Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia (FOB) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia (CIF) - 2023
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,505 per ton in October 2023, increasing by 32% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Tajikistan ($11,580 per ton), while the average price for exports to Kosovo ($3,357 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 Tajikistan (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,334 per ton, dropping by -23.9% against the previous month. Over the period under review, the import price recorded a mild descent. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 8.3% month-to-month. Over the period under review, average import prices hit record highs at $7,623 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($17,190 per ton), while the price for Serbia ($3,268 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 Austria (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia
For the fourth consecutive year, Slovenia recorded growth in shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium, which increased by 3.8% to 9.1K tons in 2022. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 4.8% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium expanded markedly to $39M in 2022. The total export value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. 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 Polyesters, Non-Aqueous Medium in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 0.1 | 4.6 | 8.7 | 832.7% |
| Russia | 5.9 | 5.9 | 6.6 | 5.3 | -3.5% |
| Uzbekistan | N/A | N/A | 0.1 | 4.6 | 4500.0% |
| Sweden | 9.3 | 7.6 | 7.7 | 2.9 | -32.2% |
| Croatia | 1.8 | 2.8 | 3.0 | 2.6 | 13.0% |
| Estonia | N/A | 0.1 | 0.4 | 2.1 | 358.3% |
| Bosnia and Herzegovina | 1.2 | 1.6 | 2.0 | 1.8 | 14.5% |
| Slovakia | 1.2 | 1.5 | 1.4 | 1.4 | 5.3% |
| Austria | 0.9 | 1.6 | 1.3 | 1.3 | 13.0% |
| Ukraine | 0.8 | 0.8 | 1.2 | 1.1 | 11.2% |
| Serbia | 1.1 | 3.0 | 1.9 | 1.1 | 0.0% |
| Germany | 0.7 | 0.8 | 1.0 | 1.1 | 16.3% |
| Belarus | 0.8 | 0.7 | 0.8 | 1.0 | 7.7% |
| Others | 4.0 | 5.1 | 4.2 | 3.9 | -0.8% |
| Total | 27.8 | 31.6 | 36.1 | 38.7 | 11.7% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Slovenia in 2022:
- Italy (2925.8 tons)
- Russia (1169.7 tons)
- Sweden (754.2 tons)
- Uzbekistan (730.7 tons)
- Estonia (550.8 tons)
- Croatia (400.4 tons)
- Bosnia and Herzegovina (373.5 tons)
- Austria (329.3 tons)
- Germany (254.9 tons)
- Slovakia (249.0 tons)
- Belarus (225.9 tons)
- Ukraine (216.4 tons)
- Serbia (196.9 tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia
For the third year in a row, Slovenia recorded decline in overseas purchases of paints and varnishes, based on polyesters, non-aqueous medium, which decreased by -16.3% to 2K tons in 2022. In general, imports showed a deep setback. The smallest decline of -5.2% was in 2021.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced dramatically to $12M in 2022. Over the period under review, imports showed a perceptible reduction. The growth pace was the most rapid in 2021 when imports increased by 8.7%. As a result, imports attained the peak of $15M, and then fell rapidly in the following year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.4 | 3.9 | 4.5 | 3.5 | 1.0% |
| Germany | 3.5 | 4.0 | 4.7 | 3.4 | -1.0% |
| Austria | 0.5 | 1.1 | 1.4 | 1.5 | 44.2% |
| Croatia | 0.6 | 1.2 | 1.1 | 1.0 | 18.6% |
| Spain | 2.8 | 1.6 | 1.2 | 1.0 | -29.1% |
| Serbia | 0.3 | 0.4 | 0.6 | 0.7 | 32.6% |
| Hungary | 0.1 | 0.6 | 0.6 | 0.4 | 58.7% |
| Others | 2.0 | 1.0 | 1.0 | 0.8 | -26.3% |
| Total | 13.4 | 13.8 | 15.0 | 12.3 | -2.8% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Slovenia in 2022:
- Germany (500.2 tons)
- Italy (478.0 tons)
- Serbia (249.1 tons)
- Spain (227.4 tons)
- Austria (192.2 tons)
- Croatia (180.7 tons)
- Hungary (42.7 tons)
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