Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (CIF) - 2023
  2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (FOB) - 2023
  3. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark
  4. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (CIF) - 2023

The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,195 per ton in October 2023, with a decrease of -38.2% against the previous month. In general, the import price saw a pronounced setback. The pace of growth was the most pronounced in July 2023 an increase of 352% m-o-m. Over the period under review, average import prices reached the peak figure at $7,107 per ton in January 2023; however, from February 2023 to October 2023, 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 Germany ($7,823 per ton), while the price for Sweden ($2,410 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 Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (FOB) - 2023

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,011 per ton in October 2023, increasing by 6.2% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 11% m-o-m. As a result, the export price attained the peak level of $4,711 per ton. From May 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 ($9,403 per ton), while the average price for exports to France ($2,648 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 Italy (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark

In 2022, approx. 3.8K tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Denmark; which is down by -22.5% against 2021 figures. Over the period under review, imports showed a abrupt shrinkage. The smallest decline of -0.9% was in 2020.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium declined rapidly to $21M in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7.28.48.15.7-7.5%
Germany7.07.110.15.0-10.6%
Italy4.14.14.13.6-4.2%
Netherlands0.40.60.91.762.0%
France1.31.01.11.79.4%
Spain0.62.31.71.535.7%
Poland1.00.51.00.6-15.7%
Norway1.40.80.60.6-24.6%
United Kingdom1.51.70.40.3-41.5%
Others0.51.01.20.50.0%
Total25.027.629.121.1-5.5%

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Denmark in 2022:

  1. Sweden (1013.5 tons)
  2. Germany (743.2 tons)
  3. Netherlands (619.4 tons)
  4. Italy (560.6 tons)
  5. France (226.0 tons)
  6. Spain (218.0 tons)
  7. Poland (196.5 tons)
  8. Norway (109.4 tons)
  9. United Kingdom (55.3 tons)

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark

In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Denmark dropped significantly to 3.3K tons, declining by -30.2% on 2021. Overall, exports saw a abrupt curtailment. The smallest decline of -1.2% was in 2021.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium reduced notably to $12M in 2022. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 8.5% against the previous year. As a result, the exports reached the peak of $16M, and then shrank significantly in the following year.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.17.17.65.9-1.1%
Sweden1.01.11.21.39.1%
France0.70.51.11.012.6%
Greenland0.50.70.80.817.0%
Portugal0.80.91.10.80.0%
Iceland0.40.20.10.1-37.0%
Poland1.00.91.20.1-53.6%
Others3.53.53.11.9-18.4%
Total14.014.816.111.8-5.5%

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Denmark in 2022:

  1. Netherlands (1858.2 tons)
  2. Sweden (353.1 tons)
  3. France (343.0 tons)
  4. Portugal (232.2 tons)
  5. Greenland (185.4 tons)
  6. Poland (27.7 tons)
  7. Iceland (23.7 tons)

Source: IndexBox Market Intelligence Platform

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