Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (FOB) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (CIF) - 2023
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,363 per ton, increasing by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 when the average export price increased by 12% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,571 per ton), while the average price for exports to Belgium ($2,933 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 the United States (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (CIF) - 2023
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,609 per ton in October 2023, stabilizing at the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 15% against the previous month. As a result, import price reached the peak level of $5,486 per ton. From September 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($5,880 per ton), while the price for Poland ($1,743 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 Italy (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain
In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -7.2% to 28K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 0.1%.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium declined modestly to $148M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, the exports attained the peak of $150M, and then reduced modestly in the following year.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 39.8 | 43.6 | 44.5 | 36.6 | -2.8% |
| Italy | 12.0 | 12.7 | 16.6 | 18.0 | 14.5% |
| Portugal | 15.9 | 14.4 | 17.7 | 17.3 | 2.9% |
| Germany | 11.9 | 13.3 | 14.5 | 13.3 | 3.8% |
| Poland | 6.1 | 6.9 | 10.1 | 8.0 | 9.5% |
| Belgium | 1.1 | 0.7 | 0.2 | 4.9 | 64.5% |
| United States | 2.1 | 1.7 | 1.5 | 4.0 | 24.0% |
| Thailand | 1.8 | 1.6 | 4.0 | 3.8 | 28.3% |
| United Kingdom | 8.1 | 6.8 | 1.6 | 3.6 | -23.7% |
| Romania | 1.9 | 2.1 | 3.4 | 3.4 | 21.4% |
| Morocco | 1.4 | 2.2 | 3.4 | 2.9 | 27.5% |
| Czech Republic | 2.8 | 2.8 | 1.8 | 2.2 | -7.7% |
| Others | 31.0 | 27.0 | 30.4 | 29.8 | -1.3% |
| Total | 136 | 136 | 150 | 148 | 2.9% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Spain in 2022:
- France (6.8K tons)
- Portugal (3.3K tons)
- Italy (3.1K tons)
- Poland (1.9K tons)
- Germany (1.7K tons)
- Belgium (1.7K tons)
- Romania (0.6K tons)
- United Kingdom (0.6K tons)
- Thailand (0.6K tons)
- United States (0.5K tons)
- Czech Republic (0.5K tons)
- Morocco (0.5K tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain
In 2022, overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium decreased by -23.1% to 31K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 33%.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium declined to $145M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $167M, and then fell in the following year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 34.2 | 43.0 | 53.7 | 45.1 | 9.7% |
| Italy | 33.6 | 34.8 | 44.0 | 38.7 | 4.8% |
| Portugal | 20.3 | 16.9 | 28.4 | 22.1 | 2.9% |
| Germany | 21.7 | 17.8 | 21.3 | 17.4 | -7.1% |
| Poland | 3.9 | 4.1 | 5.9 | 5.3 | 10.8% |
| Belgium | 1.0 | 0.8 | 1.1 | 4.2 | 61.3% |
| Czech Republic | 3.9 | 3.9 | 5.1 | 4.0 | 0.8% |
| United Kingdom | 7.9 | 6.4 | 1.6 | 1.8 | -38.9% |
| Others | 5.1 | 4.7 | 5.8 | 6.8 | 10.1% |
| Total | 131 | 132 | 167 | 145 | 3.4% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Spain in 2022:
- Italy (9.0K tons)
- France (8.5K tons)
- Portugal (5.8K tons)
- Germany (3.2K tons)
- Poland (1.7K tons)
- Belgium (1.0K tons)
- Czech Republic (0.9K tons)
- United Kingdom (0.4K tons)
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