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

Contents:

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

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

In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $39,699 per ton, picking up by 719% against the previous month. Overall, the import price continues to indicate a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +4.8% per month.

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

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $6,069 per ton in October 2023, picking up by 1.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in December 2022 an increase of 18% month-to-month. The export price peaked in October 2023.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Turkey ($6,742 per ton), while the average price for exports to the UK ($4,153 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 Sweden (+4.8%), 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 Finland

In 2022, overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium decreased by -27.5% to 5.9K tons, falling for the second consecutive year after two years of growth. In general, imports showed a slight descent. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. As a result, imports reached the peak of 8.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium plummeted to $29M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden22.624.827.321.3-2.0%
Italy1.01.31.31.719.3%
France1.31.93.31.79.4%
Poland1.92.81.41.3-11.9%
Estonia0.1N/AN/A0.791.3%
Others2.03.42.52.11.6%
Total28.934.335.828.8-0.1%

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

  1. Sweden (4006.0 tons)
  2. France (648.8 tons)
  3. Poland (412.6 tons)
  4. Italy (316.9 tons)
  5. Estonia (183.4 tons)

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

In 2022, overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium decreased by -49% to 5.8K tons, falling for the second year in a row after two years of growth. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 12K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium fell significantly to $28M in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports attained the peak of $49M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia31.337.631.911.6-28.2%
Kazakhstan0.10.10.22.2180.2%
Netherlands1.91.41.81.90.0%
Sweden2.62.42.21.8-11.5%
France1.31.21.71.79.4%
Poland1.52.02.91.2-7.2%
Germany0.90.60.71.16.9%
Norway0.90.81.11.03.6%
UzbekistanN/AN/A0.21.0400.0%
Azerbaijan0.10.10.10.9108.0%
Estonia0.80.90.90.80.0%
Ireland0.40.50.40.57.7%
Latvia0.20.20.40.426.0%
Others1.61.71.81.60.0%
Total43.549.446.327.6-14.1%

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

  1. Russia (2602.6 tons)
  2. Sweden (431.7 tons)
  3. Kazakhstan (415.4 tons)
  4. Poland (314.0 tons)
  5. Netherlands (297.8 tons)
  6. Estonia (251.6 tons)
  7. France (240.4 tons)
  8. Germany (185.6 tons)
  9. Norway (184.2 tons)
  10. Uzbekistan (176.1 tons)
  11. Azerbaijan (136.8 tons)
  12. Ireland (112.5 tons)
  13. Latvia (101.9 tons)

Source: IndexBox Market Intelligence Platform

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