Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa (CIF) - 2022
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa (CIF) - 2022
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,788 per ton in 2022, growing by 34% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $7,509 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($30,935 per ton), while the price for Egypt ($2,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa (FOB) - 2023
In December 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,659 per ton, jumping by 23% against the previous month. Over the period under review, the export price showed noticeable growth. The pace of growth was the most pronounced in March 2023 when the average export price increased by 99% m-o-m. Over the period under review, the average export prices hit record highs at $2,740 per ton in August 2023; afterwards, it flattened through to December 2023.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Zimbabwe ($4,473 per ton), while the average price for exports to Botswana ($801 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+11.2%), 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 South Africa
Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into South Africa declined dramatically to 4.7K tons in 2022, which is down by -18.9% compared with the year before. Overall, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% 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 +39.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 72%. As a result, imports reached the peak of 5.9K tons, and then contracted dramatically in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $32M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.5 | 8.9 | 10.2 | 10.9 | -4.5% |
| France | 1.6 | 1.4 | 2.0 | 2.7 | 19.1% |
| Switzerland | 3.5 | 1.2 | 2.6 | 2.6 | -9.4% |
| United States | 2.7 | 1.9 | 2.6 | 2.5 | -2.5% |
| Italy | 3.0 | 2.0 | 2.6 | 2.5 | -5.9% |
| United Kingdom | 0.7 | 0.7 | 2.5 | 2.4 | 50.8% |
| China | 1.1 | 0.8 | 1.1 | 1.7 | 15.6% |
| Spain | 0.7 | 0.5 | 1.4 | 1.6 | 31.7% |
| Netherlands | 0.5 | 0.9 | 0.7 | 1.0 | 26.0% |
| Brazil | N/A | 0.3 | 0.3 | 0.8 | 63.3% |
| Austria | N/A | 0.5 | 1.2 | 0.8 | 26.5% |
| Egypt | 0.7 | 0.4 | 0.4 | 0.3 | -24.6% |
| Others | 2.9 | 1.3 | 1.9 | 2.3 | -7.4% |
| Total | 29.8 | 20.8 | 29.6 | 32.2 | 2.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to South Africa in 2022:
- Germany (1423.5 tons)
- China (539.9 tons)
- United States (425.4 tons)
- France (386.8 tons)
- United Kingdom (377.6 tons)
- Italy (318.0 tons)
- Spain (295.7 tons)
- Netherlands (162.3 tons)
- Austria (147.1 tons)
- Brazil (134.0 tons)
- Egypt (124.7 tons)
- Switzerland (84.6 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa
In 2022, approx. 4.8K tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were exported from South Africa; picking up by 99% compared with 2021. Overall, exports, however, showed a noticeable downturn.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium surged to $12M in 2022. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 1,346 | 388 | 874 | 2,809 | 27.8% |
| Zambia | 787 | 203 | 415 | 2,374 | 44.5% |
| Namibia | 2,181 | 481 | 1,169 | 1,935 | -3.9% |
| Botswana | 1,661 | 704 | 602 | 1,493 | -3.5% |
| Zimbabwe | 487 | 375 | 486 | 1,118 | 31.9% |
| Swaziland | 798 | 258 | 121 | 938 | 5.5% |
| Democratic Republic of the Congo | 323 | 72.3 | 206 | 434 | 10.3% |
| Lesotho | 859 | 416 | 343 | 332 | -27.2% |
| Ghana | 317 | 29.2 | 189 | 61.1 | -42.2% |
| Others | 813 | 997 | 4,866 | 959 | 5.7% |
| Total | 9,572 | 3,923 | 9,270 | 12,454 | 9.2% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from South Africa in 2022:
- Mozambique (1138.2 tons)
- Botswana (941.8 tons)
- Zambia (924.2 tons)
- Namibia (493.6 tons)
- Swaziland (468.9 tons)
- Lesotho (268.5 tons)
- Zimbabwe (263.8 tons)
- Democratic Republic of the Congo (53.2 tons)
- Ghana (20.3 tons)
1369
This report provides an in-depth analysis of the paint and varnish market in South Africa.
340
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in South Africa.
3775
This report provides an in-depth analysis of the global paint and varnish market.
454
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
340
This report provides an in-depth analysis of the market for non-aqueous paint and varnish in South Africa.
454
This report provides an in-depth analysis of the global market for non-aqueous paint and varnish.
230
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.
1850
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. ...
3215
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. ...
