Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $14,558 per ton in October 2023, with an increase of 63% against the previous month. Overall, the import price showed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to +22.2% per month.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (FOB) - 2023
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $3,317 per ton in October 2023, falling by -39% against the previous month. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in February 2023 an increase of 31% against the previous month. As a result, the export price attained the peak level of $6,339 per ton. From March 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($7,156 per ton), while the average price for exports to Norway stood at $1,745 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.3%), 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, Non-Aqueous Medium in Finland
In 2022, approx. 2.6K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Finland; surging by 6.4% on the previous year. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium rose notably to $20M in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 5.6 | 6.4 | 7.0 | 7.8 | 11.7% |
| Germany | 6.4 | 6.2 | 7.4 | 6.9 | 2.5% |
| United Kingdom | 1.7 | 1.2 | 1.2 | 1.5 | -4.1% |
| Netherlands | 1.1 | 1.0 | 1.0 | 1.0 | -3.1% |
| Belgium | 1.1 | 0.5 | 0.5 | 0.8 | -10.1% |
| Poland | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| France | 1.9 | 0.4 | 0.4 | 0.4 | -40.5% |
| Spain | 0.7 | 0.1 | 0.1 | 0.2 | -34.1% |
| Others | 0.7 | 0.5 | 0.4 | 0.4 | -17.0% |
| Total | 19.4 | 16.3 | 18.4 | 19.7 | 0.5% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Finland in 2022:
- Sweden (943.7 tons)
- Germany (905.4 tons)
- United Kingdom (224.2 tons)
- Netherlands (119.2 tons)
- Poland (118.1 tons)
- Belgium (93.7 tons)
- France (57.5 tons)
- Spain (28.3 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, which increased by 15% to 1.8K tons in 2022. The total export volume increased at an average annual rate of +13.6% 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 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $9.2M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,235 | 1,299 | 1,867 | 2,291 | 22.9% |
| Estonia | 1,126 | 1,001 | 1,164 | 1,993 | 21.0% |
| Russia | 627 | 886 | 1,228 | 1,407 | 30.9% |
| Lithuania | 751 | 815 | 987 | 1,069 | 12.5% |
| Latvia | 878 | 977 | 1,014 | 1,005 | 4.6% |
| Poland | 247 | 154 | 164 | 156 | -14.2% |
| Norway | 23.5 | 28.1 | 107 | 135 | 79.1% |
| Denmark | 421 | 377 | 57.0 | 49.7 | -50.9% |
| Others | 714 | 702 | 780 | 1,124 | 16.3% |
| Total | 6,023 | 6,240 | 7,370 | 9,230 | 15.3% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Finland in 2022:
- Sweden (636.9 tons)
- Estonia (245.1 tons)
- Lithuania (224.0 tons)
- Russia (223.1 tons)
- Latvia (211.6 tons)
- Norway (76.7 tons)
- Poland (32.5 tons)
- Denmark (11.0 tons)
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