Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $8,231 per ton in December 2023, growing by 29% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 137% m-o-m. As a result, import price attained the peak level of $9,420 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($14,680 per ton), while the price for Thailand ($2,130 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $11,267 per ton, with a decrease of -19.5% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by +12.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 64%. Over the period under review, the average export prices reached the peak figure at $14,001 per ton in 2021, and then fell notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($15,319 per ton), while the average price for exports to Fiji ($4,558 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 Austria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia
In 2022, approx. 6.4K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Australia; waning by -19.5% against 2021. In general, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of 7.9K tons, and then fell notably in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $44M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $50M, and then fell in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.1 | 10.1 | 12.7 | 11.1 | 11.1% |
| Netherlands | 4.6 | 5.0 | 6.4 | 9.6 | 27.8% |
| China | 5.0 | 6.2 | 7.7 | 5.7 | 4.5% |
| France | 4.2 | 4.4 | 6.1 | 4.0 | -1.6% |
| United States | 4.0 | 3.5 | 3.9 | 3.5 | -4.4% |
| Thailand | 3.4 | 2.0 | 2.2 | 1.8 | -19.1% |
| Malaysia | 0.8 | 0.8 | 1.0 | 1.1 | 11.2% |
| Belgium | 2.4 | 0.7 | 1.0 | 0.7 | -33.7% |
| New Zealand | 1.9 | 1.3 | 1.3 | 0.4 | -40.5% |
| Others | 5.7 | 6.1 | 7.0 | 6.5 | 4.5% |
| Total | 40.0 | 40.1 | 49.6 | 44.5 | 3.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Australia in 2022:
- China (1217.0 tons)
- Germany (1100.6 tons)
- Thailand (1099.6 tons)
- Netherlands (884.5 tons)
- United States (498.3 tons)
- France (393.3 tons)
- Malaysia (252.4 tons)
- Belgium (83.7 tons)
- New Zealand (43.4 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia
For the fourth consecutive year, Australia recorded growth in shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, which increased by 13% to 1.3K tons in 2022. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $14M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports attained the peak of $16M, and then reduced in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 6.9 | 5.8 | 9.9 | 10.8 | 16.1% |
| China | 0.4 | 1.1 | 0.3 | 0.4 | 0.0% |
| United Kingdom | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Austria | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| United States | 0.1 | 0.1 | 3.0 | 0.2 | 26.0% |
| Fiji | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Others | 2.2 | 2.6 | 2.3 | 2.2 | 0.0% |
| Total | 10.0 | 9.9 | 15.9 | 14.4 | 12.9% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Australia in 2022:
- New Zealand (977.1 tons)
- China (48.2 tons)
- Fiji (41.2 tons)
- Austria (21.3 tons)
- United Kingdom (19.7 tons)
- United States (18.9 tons)
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