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

Contents:

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

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

In December 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $13,055 per ton, surging by 35% against the previous month. Overall, import price indicated a temperate expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium increased by +43.6% against October 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 49% month-to-month. Over the period under review, average import prices hit record highs in December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($40,870 per ton), while the price for Thailand ($2,441 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 (+21.2%), 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 New Zealand (FOB) - 2023

The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $25,389 per ton in December 2023, with an increase of 134% against the previous month. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in February 2023 an increase of 224% month-to-month. The export price peaked at $28,963 per ton in April 2023; however, from May 2023 to December 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 the United States ($33,739 per ton), while the average price for exports to Cook Islands ($6,418 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), 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 New Zealand

Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into New Zealand contracted rapidly to 3K tons in 2022, with a decrease of -28.6% against the year before. Over the period under review, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, imports reached the peak of 4.2K tons, and then shrank significantly in the following year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium contracted to $20M in 2022. Overall, imports showed a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of $22M, and then contracted in the following year.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia11.611.812.811.1-1.5%
Germany2.12.02.93.316.3%
United Kingdom1.61.41.91.0-14.5%
Indonesia0.80.10.40.7-4.4%
United States0.80.50.70.6-9.1%
France0.60.60.90.60.0%
China0.40.30.40.40.0%
Italy0.20.20.30.314.5%
Netherlands2.00.4N/A0.1-63.2%
Others1.11.32.02.327.9%
Total21.218.622.220.4-1.3%

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

  1. Australia (1918.6 tons)
  2. Germany (389.7 tons)
  3. United Kingdom (113.5 tons)
  4. Indonesia (85.5 tons)
  5. France (69.1 tons)
  6. Italy (63.1 tons)
  7. China (58.6 tons)
  8. United States (56.4 tons)
  9. Netherlands (14.0 tons)

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

In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -50.2% to 284 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, the exports attained the peak of 841 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $3.6M in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 44%.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.05446801,196742.5%
Australia9911,4831,299672-12.1%
NetherlandsN/A38774160024.5%
India3.7N/AN/A265315.3%
Samoa13873.414920413.9%
Singapore185293116173-2.2%
Fiji58.094.192.516040.2%
Kiribati10115.388.547.3-22.3%
ChileN/A412381N/A-7.5%
Indonesia63.9N/AN/AN/A0%
Italy271N/A15.6N/A-76.0%
Others941674502297-31.9%
Total2,7553,9754,0653,6149.5%

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

  1. Australia (136.9 tons)
  2. United States (43.6 tons)
  3. Netherlands (20.7 tons)
  4. Fiji (17.0 tons)
  5. Singapore (15.5 tons)
  6. Samoa (14.6 tons)
  7. India (14.2 tons)
  8. Kiribati (4.2 tons)

Source: IndexBox Market Intelligence Platform

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