Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $5,554 per ton in October 2023, with an increase of 10% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in November 2022 when the average import price increased by 28% month-to-month. Over the period under review, average import prices hit record highs at $5,793 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,472 per ton), while the price for Austria ($1,396 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 Sweden (+3.8%), 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, Non-Aqueous Medium in Portugal (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $3,572 per ton, with an increase of 6.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 39% against the previous month. The export price peaked at $4,942 per ton in January 2023; however, from February 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($5,416 per ton), while the average price for exports to France ($2,018 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 France (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal
In 2022, approx. 18K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were imported into Portugal; picking up by 8.3% on the previous year's figure. The total import volume increased at an average annual rate of +11.0% 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 2020 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium expanded sharply to $88M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 22.2 | 23.6 | 30.8 | 35.5 | 16.9% |
| Germany | 15.3 | 15.3 | 19.1 | 17.3 | 4.2% |
| Sweden | 7.6 | 7.2 | 8.3 | 10.8 | 12.4% |
| Italy | 8.9 | 8.9 | 9.3 | 10.5 | 5.7% |
| Poland | 2.5 | 3.9 | 5.8 | 5.5 | 30.1% |
| France | 2.2 | 2.0 | 3.1 | 2.8 | 8.4% |
| United Kingdom | 1.5 | 0.6 | 0.9 | 1.8 | 6.3% |
| Romania | 1.0 | 0.4 | 0.8 | 0.5 | -20.6% |
| Others | 2.4 | 1.6 | 2.8 | 3.5 | 13.4% |
| Total | 63.5 | 63.6 | 80.7 | 88.0 | 11.5% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Portugal in 2022:
- Spain (8.1K tons)
- Germany (2.7K tons)
- Italy (2.3K tons)
- Sweden (2.0K tons)
- Poland (1.1K tons)
- France (0.3K tons)
- United Kingdom (0.3K tons)
- Romania (0.2K tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal
In 2022, overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -47.7% to 6.9K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium declined markedly to $26M in 2022. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 16% against the previous year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.2 | 5.9 | 10.3 | 6.9 | 9.9% |
| Netherlands | 3.3 | 5.3 | 6.1 | 3.5 | 2.0% |
| France | 10.1 | 9.9 | 4.5 | 3.4 | -30.4% |
| Poland | 2.9 | 3.8 | 5.6 | 1.8 | -14.7% |
| Italy | 4.6 | 3.7 | 5.7 | 1.7 | -28.2% |
| United Kingdom | 2.6 | 2.7 | 1.4 | 1.6 | -14.9% |
| Greece | 2.1 | 1.8 | 3.6 | 1.1 | -19.4% |
| Brazil | N/A | 0.2 | 0.1 | 0.7 | 87.1% |
| Cabo Verde | 0.3 | 0.3 | 0.6 | 0.7 | 32.6% |
| Angola | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Chile | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Morocco | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Others | 3.6 | 6.9 | 4.2 | 3.6 | 0.0% |
| Total | 35.2 | 41.0 | 42.9 | 26.4 | -9.1% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Portugal in 2022:
- France (2004.7 tons)
- Spain (1316.0 tons)
- Netherlands (835.1 tons)
- Poland (375.4 tons)
- United Kingdom (345.6 tons)
- Italy (328.1 tons)
- Greece (307.0 tons)
- Cabo Verde (191.1 tons)
- Brazil (179.4 tons)
- Morocco (117.6 tons)
- Chile (115.7 tons)
- Angola (113.6 tons)
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