Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy (FOB) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy (CIF) - 2023
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy (FOB) - 2023
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,749 per ton in October 2023, increasing by 11% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Switzerland ($12,194 per ton), while the average price for exports to Algeria ($4,075 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 Switzerland (+6.0%), 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, Non-Aqueous Medium in Italy (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $7,592 per ton, with a decrease of -7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 21% month-to-month. As a result, import price attained the peak level of $9,046 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($9,121 per ton), while the price for Serbia ($3,622 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 Turkey (+4.7%), 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, Non-Aqueous Medium in Italy
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Italy dropped to 42K tons, waning by -6.4% compared with 2021. The total export volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports attained the peak of 45K tons, and then contracted in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium shrank to $222M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, the exports reached the peak of $230M, and then reduced in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.0 | 19.3 | 23.9 | 21.1 | 5.4% |
| Poland | 15.0 | 16.5 | 20.4 | 19.9 | 9.9% |
| Spain | 13.5 | 15.6 | 17.6 | 17.6 | 9.2% |
| Germany | 11.1 | 11.3 | 20.2 | 15.5 | 11.8% |
| Turkey | 6.4 | 8.3 | 11.0 | 12.7 | 25.7% |
| United Kingdom | 12.4 | 11.8 | 14.0 | 11.8 | -1.6% |
| Belgium | 1.0 | 1.0 | 3.4 | 8.5 | 104.1% |
| Croatia | 6.8 | 6.6 | 7.3 | 6.8 | 0.0% |
| Romania | 4.5 | 4.8 | 6.8 | 6.7 | 14.2% |
| Greece | 4.1 | 4.1 | 5.4 | 6.5 | 16.6% |
| Russia | 11.2 | 11.0 | 12.6 | 5.9 | -19.2% |
| United States | 2.6 | 2.6 | 3.3 | 5.7 | 29.9% |
| Portugal | 4.8 | 4.8 | 6.0 | 5.7 | 5.9% |
| Others | 61.9 | 57.8 | 77.7 | 77.9 | 8.0% |
| Total | 173 | 175 | 230 | 222 | 8.7% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Italy in 2022:
- Poland (4.1K tons)
- Spain (3.6K tons)
- France (3.5K tons)
- Germany (3.0K tons)
- Turkey (2.5K tons)
- Belgium (2.2K tons)
- United Kingdom (2.1K tons)
- Croatia (1.5K tons)
- Portugal (1.3K tons)
- Romania (1.2K tons)
- Greece (1.2K tons)
- Russia (1.1K tons)
- United States (0.9K tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy
In 2022, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Italy reduced to 21K tons, with a decrease of -5.1% against 2021 figures. The total import volume increased at an average annual rate of +8.4% 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 38%. As a result, imports reached the peak of 22K tons, and then reduced in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded slightly to $120M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.7 | 20.6 | 29.8 | 29.7 | 11.0% |
| Spain | 9.2 | 10.0 | 17.2 | 18.3 | 25.8% |
| United Kingdom | 13.7 | 10.9 | 15.5 | 16.3 | 6.0% |
| Belgium | 12.8 | 12.3 | 15.1 | 14.8 | 5.0% |
| Netherlands | 7.1 | 8.1 | 11.2 | 12.4 | 20.4% |
| France | 8.4 | 4.7 | 7.7 | 9.5 | 4.2% |
| Poland | 1.4 | 1.7 | 2.1 | 3.6 | 37.0% |
| Sweden | 1.5 | 1.6 | 1.4 | 1.7 | 4.3% |
| Portugal | 1.3 | 1.2 | 1.4 | 1.2 | -2.6% |
| Others | 12.4 | 12.2 | 14.1 | 12.9 | 1.3% |
| Total | 89.5 | 83.3 | 115 | 120 | 10.3% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Italy in 2022:
- Netherlands (4.0K tons)
- Spain (3.7K tons)
- Germany (3.4K tons)
- United Kingdom (2.5K tons)
- Belgium (2.5K tons)
- France (1.2K tons)
- Poland (0.6K tons)
- Sweden (0.6K tons)
- Portugal (0.3K tons)
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