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

Contents:

  1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland (CIF) - 2023
  2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland (FOB) - 2023
  3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland
  4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $4,818 per ton, waning by -16.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. The import price peaked at $5,781 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6,227 per ton), while the price for Italy ($1,826 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 Belgium (+5.4%), 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 Ireland (FOB) - 2023

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $3,996 per ton in October 2023, with an increase of 4.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in January 2023 an increase of 39% against the previous month. As a result, the export price attained the peak level of $4,360 per ton. From February 2023 to October 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +1.6% per month.

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

In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Ireland expanded significantly to 2.3K tons, picking up by 14% compared with 2021. Over the period under review, imports, however, recorded a pronounced downturn.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reached $11M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.48.56.96.40.0%
Poland0.50.40.30.817.0%
BelgiumN/AN/A0.60.833.3%
Finland0.40.40.50.57.7%
Italy0.20.20.20.426.0%
Germany0.10.30.30.458.7%
Sweden0.40.40.40.3-9.1%
Others0.50.50.90.817.0%
Total8.410.710.110.57.7%

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

  1. United Kingdom (1348.6 tons)
  2. Poland (238.9 tons)
  3. Belgium (227.6 tons)
  4. Italy (122.6 tons)
  5. Finland (116.9 tons)
  6. Sweden (77.8 tons)
  7. Germany (63.0 tons)

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

Exports of paints and varnishes, based on polyesters, non-aqueous medium from Ireland surged to 273 tons in 2022, increasing by 131% compared with 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium surged to $816K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom26522026980044.5%
Saudi ArabiaN/AN/A27.20.5-98.2%
Others18.927.330.515.2-7.0%
Total28424732781642.2%

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

  1. United Kingdom (267.7 tons)
  2. Saudi Arabia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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