Italy: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2022

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

In 2021, the Italian market for paint, distemper, varnish or similar brushes, paint pads and rollers increased by 28% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption continues to indicate a perceptible slump. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers contracted to $X in 2021 estimated in export price. In general, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 50% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Italy

In 2021, after three years of growth, there was significant decline in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -19.1% to X units. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of X units, and then dropped notably in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers reduced to $X in 2021. The total export value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Romania (X units), France (X units) and Germany (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Italy, with a combined 40% share of total exports. The Netherlands, Greece, the UK, Kuwait, Morocco, Croatia, Switzerland, Spain, the Czech Republic and Belgium lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were in Morocco (with a CAGR of +57.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from Italy worldwide, with a combined 36% share of total exports. Romania, Morocco, Kuwait, Greece, the UK, Belgium, Switzerland, Spain, Croatia and the Czech Republic lagged somewhat behind, together comprising a further 43%.

Among the main countries of destination, Morocco, with a CAGR of +58.0%, 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 more modest paces of growth.

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, rising by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Morocco ($X per unit), while the average price for exports to Croatia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Italy

After two years of growth, purchases abroad of paint, distemper, varnish or similar brushes, paint pads and rollers decreased by -10.6% to X units in 2021. Overall, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.4% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of imports of paint, distemper, varnish or similar brushes, paint pads and rollers to Italy, together comprising 78% of total imports. These countries were followed by Spain, Turkey, the Netherlands, France and Poland, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +33.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to Italy, together accounting for 75% of total imports. Spain, the Netherlands, Turkey, France and Poland lagged somewhat behind, together comprising a further 22%.

The Netherlands, with a CAGR of +33.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, growing by 48% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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