ASEAN: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in ASEAN

The ASEAN market for paint, distemper, varnish or similar brushes, paint pads and rollers dropped slightly to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in ASEAN

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports in ASEAN

For the fifth consecutive year, ASEAN recorded growth in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by X% to X units in 2022. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers totaled $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Indonesia represented the key exporter of paint, distemper, varnish or similar brushes, paint pads and rollers in ASEAN, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Vietnam (X units) ranks second in terms of the total exports with a X% share, followed by Cambodia (X%). Singapore (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Indonesia ($X), Vietnam ($X) and Cambodia ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports in ASEAN

For the third consecutive year, ASEAN recorded growth in supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by X% to X units in 2022. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers rose modestly to $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, Thailand (X units), distantly followed by the Philippines (X units), Indonesia (X units), Malaysia (X units), Singapore (X units) and Myanmar (X units) represented the major importers of paint, distemper, varnish or similar brushes, paint pads and rollers, together comprising X% of total imports. Vietnam (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Malaysia, Singapore, Vietnam and Myanmar lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform