Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania (CIF) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania (CIF) - 2023
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,969 per ton in October 2023, falling by -10.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 64% against the previous month. As a result, import price attained the peak level of $6,368 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Israel ($8,364 per ton), while the price for Serbia ($3,351 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 Poland (+6.2%), 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 Romania (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,030 per ton, rising by 2.4% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 decreased by -1.5% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 24%. As a result, the export price reached the peak level of $5,108 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($7,615 per ton), while the average price for exports to Croatia ($3,298 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 Slovakia (+6.7%), 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 Romania
After three years of growth, overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium decreased by -26.2% to 10K tons in 2022. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 25%.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced modestly to $45M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of $46M, and then shrank in the following year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.5 | 6.8 | 8.8 | 14.3 | 18.9% |
| Italy | 14.0 | 15.7 | 16.9 | 11.4 | -6.6% |
| Spain | 2.0 | 1.7 | 3.0 | 4.4 | 30.1% |
| Poland | 9.2 | 7.3 | 5.5 | 3.9 | -24.9% |
| Turkey | N/A | 2.0 | 4.8 | 3.4 | 30.4% |
| France | 5.3 | 3.1 | 2.9 | 2.7 | -20.1% |
| Hungary | 1.4 | 1.6 | 1.5 | 1.5 | 2.3% |
| Others | 3.2 | 2.8 | 2.8 | 3.6 | 4.0% |
| Total | 43.5 | 40.9 | 46.1 | 45.2 | 1.3% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Romania in 2022:
- Italy (3.0K tons)
- Germany (2.8K tons)
- Poland (1.1K tons)
- Turkey (0.9K tons)
- Spain (0.9K tons)
- France (0.3K tons)
- Hungary (0.3K tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania
Exports of paints and varnishes, based on polyesters, non-aqueous medium from Romania amounted to 335 tons in 2022, approximately equating 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium rose modestly to $1.7M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 519 | 397 | 815 | 538 | 1.2% |
| Poland | 6.2 | 5.9 | 89.1 | 237 | 236.9% |
| Germany | 101 | 42.1 | 66.0 | 220 | 29.6% |
| Moldova | 114 | 226 | 228 | 207 | 22.0% |
| Austria | 0.1 | 0.5 | 17.7 | 62.2 | 753.6% |
| France | 19.7 | 20.4 | 55.6 | 53.5 | 39.5% |
| Norway | 2.4 | N/A | N/A | 42.8 | 161.3% |
| Italy | 50.1 | 12.6 | 114 | 40.1 | -7.2% |
| Slovenia | 74.7 | 63.6 | 62.3 | 8.3 | -51.9% |
| Croatia | 95.0 | 25.9 | 47.8 | 5.0 | -62.5% |
| Others | 131 | 132 | 149 | 271 | 27.4% |
| Total | 1,113 | 926 | 1,645 | 1,684 | 14.8% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Romania in 2022:
- Bulgaria (101.7 tons)
- Moldova (53.5 tons)
- Poland (49.8 tons)
- Germany (49.4 tons)
- Austria (15.8 tons)
- France (11.2 tons)
- Norway (10.6 tons)
- Italy (7.6 tons)
- Slovenia (2.4 tons)
- Croatia (1.5 tons)
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