South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian market for paint, distemper, varnish or similar brushes, paint pads and rollers shrank slightly to $X in 2022, reducing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked 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 South-Eastern Asia

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers totaled $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports in South-Eastern Asia

For the fifth consecutive year, South-Eastern Asia recorded growth in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by X% to X units in 2022. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded remarkably to $X in 2022. Total exports indicated a noticeable expansion 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 appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Indonesia was the largest exporting country with an export of about X units, which accounted for X% of total exports. Vietnam (X units) ranks second in terms of the total exports with a X% share, followed by Cambodia (X%). Singapore (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

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

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked 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 South-Eastern Asia

Imports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded significantly to X units in 2022, growing by X% compared with 2021. 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 most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded slightly to $X in 2022. In general, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain 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 key importers of paint, distemper, varnish or similar brushes, paint pads and rollers, together achieving X% of total imports. Vietnam (X units) followed a long way behind the leaders.

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, with a combined X% share of total imports. Malaysia, Singapore, Vietnam and Myanmar lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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