South-Eastern Asia: Paint Brush Market 2020

Paint Brush Market Size in South-Eastern Asia

The revenue of the paint brush market in South-Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, the paint brush market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Paint Brush Production in South-Eastern Asia

The paint brush production totaled X units in 2017, increasing by X% against the previous year. The paint brush production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. The volume of paint brush production peaked in 2017, and is expected to retain its growth in the near future.

Paint Brush Exports in South-Eastern Asia

In 2017, paint brush exports in South-Eastern Asia stood at X units, surging by X% against the previous year. The paint brush exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, paint brush exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the paint brush exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.

Paint Brush Exports by Country in South-Eastern Asia

Indonesia represented the key exporter of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in South-Eastern Asia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Vietnam (X units), Myanmar (X units) and Thailand (X units), together comprising X% share of total exports. Malaysia (X units) followed a long way behind the leaders.

Indonesia experienced a relatively flat trend pattern of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes exports. At the same time, Myanmar (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. Thailand (X%) and Malaysia (X%) significantly strengthened its position in terms of the global exports, while Vietnam and Myanmar saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest paint brush supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Indonesia stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Thailand (-X% per year).

Paint Brush Export Prices by Country in South-Eastern Asia

The paint brush export price in South-Eastern Asia stood at $X per thousand units in 2017, shrinking by -X% against the previous year. The export price indicated a pronounced increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the export prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes attained its peak figure level of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per thousand units), while Myanmar ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Paint Brush Imports in South-Eastern Asia

The imports stood at X units in 2017, standing approx. at the previous year. The paint brush imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. Over the period under review, the paint brush imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, paint brush imports stood at $X in 2017. The paint brush imports continue to indicate a strong increase. Over the period under review, the paint brush imports attained its peak figure level in 2017, and are likely to continue its growth in the near future.

Paint Brush Imports by Country in South-Eastern Asia

The imports of the five major importers of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes, namely Thailand, Malaysia, the Philippines, Indonesia and Singapore, represented more than two-thirds of total import. Vietnam (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

The Philippines (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Paint Brush Import Prices by Country in South-Eastern Asia

The paint brush import price in South-Eastern Asia stood at $X per thousand units in 2017, stabilizing at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009, an increase of X% y-o-y. Over the period under review, the import prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes attained its maximum level of $X per thousand units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per thousand units), while Singapore ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform