Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Venezuela - 2022

Contents:

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

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

The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $4,158 per ton in 2022, rising by 9.3% against the previous year. In general, the import price, however, showed a noticeable contraction. The growth pace was the most rapid in 2020 when the average import price increased by 14% against the previous year. The import price peaked at $6,073 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($17,212 per ton), while the price for Germany ($2,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $1,789 per ton, falling by -33.1% against the previous year. Overall, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of 194%. The export price peaked at $8,521 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($2,236 per ton), while the average price for exports to Colombia amounted to $1,780 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Vincent and the Grenadines (+67.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -29.8% to 505 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of 719 tons, and then shrank markedly in the following year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium contracted rapidly to $2.1M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 87%. As a result, imports attained the peak of $2.7M, and then fell remarkably in the following year.

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

1. China (191.7 tons)
2. Colombia (135.1 tons)
3. Brazil (108.1 tons)
4. Mexico (32.8 tons)
5. Germany (7.3 tons)
6. United Kingdom (4.8 tons)

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

For the fourth year in a row, Venezuela recorded growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, which increased by 68% to 3.2 tons in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached 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 sharply to $5.8K in 2022. Over the period under review, exports, however, showed a abrupt decrease.

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

1. Colombia (3.2 tons)
2. Ecuador (0.1 tons)

Source: IndexBox Market Intelligence Platform