Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (CIF) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (FOB) - 2023
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,929 per ton, falling by -24.8% against the previous month. Overall, the import price showed a slight downturn. The most prominent rate of growth was recorded in December 2022 an increase of 17% month-to-month. The import price peaked at $8,242 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Norway ($44,277 per ton), while the price for Serbia ($3,961 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,128 per ton in October 2023, picking up by 2.2% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2023 an increase of 43% m-o-m. The export price peaked at $5,345 per ton in February 2023; however, from March 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($10,042 per ton), while the average price for exports to Albania ($3,427 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia
In 2022, after three years of growth, there was significant decline in overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -9.4% to 3K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium contracted to $22M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38%.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 8.0 | 12.1 | 11.1 | 35.1% |
| Italy | 3.3 | 3.7 | 5.2 | 5.0 | 14.9% |
| Slovenia | 2.0 | 3.0 | 2.6 | 2.4 | 6.3% |
| Sweden | 0.9 | 1.0 | 1.3 | 1.1 | 6.9% |
| Austria | 0.4 | 0.3 | 0.5 | 0.7 | 20.5% |
| Spain | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
| Serbia | 0.4 | 0.6 | 0.2 | 0.2 | -20.6% |
| Bulgaria | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.7 | 0.7 | 0.9 | 0.8 | 4.6% |
| Total | 12.8 | 17.7 | 23.6 | 22.0 | 19.8% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Croatia in 2022:
- Germany (1287.5 tons)
- Italy (862.5 tons)
- Slovenia (396.4 tons)
- Sweden (112.8 tons)
- Austria (97.8 tons)
- Bulgaria (72.9 tons)
- Serbia (72.0 tons)
- Spain (53.4 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia
In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -16.9% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium reduced to $4.4M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 47%.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 1,076 | 1,497 | 1,275 | 1,221 | 4.3% |
| Bosnia and Herzegovina | 887 | 945 | 919 | 886 | -0.0% |
| Turkey | 77.3 | 612 | 821 | 857 | 123.0% |
| Hungary | 299 | 425 | 424 | 387 | 9.0% |
| Serbia | 205 | 163 | 373 | 190 | -2.5% |
| Greece | 57.1 | 28.3 | 37.3 | 155 | 39.5% |
| Albania | 126 | 136 | 151 | 129 | 0.8% |
| Others | 318 | 679 | 756 | 566 | 21.2% |
| Total | 3,045 | 4,485 | 4,756 | 4,390 | 13.0% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Croatia in 2022:
- Turkey (296.0 tons)
- Bosnia and Herzegovina (228.0 tons)
- Slovenia (200.4 tons)
- Hungary (92.9 tons)
- Greece (57.4 tons)
- Serbia (45.7 tons)
- Albania (42.6 tons)
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