![South Africa - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/south-africa-paints-and-varnishes-dispersed-or-dissolved-in-an-aqueous-medium-market-analysis-forecast-size-trends-and-insights.webp)
South Africa - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Aqueous Paint and Varnish in South Africa - 2023
Contents:
- Price for Aqueous Paint and Varnish in South Africa (FOB) - 2023
- Price for Aqueous Paint and Varnish in South Africa (CIF) - 2023
- Exports of Aqueous Paint and Varnish in South Africa
- Imports of Aqueous Paint and Varnish in South Africa
Price for Aqueous Paint and Varnish in South Africa (FOB) - 2023
The average aqueous paint and varnish export price stood at $1,860 per ton in July 2023, almost unchanged from the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 26% against the previous month. Over the period under review, the average export prices hit record highs at $1,938 per ton in July 2022; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Namibia ($2,441 per ton), while the average price for exports to Swaziland ($1,207 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aqueous Paint and Varnish in South Africa (CIF) - 2023
The average aqueous paint and varnish import price stood at $4,055 per ton in July 2023, reducing by -16.7% against the previous month. In general, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in January 2023 an increase of 39% month-to-month. The import price peaked at $5,338 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($6,385 per ton), while the price for China ($2,034 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aqueous Paint and Varnish in South Africa
After three years of growth, shipments abroad of paints and varnishes dispersed or dissolved in an aqueous medium decreased by -3.5% to 31K tons in 2022. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 32K tons, and then fell slightly in the following year.
In value terms, aqueous paint and varnish exports reduced to $53M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of $59M, and then contracted in the following year.
Export of Aqueous Paint and Varnish in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 9.6 | 10.1 | 13.4 | 13.7 | 12.6% |
Mozambique | 6.6 | 6.2 | 8.2 | 8.3 | 7.9% |
Botswana | 4.5 | 4.0 | 6.5 | 7.0 | 15.9% |
Nigeria | 3.0 | 2.1 | 8.6 | 5.5 | 22.4% |
Zambia | 3.3 | 2.8 | 3.3 | 3.2 | -1.0% |
Swaziland | 2.3 | 2.0 | 2.7 | 3.2 | 11.6% |
Lesotho | 1.7 | 1.4 | 1.9 | 2.2 | 9.0% |
Malawi | 1.1 | 1.1 | 1.1 | 0.8 | -10.1% |
Others | 7.9 | 10.1 | 13.6 | 9.2 | 5.2% |
Total | 40.1 | 40.0 | 59.4 | 53.1 | 9.8% |
Top Export Markets for Aqueous Paint and Varnish from South Africa in 2022:
- Namibia (8.4K tons)
- Mozambique (6.7K tons)
- Botswana (4.6K tons)
- Swaziland (2.4K tons)
- Nigeria (2.1K tons)
- Zambia (1.9K tons)
- Lesotho (1.7K tons)
- Malawi (0.8K tons)
Imports of Aqueous Paint and Varnish in South Africa
In 2022, approx. 8.4K tons of paints and varnishes dispersed or dissolved in an aqueous medium were imported into South Africa; increasing by 5.4% compared with 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, aqueous paint and varnish imports rose modestly to $35M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +52.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Aqueous Paint and Varnish in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.5 | 10.3 | 15.5 | 13.3 | -6.9% |
Japan | 3.8 | 2.8 | 4.4 | 4.2 | 3.4% |
Spain | 2.2 | 0.9 | 2.2 | 4.1 | 23.1% |
France | 1.2 | 1.2 | 1.7 | 2.5 | 27.7% |
United Kingdom | 1.4 | 1.1 | 1.5 | 2.0 | 12.6% |
Netherlands | 1.6 | 1.4 | 2.3 | 1.5 | -2.1% |
Indonesia | 0.2 | 1.1 | 1.2 | 1.1 | 76.5% |
China | 0.7 | 0.9 | 1.0 | 0.9 | 8.7% |
United States | 2.2 | 0.8 | 1.1 | 0.8 | -28.6% |
Others | 3.1 | 2.2 | 2.5 | 4.4 | 12.4% |
Total | 32.8 | 22.8 | 33.3 | 34.7 | 1.9% |
Top Suppliers of Aqueous Paint and Varnish to South Africa in 2022:
- Germany (2256.1 tons)
- Spain (1231.9 tons)
- Japan (882.9 tons)
- France (876.5 tons)
- United Kingdom (844.0 tons)
- Indonesia (600.4 tons)
- China (512.3 tons)
- Netherlands (296.1 tons)
- United States (121.8 tons)
This report provides an in-depth analysis of the market for aqueous paint and varnish in South Africa. 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)
- Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for aqueous paint and varnish in South Africa.
This report provides an in-depth analysis of the paint and varnish market in South Africa.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in South Africa.
This report provides an in-depth analysis of the market for metal spiral or discs spring in South Africa.
This report provides an in-depth analysis of the global market for aqueous paint and varnish.
This report provides an in-depth analysis of the global paint and varnish market.
This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
This report provides an in-depth analysis of the market for aqueous paint and varnish in South Africa.
This report provides an in-depth analysis of the paint and varnish market in South Africa.
Discover the top import markets for aqueous paint and varnish in the world. Explore key statistics and trends in the global trade of these products.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top countries that are major importers of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium. Learn about their import values and the factors driving their demand for these products.
Discover the top import markets for aqueous paint and varnish in the world. Explore key statistics and trends in the global trade of these products.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top countries that are major importers of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium. Learn about their import values and the factors driving their demand for these products.