Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $5,592 per ton in October 2023, reducing by -11.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 25% against the previous month. As a result, import price attained the peak level of $6,413 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($36,577 per ton), while the price for Turkey ($1,918 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), 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 Bulgaria (FOB) - 2023
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $8,994 per ton in October 2023, picking up by 22% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 24% month-to-month. The export price peaked at $9,838 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($26,483 per ton), while the average price for exports to North Macedonia ($2,282 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+999.6%), 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 Bulgaria
In 2022, approx. 3.8K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Bulgaria; increasing by 3.8% on 2021 figures. The total import volume increased at an average annual rate of +5.7% over the period 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 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $19M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.6 | 4.3 | 3.5 | -1.8% |
| Greece | 0.9 | 0.6 | 1.2 | 2.8 | 46.0% |
| Netherlands | 1.8 | 2.2 | 2.5 | 2.5 | 11.6% |
| Slovenia | 1.9 | 1.7 | 2.5 | 2.5 | 9.6% |
| Poland | 1.0 | 1.0 | 1.1 | 1.7 | 19.3% |
| Italy | 1.2 | 1.1 | 1.5 | 1.5 | 7.7% |
| Austria | 0.9 | 1.4 | 1.9 | 1.1 | 6.9% |
| Romania | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| United Kingdom | 1.1 | 0.3 | 0.4 | 0.3 | -35.2% |
| Others | 1.9 | 2.3 | 2.6 | 3.0 | 16.4% |
| Total | 14.9 | 14.5 | 18.5 | 19.5 | 9.4% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Bulgaria in 2022:
- Greece (596.9 tons)
- Austria (539.7 tons)
- Slovenia (489.1 tons)
- Netherlands (462.9 tons)
- Germany (461.4 tons)
- Poland (344.4 tons)
- Italy (248.3 tons)
- Romania (158.4 tons)
- United Kingdom (25.7 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria
After three years of growth, shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -32.4% to 254 tons in 2022. In general, exports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2020 when exports increased by 45% against the previous year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $1.9M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,054 | 1,248 | 1,322 | 1,050 | -0.1% |
| United Arab Emirates | N/A | N/A | 3.7 | 263 | 7008.1% |
| Turkey | 7.6 | 16.9 | N/A | 94.0 | 131.3% |
| Spain | 66.5 | 67.4 | 112 | 91.2 | 11.1% |
| Georgia | 17.8 | 40.1 | 44.8 | 69.5 | 57.5% |
| Belarus | N/A | N/A | N/A | 64.0 | 0% |
| Armenia | 101 | 117 | 157 | 46.4 | -22.8% |
| Greece | 3.1 | 6.3 | 101 | 33.5 | 121.1% |
| North Macedonia | 64.8 | 55.5 | 28.0 | 26.3 | -26.0% |
| Serbia | 8.0 | 137 | 90.5 | 8.0 | 0.0% |
| Ukraine | 105 | 78.1 | 51.3 | N/A | -30.1% |
| Others | 34.2 | 85.7 | 212 | 120 | 52.0% |
| Total | 1,461 | 1,853 | 2,122 | 1,866 | 8.5% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Bulgaria in 2022:
- Romania (137.3 tons)
- United Arab Emirates (44.0 tons)
- Armenia (14.5 tons)
- Georgia (9.6 tons)
- Turkey (9.4 tons)
- Belarus (8.1 tons)
- Spain (7.0 tons)
- Greece (5.5 tons)
- North Macedonia (5.2 tons)
- Serbia (2.6 tons)
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