Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania (FOB) - 2023
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,428 per ton in 2022, surging by 14% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $4,809 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,017 per ton), while the price for Sweden ($2,205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+2.8%), 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 Lithuania (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $7,033 per ton in October 2023, surging by 9.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 43% month-to-month. As a result, the export price attained the peak level of $7,671 per ton. From March 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Cyprus ($13,417 per ton), while the average price for exports to Estonia ($4,063 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 the UK (+18.0%), 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 Lithuania
For the third consecutive year, Lithuania recorded decline in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, which decreased by -23.8% to 5.9K tons in 2022. Overall, imports saw a deep setback. The smallest decline of -1.4% was in 2021.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium fell to $26M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.2%.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 9.4 | 8.4 | 7.9 | 5.7 | -15.4% |
| Poland | 3.8 | 4.6 | 5.4 | 4.9 | 8.8% |
| Sweden | 6.3 | 5.3 | 5.4 | 3.5 | -17.8% |
| Italy | 4.5 | 2.7 | 2.6 | 3.3 | -9.8% |
| Germany | 2.3 | 2.5 | 2.6 | 3.1 | 10.5% |
| Estonia | 1.2 | 1.7 | 1.8 | 2.0 | 18.6% |
| Latvia | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
| France | 1.2 | 1.2 | 1.1 | 0.5 | -25.3% |
| Others | 2.5 | 2.6 | 2.2 | 2.2 | -4.2% |
| Total | 31.6 | 29.4 | 29.8 | 25.9 | -6.4% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Lithuania in 2022:
- Sweden (1584.1 tons)
- Poland (1046.5 tons)
- Slovenia (958.9 tons)
- Italy (827.6 tons)
- Estonia (477.4 tons)
- Germany (349.1 tons)
- Latvia (187.6 tons)
- France (64.5 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania
In 2022, exports of paints and varnishes, based on polyesters, non-aqueous medium from Lithuania reduced rapidly to 2.8K tons, falling by -29.7% compared with the year before. Overall, exports faced a deep slump. The smallest decline of -2.6% was in 2020.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium shrank significantly to $15M in 2022. In general, exports showed a abrupt curtailment. The smallest decline of -3.7% was in 2020.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.9 | 12.5 | 11.0 | 6.3 | -24.9% |
| Uzbekistan | N/A | 0.3 | 1.2 | 2.5 | 188.7% |
| Belarus | 2.3 | 2.3 | 2.4 | 2.2 | -1.5% |
| Kazakhstan | 0.4 | 0.5 | 0.6 | 2.1 | 73.8% |
| Ukraine | 1.6 | 2.8 | 2.2 | 0.5 | -32.1% |
| Latvia | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
| Estonia | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.6 | 0.8 | 0.3 | 0.9 | 14.5% |
| Total | 20.7 | 20.0 | 18.2 | 15.2 | -9.8% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Lithuania in 2022:
- Russia (1217.0 tons)
- Uzbekistan (455.8 tons)
- Kazakhstan (368.3 tons)
- Belarus (360.3 tons)
- Latvia (134.3 tons)
- Ukraine (98.4 tons)
- Estonia (49.9 tons)
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