MERCOSUR: Market for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium 2024

Market Size for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in MERCOSUR

In 2022, the MERCOSUR non-aqueous paint and varnish market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a slight slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in MERCOSUR

In value terms, non-aqueous paint and varnish production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Exports in MERCOSUR

In 2022, shipments abroad of paints and varnishes dispersed or dissolved in a non-aqueous medium increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, non-aqueous paint and varnish exports surged to $X in 2022. Total exports indicated slight 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 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Brazil (X tons) was the major exporter of paints and varnishes dispersed or dissolved in a non-aqueous medium, generating X% of total exports. It was distantly followed by Colombia (X tons) and Argentina (X tons), together constituting a X% share of total exports. Uruguay (X tons), Ecuador (X tons), Chile (X tons) and Peru (X tons) held a little share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Ecuador experienced a relatively flat trend pattern. By contrast, Peru (X%), Chile (X%), Argentina (X%) and Uruguay (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.), Uruguay (X p.p.) and Argentina (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest non-aqueous paint and varnish supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Brazil ($X per ton) and Ecuador ($X per ton), while Argentina ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

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

Imports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Imports in MERCOSUR

In 2022, purchases abroad of paints and varnishes dispersed or dissolved in a non-aqueous medium decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, non-aqueous paint and varnish imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons) and Argentina (X tons) represented the main importers of paints and varnishes dispersed or dissolved in a non-aqueous medium in MERCOSUR, together recording approx. X% of total imports. It was distantly followed by Peru (X tons), Chile (X tons), Colombia (X tons), Ecuador (X tons) and Paraguay (X tons), together constituting a X% share of total imports.

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

In value terms, Brazil ($X), Argentina ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Peru, Chile, Ecuador and Paraguay lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, recorded the highest rates of growth with regard to 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 MERCOSUR stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :