Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (FOB) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (CIF) - 2023
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $10,004 per ton, picking up by 40% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($15,349 per ton), while the average price for exports to Morocco ($5,434 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 Kyrgyzstan (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $7,669 per ton, increasing by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($10,039 per ton), while the price for the UK totaled $6,255 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany
Exports of paints and varnishes, based on polyesters, non-aqueous medium from Germany totaled 73K tons in 2022, leveling off at 2021 figures. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium contracted modestly to $465M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $476M, and then fell slightly in the following year.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 24.4 | 22.4 | 28.4 | 81.7 | 49.6% |
| Poland | 34.9 | 42.0 | 55.2 | 37.7 | 2.6% |
| Austria | 43.6 | 44.0 | 49.1 | 37.7 | -4.7% |
| France | 21.3 | 19.2 | 25.8 | 32.8 | 15.5% |
| Netherlands | 24.4 | 26.2 | 30.7 | 27.0 | 3.4% |
| Switzerland | 20.3 | 26.1 | 31.0 | 26.4 | 9.2% |
| Italy | 16.6 | 18.0 | 23.1 | 21.2 | 8.5% |
| Spain | 19.7 | 17.9 | 22.0 | 20.3 | 1.0% |
| Czech Republic | 17.1 | 16.0 | 18.8 | 17.4 | 0.6% |
| China | 18.4 | 18.5 | 21.0 | 15.8 | -5.0% |
| United Kingdom | 18.8 | 18.8 | 14.1 | 15.3 | -6.6% |
| Turkey | 11.6 | 10.9 | 12.8 | 13.8 | 6.0% |
| United States | 13.0 | 11.0 | 14.0 | 13.1 | 0.3% |
| Others | 119 | 110 | 130 | 105 | -4.1% |
| Total | 402 | 401 | 476 | 465 | 5.0% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Germany in 2022:
- Belgium (17.9K tons)
- Poland (6.5K tons)
- Austria (5.3K tons)
- France (4.9K tons)
- Netherlands (4.7K tons)
- Italy (3.9K tons)
- Spain (3.8K tons)
- United Kingdom (2.8K tons)
- Czech Republic (2.5K tons)
- Switzerland (2.0K tons)
- China (1.8K tons)
- Turkey (1.7K tons)
- United States (1.4K tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany
For the fourth year in a row, Germany recorded growth in overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium, which increased by 3.9% to 33K tons in 2022. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.6% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium expanded sharply to $182M in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 18.3 | 17.1 | 22.5 | 28.0 | 15.2% |
| Italy | 26.8 | 27.9 | 30.5 | 27.9 | 1.3% |
| France | 23.9 | 24.2 | 26.9 | 26.3 | 3.2% |
| United Kingdom | 9.8 | 6.3 | 10.3 | 20.4 | 27.7% |
| Netherlands | 16.2 | 18.9 | 22.1 | 18.8 | 5.1% |
| Belgium | 3.8 | 4.3 | 3.7 | 16.3 | 62.5% |
| Poland | 8.7 | 10.1 | 12.9 | 15.4 | 21.0% |
| Austria | 10.1 | 12.6 | 15.9 | 13.3 | 9.6% |
| Others | 10.6 | 13.4 | 16.1 | 15.8 | 14.2% |
| Total | 128 | 135 | 161 | 182 | 12.4% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Germany in 2022:
- Italy (6.0K tons)
- Poland (4.5K tons)
- France (4.5K tons)
- Netherlands (4.3K tons)
- United Kingdom (3.7K tons)
- Switzerland (3.4K tons)
- Belgium (2.8K tons)
- Austria (1.5K tons)
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