Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States (FOB) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States (CIF) - 2023
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $10,819 per ton, growing by 10% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($11,606 per ton), while the average price for exports to Honduras ($2,223 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 Canada (+7.6%), 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 the United States (CIF) - 2023
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $18,934 per ton in December 2023, waning by -28.2% against the previous month. Over the period under review, the import price recorded a slight contraction. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $26,968 per ton. From September 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($32,497 per ton), while the price for Taiwan (Chinese) ($2,559 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced a decline.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States
In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium was finally on the rise to reach 30K tons after two years of decline. In general, exports, however, faced a deep downturn.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium amounted to $322M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 132 | 126 | 133 | 152 | 4.8% |
| Mexico | 71.8 | 66.3 | 72.0 | 84.2 | 5.5% |
| Australia | 4.9 | 4.9 | 5.3 | 3.9 | -7.3% |
| Honduras | 0.6 | 0.5 | 0.6 | 1.1 | 22.4% |
| Chad | 17.3 | N/A | N/A | N/A | 0% |
| Others | 69.8 | 59.5 | 70.0 | 81.1 | 5.1% |
| Total | 296 | 257 | 281 | 322 | 2.8% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from the United States in 2022:
- Canada (13.1K tons)
- Mexico (10.2K tons)
- Australia (0.5K tons)
- Honduras (0.5K tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States
In 2022, overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium were finally on the rise to reach 9.4K tons after two years of decline. Overall, imports, however, saw a precipitous decrease.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium soared to $175M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 86.2 | 77.6 | 88.7 | 102 | 5.8% |
| Mexico | 9.5 | 7.3 | 9.3 | 16.0 | 19.0% |
| Germany | 12.8 | 10.7 | 11.2 | 12.8 | 0.0% |
| Taiwan (Chinese) | 3.8 | 6.1 | 6.1 | 9.9 | 37.6% |
| Italy | 4.7 | 4.9 | 5.4 | 7.6 | 17.4% |
| Spain | 4.5 | 5.0 | 7.3 | 6.2 | 11.3% |
| Brazil | 2.8 | 3.6 | 2.5 | 4.1 | 13.6% |
| France | 4.1 | 2.7 | 4.2 | 4.0 | -0.8% |
| Others | 11.2 | 9.0 | 11.5 | 12.4 | 3.5% |
| Total | 140 | 127 | 146 | 175 | 7.7% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to the United States in 2022:
- Canada (5.8K tons)
- Mexico (0.8K tons)
- Taiwan (Chinese) (0.6K tons)
- Germany (0.5K tons)
- Italy (0.4K tons)
- Brazil (0.2K tons)
- France (0.2K tons)
- Spain (0.2K tons)
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