Overview of the Global Market for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

Market Size for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

The global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium was estimated at $X in 2022, rising by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Global consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

In value terms, production of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $X in 2022 estimated in export price. In general, production continues to indicate a slight increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, global production of attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

Exports

In 2022, global exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium fell modestly to X tons, dropping by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The global exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium contracted slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Turkey (X tons) and Italy (X tons) represented the main exporters of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, together committing X% of total exports. Sweden (X tons), Poland (X tons), Belgium (X tons), France (X tons), Denmark (X tons), the United States (X tons), Spain (X tons), the UK (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Spain (X%), Italy (X%), Turkey (X%), Belgium (X%), the Czech Republic (X%) and Denmark (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. France and Sweden experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), the UK (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Poland (X p.p.) and Italy (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the Netherlands (X p.p.) and the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paints and varnishes, based on acrylic or vinyl polymers, aqueous medium supplying countries worldwide were Germany ($X), the United States ($X) and the Netherlands ($X), together comprising X% of global exports. Italy, Belgium, Sweden, Turkey, France, Poland, the UK, Denmark, Spain and the Czech Republic lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $X per ton, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The global export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Imports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

Imports

In 2022, after three years of growth, there was decline in overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, global imports of attained the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X tons), France (X tons), the UK (X tons), Belgium (X tons), Poland (X tons), Germany (X tons), Russia (X tons), China (X tons), the Netherlands (X tons), Sweden (X tons), Mexico (X tons) and Austria (X tons) represented roughly X% of total imports in 2022. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X) constitutes the largest market for imported paints and varnishes, based on acrylic or vinyl polymers, aqueous medium worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada totaled X%. In the other countries, the average annual rates were as follows: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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