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

Contents:

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

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

In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,563 per ton, reducing by -16.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 30%. Over the period under review, average import prices attained the maximum at $6,682 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,531 per ton), while the price for Belgium ($5,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $9,835 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on polyesters, non-aqueous medium increased by +44.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs 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 Italy ($18,178 per ton), while the average price for exports to Germany ($7,457 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 Germany (+5.8%), 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 Luxembourg

In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Luxembourg declined to 585 tons, waning by -14.5% on the year before. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5%.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium dropped rapidly to $3.3M in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $4.6M, and then dropped markedly in the following year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1331,8172,3971,513-10.8%
Belgium1,5171,3131,7411,420-2.2%
Netherlands14890.61231786.3%
France15414926087.4-17.2%
Others11015653.758.1-19.2%
Total4,0613,5254,5753,256-7.1%

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

  1. Belgium (280.6 tons)
  2. Germany (267.7 tons)
  3. Netherlands (20.8 tons)
  4. France (4.0 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume increased by 80% to 16 tons. In general, exports, however, showed a abrupt curtailment.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium surged to $158K in 2022. Over the period under review, exports, however, showed a abrupt slump.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium14679.972.086.1-16.1%
Netherlands1.31.10.349.5236.4%
Germany14.415.75.213.5-2.1%
France8.23.43.56.3-8.4%
Italy15.3N/AN/A1.8-51.0%
Others8.60.46.51.0-51.2%
Total19410087.5158-6.6%

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

  1. Belgium (10.0 tons)
  2. Netherlands (3.6 tons)
  3. Germany (1.8 tons)
  4. France (0.5 tons)
  5. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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