Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada - 2023

Contents:

1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada (CIF) - 2022
2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada (FOB) - 2022
3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada
4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $7,753 per ton, picking up by 34% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,671 per ton), while the price for France ($5,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada (FOB) - 2022

The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $11,710 per ton in 2022, reducing by -7.9% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% 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 +18.4% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the maximum at $12,712 per ton in 2021, and then declined in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($11,880 per ton) and South Korea ($9,316 per ton), while the average price for exports to Cuba ($9,229 per ton) and Japan ($9,304 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%), 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 Canada

Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Canada reduced rapidly to 27K tons in 2022, which is down by -18.2% compared with the year before. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $207M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Canada in 2022:

1. United States (24.9K tons)
2. France (0.5K tons)
3. Germany (0.4K tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Canada

In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by 25% to 8.4K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded markedly to $98M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Canada in 2022:

1. United States (7.8K tons)
2. South Korea (0.3K tons)
3. Japan (0.2K tons)

Source: IndexBox Market Intelligence Platform