Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal - 2023

Contents:

1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal (CIF) - 2023
2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal (FOB) - 2023
3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal
4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $4,754 per ton, surging by 25% 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 June 2023 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $4,970 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,081 per ton), while the price for the Netherlands ($3,017 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 Denmark (+1.9%), 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 Portugal (FOB) - 2023

In October 2023, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $4,015 per ton, dropping by -3% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 11% month-to-month. As a result, the export price attained the peak level of $4,493 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($5,464 per ton), while the average price for exports to Greece ($2,922 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 Spain (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal

In 2022, after three years of growth, there was decline in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -3.5% to 8.7K tons. The total import volume increased at an average annual rate of +13.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 32%.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium declined modestly to $33M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $34M, and then fell slightly in the following year.

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Portugal in 2022:

1. Spain (5.1K tons)
2. Italy (1.7K tons)
3. France (0.8K tons)
4. Netherlands (0.3K tons)
5. Germany (0.3K tons)
6. Poland (0.2K tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium, when their volume decreased by -18.4% to 6.5K tons. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 56%.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium declined to $27M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 49%. As a result, the exports attained the peak of $30M, and then dropped in the following year.

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Portugal in 2022:

1. Spain (5.7K tons)
2. France (0.2K tons)
3. Greece (0.1K tons)

Source: IndexBox Market Intelligence Platform