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South Africa - 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 South Africa - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (FOB) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (CIF) - 2022
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $1,319 per ton, dropping by -12.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $1,599 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($3,579 per ton), while the average price for exports to Lesotho ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $3,351 per ton, shrinking by -6.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $3,682 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($7,861 per ton), while the price for Turkey ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa
In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from South Africa fell slightly to 19K tons, which is down by -3.1% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports attained the peak of 20K tons, and then reduced slightly in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium fell to $25M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $29M, and then contracted in the following year.
Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mozambique | 5.7 | 5.2 | 7.0 | 7.3 | 8.6% |
Botswana | 3.3 | 2.6 | 4.4 | 4.3 | 9.2% |
Namibia | 3.7 | 3.0 | 2.5 | 3.2 | -4.7% |
Zambia | 2.5 | 1.8 | 2.5 | 2.5 | 0.0% |
Swaziland | 1.2 | 1.0 | 1.3 | 1.5 | 7.7% |
Lesotho | 1.1 | 0.7 | 0.7 | 0.8 | -10.1% |
Madagascar | 0.7 | 0.6 | 0.8 | 0.5 | -10.6% |
Malawi | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
Others | 4.7 | 3.8 | 9.4 | 4.6 | -0.7% |
Total | 23.6 | 19.5 | 29.4 | 25.0 | 1.9% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from South Africa in 2022:
- Mozambique (6.3K tons)
- Botswana (3.3K tons)
- Namibia (2.8K tons)
- Zambia (1.6K tons)
- Lesotho (1.2K tons)
- Swaziland (1.1K tons)
- Malawi (0.6K tons)
- Madagascar (0.3K tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa
Imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into South Africa expanded slightly to 3.1K tons in 2022, surging by 4.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium contracted to $10M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of $11M, and then reduced in the following year.
Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.3 | 2.3 | 3.9 | 3.8 | 4.8% |
Germany | 2.6 | 1.9 | 2.5 | 2.2 | -5.4% |
United Kingdom | 1.0 | 0.7 | 0.9 | 1.4 | 11.9% |
Italy | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
China | 0.4 | 0.7 | 0.6 | 0.6 | 14.5% |
United States | 1.0 | 0.3 | 0.4 | 0.4 | -26.3% |
Netherlands | 0.5 | 0.5 | 1.0 | 0.4 | -7.2% |
Turkey | N/A | N/A | 0.1 | 0.1 | 0.0% |
Others | 0.8 | 0.5 | 0.8 | 0.7 | -4.4% |
Total | 9.9 | 7.1 | 10.5 | 10.3 | 1.3% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to South Africa in 2022:
- Germany (795.0 tons)
- Japan (777.6 tons)
- United Kingdom (689.4 tons)
- China (273.2 tons)
- Italy (137.8 tons)
- Turkey (122.4 tons)
- Netherlands (105.9 tons)
- United States (69.8 tons)
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. 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:
- 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.
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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 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 aqueous paint and varnish in South Africa.
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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 South Africa.
This report provides an in-depth analysis of the paint and varnish market in South Africa.
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.