Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia - 2023

Contents:

1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia (CIF) - 2022
2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia (FOB) - 2022
3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia
4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia (CIF) - 2022

In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $7,658 per ton, increasing by 2.2% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for paints and varnishes, based on polyesters, non-aqueous medium increased by +10.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 44%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 the UK ($12,069 per ton), while the price for France ($5,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia (FOB) - 2022

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $9,104 per ton in 2022, jumping by 48% against the previous year. Over the period under review, the export price recorded moderate growth. The growth pace was the most rapid in 2021 an increase of 92%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16,304 per ton), while the average price for exports to Indonesia ($5,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia

In 2022, after three years of growth, there was significant decline in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -12.7% to 2.1K tons. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15%. As a result, imports reached the peak of 2.4K tons, and then contracted in the following year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium declined to $16M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $18M, and then dropped in the following year.

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Australia in 2022:

1. New Zealand (463.0 tons)
2. Italy (389.8 tons)
3. United States (295.8 tons)
4. Germany (214.1 tons)
5. Netherlands (205.2 tons)
6. France (132.2 tons)
7. Singapore (88.2 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Australia

In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -31.4% to 607 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of 3.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium expanded to $5.5M in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Australia in 2022:

1. New Zealand (246.9 tons)
2. Canada (104.3 tons)
3. Indonesia (64.0 tons)
4. Papua New Guinea (56.8 tons)
5. Chile (36.1 tons)
6. South Korea (28.4 tons)
7. United Kingdom (23.9 tons)

Source: IndexBox Market Intelligence Platform