Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand (CIF) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand (FOB) - 2023
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand (CIF) - 2023
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,768 per ton in November 2023, growing by 6.4% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in January 2023 an increase of 34% month-to-month. As a result, import price attained the peak level of $6,671 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were the United States ($5,980 per ton) and China ($5,768 per ton), while the price for Italy ($5,423 per ton) and Australia ($5,682 per ton) were amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), 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 New Zealand (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $7,121 per ton in November 2023, which is down by -17.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 146% m-o-m. As a result, the export price attained the peak level of $17,123 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Saudi Arabia ($15,786 per ton), while the average price for exports to Cook Islands ($6,002 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+70.7%), 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 New Zealand
In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -13% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 109%.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium declined to $11M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 88% against the previous year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.5 | 6.3 | 8.9 | 8.0 | 74.7% |
| United States | 1.6 | 1.3 | 1.8 | 0.8 | -20.6% |
| China | 0.4 | 0.3 | 0.6 | 0.8 | 26.0% |
| Italy | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
| Germany | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Thailand | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.3 | 0.4 | 0.7 | 0.4 | 10.1% |
| Total | 4.9 | 9.1 | 12.8 | 11.0 | 30.9% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to New Zealand in 2022:
- Australia (1577.3 tons)
- China (163.2 tons)
- United States (132.6 tons)
- Thailand (64.3 tons)
- Italy (42.4 tons)
- Poland (38.9 tons)
- Germany (28.1 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand
In 2022, overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium decreased by -23.5% to 459 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2.8%. As a result, the exports attained the peak of 609 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 dropped rapidly to $3.4M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The smallest decline of -9.1% was in 2021.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2,834 | 3,511 | 3,685 | 2,981 | 1.7% |
| Hong Kong SAR | N/A | 112 | 198 | 104 | -3.6% |
| Fiji | 118 | 3.1 | 13.7 | 99.9 | -5.4% |
| Cook Islands | 7.9 | 8.9 | 39.7 | 73.7 | 110.5% |
| Samoa | 29.5 | 60.3 | 10.9 | 26.8 | -3.1% |
| United States | 1,579 | 600 | N/A | N/A | -62.0% |
| Singapore | 311 | 44.6 | N/A | N/A | -85.7% |
| Others | 101 | 176 | 159 | 110 | 2.9% |
| Total | 4,982 | 4,516 | 4,107 | 3,394 | -12.0% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from New Zealand in 2022:
- Australia (392.5 tons)
- Fiji (27.1 tons)
- Cook Islands (12.5 tons)
- Samoa (8.1 tons)
- Hong Kong SAR (6.7 tons)
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