Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $1,689 per ton, waning by -72.8% against the previous month. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in April 2023 an increase of 13% month-to-month. The import price peaked at $7,138 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($8,594 per ton), while the price for Serbia ($1,051 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 Egypt (+4.2%), 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 Croatia (FOB) - 2023
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $4,395 per ton in October 2023, rising by 40% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Serbia ($5,958 per ton), while the average price for exports to Turkey ($4,020 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 Greece (+3.7%), 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 Croatia
In 2022, approx. 6K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Croatia; picking up by 3.1% on the year before. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 13%. Over the period under review, imports of reached the maximum 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 rose markedly to $35M in 2022. The total import value increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.2 | 11.4 | 12.8 | 12.2 | 9.9% |
| Italy | 5.8 | 5.6 | 7.0 | 7.0 | 6.5% |
| Czech Republic | 2.1 | 4.1 | 4.8 | 6.2 | 43.5% |
| Slovenia | 2.9 | 3.1 | 3.5 | 3.8 | 9.4% |
| Romania | 0.5 | 1.0 | 0.9 | 1.2 | 33.9% |
| Poland | 1.2 | 1.0 | 1.2 | 1.1 | -2.9% |
| Austria | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
| Serbia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 2.1 | 2.3 | 2.8 | 3.3 | 16.3% |
| Total | 24.1 | 29.1 | 33.6 | 35.4 | 13.7% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Croatia in 2022:
- Germany (1925.1 tons)
- Italy (1339.2 tons)
- Slovenia (1007.0 tons)
- Czech Republic (832.6 tons)
- Serbia (169.6 tons)
- Austria (131.2 tons)
- Romania (121.4 tons)
- Poland (121.4 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia
For the fourth consecutive year, Croatia recorded growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, which increased by 2.5% to 2.8K tons in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 68%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded sharply to $9.4M in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 415 | 2,690 | 4,746 | 4,273 | 117.6% |
| Italy | 628 | 637 | 1,036 | 1,217 | 24.7% |
| Serbia | 282 | 232 | 328 | 1,018 | 53.4% |
| Greece | 630 | 378 | 603 | 843 | 10.2% |
| Slovenia | 245 | 294 | 438 | 652 | 38.6% |
| Bosnia and Herzegovina | 465 | 594 | 415 | 510 | 3.1% |
| Hungary | 126 | 151 | 174 | 164 | 9.2% |
| Others | 819 | 680 | 758 | 709 | -4.7% |
| Total | 3,610 | 5,656 | 8,496 | 9,386 | 37.5% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Croatia in 2022:
- Turkey (1217.5 tons)
- Slovenia (387.7 tons)
- Italy (318.1 tons)
- Greece (255.1 tons)
- Serbia (196.7 tons)
- Bosnia and Herzegovina (194.7 tons)
- Hungary (75.2 tons)
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