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Serbia - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $2,622 per ton in November 2023, reducing by -3.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 16% m-o-m. The import price peaked at $2,913 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,612 per ton), while the price for Croatia ($886 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Croatia (+1.5%), 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 Serbia (FOB) - 2023
In November 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $743 per ton, dropping by -18% against the previous month. Over the period under review, the export price recorded a mild downturn. The most prominent rate of growth was recorded in August 2023 an increase of 40% m-o-m. The export price peaked at $988 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($982 per ton), while the average price for exports to Bosnia and Herzegovina ($617 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia
Imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into Serbia fell to 5.2K tons in 2022, dropping by -14% against 2021 figures. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 6K tons, and then declined in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium fell to $13M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $14M, and then contracted modestly in the following year.
Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.9 | 1.9 | 2.6 | 3.2 | 19.0% |
Italy | 2.0 | 1.9 | 3.0 | 2.7 | 10.5% |
Germany | 1.4 | 1.3 | 1.9 | 2.2 | 16.3% |
Slovenia | 1.2 | 1.3 | 1.2 | 1.0 | -5.9% |
Netherlands | 1.0 | 1.0 | 1.3 | 0.7 | -11.2% |
Poland | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
Greece | 0.5 | 0.6 | 0.6 | 0.5 | 0.0% |
Croatia | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
Hungary | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
Others | 1.2 | 1.1 | 1.7 | 1.3 | 2.7% |
Total | 10.3 | 10.4 | 13.5 | 13.1 | 8.3% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Serbia in 2022:
- United Kingdom (1616.3 tons)
- Germany (698.6 tons)
- Italy (656.1 tons)
- Croatia (530.4 tons)
- Slovenia (392.0 tons)
- Netherlands (347.6 tons)
- Poland (263.9 tons)
- Greece (229.3 tons)
- Hungary (81.4 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia
Exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Serbia fell slightly to 22K tons in 2022, therefore, remained relatively stable against 2021 figures. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 8.8% against the previous year. As a result, the exports reached the peak of 22K tons, and then fell in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium rose remarkably to $13M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 5.8 | 5.5 | 6.5 | 6.3 | 2.8% |
North Macedonia | 1.8 | 1.7 | 2.0 | 2.2 | 6.9% |
Montenegro | 1.1 | 1.1 | 1.1 | 1.2 | 2.9% |
Croatia | 0.3 | 0.6 | 0.8 | 1.0 | 49.4% |
Bulgaria | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
Hungary | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Romania | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Others | 1.1 | 0.9 | 0.9 | 1.2 | 2.9% |
Total | 10.8 | 10.4 | 12.2 | 13.1 | 6.6% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Serbia in 2022:
- Bosnia and Herzegovina (12.9K tons)
- North Macedonia (3.3K tons)
- Croatia (1.7K tons)
- Montenegro (1.5K tons)
- Bulgaria (0.9K tons)
- Romania (0.4K tons)
- Hungary (0.4K tons)
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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.
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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
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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
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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
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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
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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
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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
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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 paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Serbia.
This report provides an in-depth analysis of the paint and varnish market in Serbia.
This report provides an in-depth analysis of the market for aqueous paint and varnish in Serbia.
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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 paint and varnish market.
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 market for metal spiral or discs spring.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Serbia.
This report provides an in-depth analysis of the paint and varnish market in Serbia.
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.
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. ...
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 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.
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. ...
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.