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

Contents:

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

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

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $8,410 per ton in October 2023, surging by 62% against the previous month. In general, import price indicated a measured expansion from October 2022 to October 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for paints and varnishes, based on polyesters, non-aqueous medium increased by +62.1% against September 2023 indices. 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 the UK ($47,702 per ton), while the price for Serbia stood at $4,377 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.4%), 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 Slovakia (FOB) - 2023

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,500 per ton in October 2023, falling by -12.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in April 2023 an increase of 21% m-o-m. The export price peaked at $5,146 per ton in September 2023, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($130K per ton), while the average price for exports to Ukraine totaled $2,041 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+29.4%), 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 Slovakia

In 2022, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -4% to 6.7K tons, falling for the second consecutive year after two years of growth. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 5.6%. As a result, imports attained the peak of 7.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium fell slightly to $34M in 2022. The total import value increased at an average annual rate of +3.8% 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 2021 with an increase of 9%. As a result, imports reached the peak of $35M, and then fell slightly in the following year.

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

1. Germany (1960.8 tons)
2. Poland (1441.8 tons)
3. Czech Republic (1041.2 tons)
4. Italy (732.9 tons)
5. Sweden (517.8 tons)
6. France (353.7 tons)
7. Slovenia (278.8 tons)
8. Austria (113.0 tons)

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

In 2022, the amount of paints and varnishes, based on polyesters, non-aqueous medium exported from Slovakia shrank markedly to 762 tons, falling by -23.6% compared with the previous year. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of 998 tons, and then reduced rapidly in the following year.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium contracted to $3.1M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, the exports reached the peak of $3.6M, and then fell in the following year.

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

1. Czech Republic (319.6 tons)
2. Ukraine (126.1 tons)
3. Hungary (102.7 tons)
4. Austria (54.1 tons)
5. Serbia (49.6 tons)
6. Russia (27.1 tons)
7. Croatia (24.0 tons)

Source: IndexBox Market Intelligence Platform