Luxembourg - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Luxembourg - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (CIF) - 2023
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (FOB) - 2023
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $22,700 per ton, with an increase of 417% against the previous month. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Bosnia and Herzegovina ($40,217 per ton), while the price for Switzerland stood at $14,129 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (FOB) - 2023

In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,838 per ton, waning by -44% against the previous month. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 120% against the previous month. Over the period under review, the average export prices reached the peak figure at $6,112 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +10.7% per month.

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 0.2% to 4.3K tons in 2022. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium declined to $15M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of $16M, and then contracted in the following year.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.49.711.49.48.3%
Belgium3.22.92.32.5-7.9%
France0.30.40.61.049.4%
Netherlands0.40.70.70.720.5%
Czech Republic0.70.30.40.5-10.6%
PortugalN/AN/A0.20.350.0%
Others1.90.50.50.2-52.8%
Total13.914.516.114.61.7%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Luxembourg in 2022:

  1. Germany (2991.1 tons)
  2. Belgium (522.5 tons)
  3. France (313.0 tons)
  4. Netherlands (177.9 tons)
  5. Czech Republic (154.2 tons)
  6. Portugal (97.8 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg

In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Luxembourg rose to 509 tons, with an increase of 3.4% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of 572 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium fell to $2.3M in 2022. In general, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 1.4%. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,8902,0041,7221,484-7.7%
France832716454502-15.5%
Netherlands13918924921315.3%
Germany10911695.591.4-5.7%
United Kingdom0.80.20.29.2125.7%
Others34.223.815.531.7-2.5%
Total3,0053,0492,5372,331-8.1%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Luxembourg in 2022:

  1. Belgium (289.1 tons)
  2. France (138.2 tons)
  3. Netherlands (42.2 tons)
  4. Germany (22.4 tons)
  5. United Kingdom (10.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)

Country coverage:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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