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

Contents:

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

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

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,152 per ton in October 2023, falling by -2% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 8.5% against the previous month. The import price peaked at $5,707 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($6,306 per ton), while the price for China ($3,660 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 Turkey (+2.9%), 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 Ukraine (FOB) - 2023

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $2,797 per ton in October 2023, with an increase of 8.7% against the previous month. Over the period under review, the export price, however, continues to indicate a mild descent. The growth pace was the most rapid in December 2022 when the average export price increased by 232% against the previous month. As a result, the export price reached the peak level of $10,001 per ton. From January 2023 to October 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 October 2023, the country with the highest price was Hungary ($5,672 per ton), while the average price for exports to Moldova ($2,596 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+1.8%), 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 Ukraine

Imports of paints and varnishes, based on polyesters, non-aqueous medium into Ukraine shrank remarkably to 5.9K tons in 2022, which is down by -54.1% compared with 2021 figures. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of 13K tons, and then declined markedly in the following year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium dropped significantly to $25M in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of $44M, and then declined markedly in the following year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland6.710.915.57.64.3%
Italy5.66.48.25.5-0.6%
Belgium0.20.10.11.8108.0%
Germany4.04.14.61.6-26.3%
Turkey0.61.52.31.329.4%
France0.91.21.61.313.0%
Slovenia0.91.01.41.16.9%
Belarus3.40.72.00.6-43.9%
Estonia0.91.41.20.5-17.8%
Hungary1.01.20.80.3-33.1%
Sweden1.21.41.50.2-45.0%
SlovakiaN/A0.10.50.241.4%
Russia0.30.61.10.1-30.7%
Others3.64.13.32.6-10.3%
Total29.434.744.124.6-5.8%

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

  1. Poland (1652.6 tons)
  2. Italy (1163.4 tons)
  3. Belarus (666.5 tons)
  4. Belgium (537.0 tons)
  5. Germany (303.3 tons)
  6. France (244.2 tons)
  7. Turkey (242.4 tons)
  8. Slovenia (209.2 tons)
  9. Hungary (132.7 tons)
  10. Slovakia (115.9 tons)
  11. Estonia (107.5 tons)
  12. Russia (97.3 tons)
  13. Sweden (35.4 tons)

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

After three years of growth, overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium decreased by -38.7% to 1K tons in 2022. Overall, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 34%.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium declined sharply to $2.6M in 2022. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $3.4M, and then contracted sharply in the following year.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova4328309051,01733.0%
Poland55770383678412.1%
Russia715724979181-36.7%
Georgia11114185.91428.6%
KazakhstanN/AN/AN/A1180%
RomaniaN/AN/A26.366.9154.4%
Others472348591281-15.9%
Total2,2872,7453,4232,5904.2%

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

  1. Moldova (557.2 tons)
  2. Poland (283.0 tons)
  3. Russia (61.8 tons)
  4. Georgia (47.1 tons)
  5. Kazakhstan (32.6 tons)
  6. Romania (15.5 tons)

Source: IndexBox Market Intelligence Platform

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