Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine (CIF) - 2023
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine (FOB) - 2022
  3. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine
  4. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,757 per ton, falling by -4.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $7,153 per ton. From March 2023 to October 2023, the average import prices remained at a 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 France ($12,828 per ton), while the price for Thailand ($1,504 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 the Czech Republic (+3.0%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $3,502 per ton, falling by -4.2% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 126% against the previous year. As a result, the export price reached the peak level of $6,338 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($4,419 per ton), while the average price for exports to Serbia ($1,637 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 Slovakia (+14.8%), 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 Ukraine

In 2022, supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -54.3% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of 8.8K tons, and then shrank rapidly in the following year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium shrank remarkably to $23M in 2022. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $42M, and then declined rapidly in the following year.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.79.713.07.1-2.7%
Germany6.45.67.33.5-18.2%
Italy2.83.24.12.6-2.4%
Netherlands2.01.11.21.5-9.1%
China1.42.41.91.52.3%
Czech Republic1.51.72.11.4-2.3%
Slovenia0.40.41.11.348.1%
Belgium1.61.20.90.6-27.9%
Belarus0.91.22.10.1-51.9%
Hungary0.70.80.70.1-47.7%
Thailand0.30.40.30.1-30.7%
Others4.55.27.13.3-9.8%
Total30.333.041.723.1-8.6%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Ukraine in 2022:

  1. Poland (1145.9 tons)
  2. China (619.7 tons)
  3. Italy (453.8 tons)
  4. Germany (447.4 tons)
  5. Czech Republic (282.7 tons)
  6. Slovenia (200.6 tons)
  7. Netherlands (191.3 tons)
  8. Belgium (91.9 tons)
  9. Thailand (64.6 tons)
  10. Belarus (51.6 tons)
  11. Hungary (27.3 tons)

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine

In 2022, approx. 287 tons of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium were exported from Ukraine; which is down by -21.6% compared with the year before. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 367 tons, and then contracted dramatically in the following year.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium declined rapidly to $1M in 2022. Over the period under review, total exports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of $1.3M, and then contracted rapidly in the following year.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland15320448251249.6%
Moldova81.114412717529.2%
Romania7.113.931.773.7118.1%
Russia26930840872.8-35.3%
Serbia75.428.027.156.5-9.2%
Slovakia9.89.715.129.043.6%
Belarus75.610894.425.9-30.0%
Lithuania43.214.816.89.6-39.4%
Germany63.811.725.26.0-54.5%
Others12117511246.5-27.3%
Total9001,0171,3401,0073.8%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Ukraine in 2022:

  1. Poland (148.9 tons)
  2. Moldova (40.5 tons)
  3. Serbia (34.5 tons)
  4. Romania (19.7 tons)
  5. Russia (16.5 tons)
  6. Belarus (9.1 tons)
  7. Slovakia (6.9 tons)
  8. Lithuania (2.0 tons)
  9. Germany (1.4 tons)

Source: IndexBox Market Intelligence Platform

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