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

Contents:

1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Greece (CIF) - 2022
2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Greece (FOB) - 2023
3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Greece
4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Greece

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

In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,855 per ton, with a decrease of -5.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 43%. As a result, import price attained the peak level of $7,834 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,503 per ton), while the price for Slovenia ($2,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Greece (FOB) - 2023

In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,553 per ton, rising by 8.1% against the previous month. Overall, export price indicated a buoyant expansion from October 2022 to October 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by +59.3% against August 2023 indices. The pace of growth was the most pronounced in September 2023 an increase of 47% m-o-m. The export price peaked in October 2023.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Bulgaria ($7,862 per ton), while the average price for exports to Kosovo ($1,724 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 Panama (+22.6%), 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 Greece

In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Greece expanded sharply to 3.2K tons, picking up by 6.1% on the year before. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium fell modestly to $19M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24%.

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

1. Italy (1182.4 tons)
2. France (600.2 tons)
3. Netherlands (530.3 tons)
4. Spain (234.5 tons)
5. Germany (213.0 tons)
6. Slovenia (148.7 tons)
7. Belgium (92.2 tons)
8. Poland (78.7 tons)

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

Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Greece stood at 2.2K tons in 2022, surging by 9.5% against the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. 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 remarkably to $7.9M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Serbia (657.6 tons)
2. Cyprus (306.6 tons)
3. Georgia (236.2 tons)
4. Bosnia and Herzegovina (109.5 tons)
5. Albania (87.7 tons)
6. Israel (85.6 tons)
7. Bulgaria (81.7 tons)
8. United Kingdom (72.2 tons)
9. Armenia (68.2 tons)
10. Moldova (66.8 tons)
11. Romania (59.2 tons)
12. Kazakhstan (48.6 tons)
13. Algeria (43.5 tons)

Source: IndexBox Market Intelligence Platform