Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary (CIF) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary (FOB) - 2023
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $6,695 per ton, picking up by 35% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($7,395 per ton), while the price for Serbia ($2,686 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+3.2%), 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 Hungary (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $4,960 per ton, flattening at the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 17% month-to-month. As a result, the export price reached the peak level of $5,238 per ton. From December 2022 to October 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Serbia.
From October 2022 to October 2023, the rate of growth in terms of prices for Serbia amounted to +1.8% per month.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary
In 2022, after two years of decline, there was significant growth in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume increased by 7.8% to 5.2K tons. In general, imports, however, saw a slight decrease.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium expanded markedly to $24M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 8.4%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.5 | 4.0 | 4.7 | 6.1 | 20.3% |
| Germany | 6.0 | 4.7 | 5.3 | 4.5 | -9.1% |
| Poland | 3.4 | 3.6 | 4.0 | 4.3 | 8.1% |
| France | 2.6 | 2.5 | 2.7 | 3.7 | 12.5% |
| Czech Republic | 0.7 | 0.8 | 1.0 | 1.5 | 28.9% |
| Turkey | 1.2 | 1.0 | 1.2 | 1.3 | 2.7% |
| Austria | 1.7 | 1.1 | 1.0 | 0.9 | -19.1% |
| Others | 2.8 | 3.1 | 2.6 | 2.0 | -10.6% |
| Total | 22.0 | 20.7 | 22.5 | 24.3 | 3.4% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Hungary in 2022:
- France (1330.6 tons)
- Italy (1212.4 tons)
- Poland (900.4 tons)
- Germany (742.0 tons)
- Turkey (260.5 tons)
- Czech Republic (182.0 tons)
- Austria (145.0 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary
In 2022, overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium decreased by -29.7% to 872 tons, falling for the second year in a row after two years of growth. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium fell markedly to $3.8M in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 7.8%. As a result, the exports attained the peak of $5.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2,163 | 2,245 | 2,058 | 1,685 | -8.0% |
| Romania | 1,284 | 1,581 | 1,672 | 1,472 | 4.7% |
| Serbia | 307 | 311 | 365 | 281 | -2.9% |
| Poland | 17.4 | 16.5 | 93.8 | 131 | 96.0% |
| Ukraine | 529 | 625 | 293 | 0.9 | -88.1% |
| Others | 502 | 399 | 214 | 216 | -24.5% |
| Total | 4,803 | 5,178 | 4,696 | 3,787 | -7.6% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Hungary in 2022:
- Czech Republic (492.7 tons)
- Romania (236.8 tons)
- Serbia (63.6 tons)
- Poland (41.5 tons)
- Ukraine (0.4 tons)
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