Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (FOB) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (CIF) - 2022
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,344 per ton in October 2023, reducing by -5.9% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 7.6% month-to-month. The export price peaked at $5,865 per ton in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to the UK ($5,933 per ton) and Turkey ($5,731 per ton), while the average price for exports to Israel ($4,190 per ton) and Egypt ($4,675 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,856 per ton in 2022, growing by 2.8% against the previous year. In general, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. The import price peaked at $5,759 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($7,277 per ton), while the price for Slovenia ($3,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy
Exports of paints and varnishes, based on polyesters, non-aqueous medium from Italy reduced notably to 69K tons in 2022, falling by -16% against the previous year. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports attained the peak of 82K tons, and then contracted sharply in the following year.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium shrank to $362M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21%. As a result, the exports attained the peak of $399M, and then reduced in the following year.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 45.1 | 44.4 | 50.7 | 37.1 | -6.3% |
| Spain | 28.2 | 26.7 | 35.6 | 32.7 | 5.1% |
| France | 27.4 | 22.9 | 28.4 | 24.8 | -3.3% |
| Poland | 34.3 | 27.3 | 31.7 | 23.5 | -11.8% |
| India | 14.3 | 11.7 | 17.0 | 19.8 | 11.5% |
| Czech Republic | 19.7 | 19.2 | 24.0 | 19.5 | -0.3% |
| Romania | 13.7 | 14.4 | 14.6 | 14.3 | 1.4% |
| Turkey | 6.1 | 7.7 | 10.1 | 13.9 | 31.6% |
| Hungary | 9.5 | 9.8 | 11.7 | 12.9 | 10.7% |
| Russia | 18.9 | 20.0 | 20.0 | 8.4 | -23.7% |
| Belarus | 2.5 | 2.9 | 3.8 | 8.1 | 48.0% |
| Greece | 10.9 | 10.9 | 11.6 | 7.7 | -10.9% |
| Egypt | 4.8 | 4.9 | 5.3 | 7.0 | 13.4% |
| Others | 108 | 107 | 135 | 132 | 6.9% |
| Total | 343 | 330 | 399 | 362 | 1.8% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Italy in 2022:
- Germany (6.5K tons)
- Spain (6.5K tons)
- Poland (4.9K tons)
- France (4.4K tons)
- India (3.9K tons)
- Czech Republic (3.4K tons)
- Turkey (2.6K tons)
- Romania (2.6K tons)
- Hungary (2.4K tons)
- Russia (2.1K tons)
- Belarus (1.7K tons)
- Egypt (1.7K tons)
- Greece (1.7K tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy
In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Italy skyrocketed to 48K tons, jumping by 195% against 2021. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $233M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.4 | 15.6 | 21.7 | 173 | 119.3% |
| Poland | 12.4 | 10.1 | 13.1 | 13.4 | 2.6% |
| Spain | 12.3 | 8.0 | 7.6 | 10.6 | -4.8% |
| France | 12.2 | 11.1 | 11.4 | 9.5 | -8.0% |
| Slovenia | 0.1 | 0.2 | 4.8 | 8.8 | 344.8% |
| Netherlands | 5.7 | 5.4 | 7.1 | 7.8 | 11.0% |
| United Kingdom | 2.6 | 2.0 | 1.0 | 1.5 | -16.8% |
| Others | 9.3 | 6.9 | 10.2 | 7.9 | -5.3% |
| Total | 71.1 | 59.3 | 76.9 | 233 | 48.5% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Italy in 2022:
- Germany (34.6K tons)
- Poland (3.7K tons)
- Slovenia (2.8K tons)
- Spain (2.3K tons)
- France (1.6K tons)
- Netherlands (1.4K tons)
- United Kingdom (0.2K tons)
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