |
| Total | 3,372 | 3,056 | 4,988 | 1,492 | -23.8% |
Top Export Markets for Oil and Water Paints and Varnishes from Russia in 2022:
- Poland (299.2 tons)
- Bulgaria (238.9 tons)
- Georgia (196.8 tons)
- Greece (194.7 tons)
- Belarus (171.5 tons)
- Kazakhstan (84.5 tons)
- Ukraine (34.6 tons)
- Romania (6.3 tons)
- Armenia (0.4 tons)
This report provides an in-depth analysis of the market for oil and water paints and varnishes in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
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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
-
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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