Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $5,714 per ton in 2022, with a decrease of -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked at $5,845 per ton in 2021, and then shrank modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,737 per ton), while the price for the United States ($1,515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.3%), 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 Venezuela (FOB) - 2022
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $8,175 per ton in 2022, increasing by 10% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 101%. As a result, the export price reached the peak level of $8,616 per ton. From 2021 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 Costa Rica ($10,542 per ton), while the average price for exports to Aruba ($878 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 the Dominican Republic (+9.4%), 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 Venezuela
In 2022, approx. 213 tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Venezuela; falling by -21.5% against the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of 271 tons, and then contracted significantly in the following year.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium shrank remarkably to $1.2M in 2022. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $1.6M, and then dropped markedly in the following year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 200 | 228 | 588 | 394 | 25.4% |
| Colombia | 22.9 | 98.2 | 171 | 186 | 101.0% |
| United Kingdom | 132 | 167 | 288 | 180 | 10.9% |
| China | 1.1 | 3.7 | 17.0 | 92.6 | 338.3% |
| Mexico | 95.7 | 74.4 | 140 | 73.3 | -8.5% |
| Spain | 133 | 122 | 118 | 69.3 | -19.5% |
| United States | 14.7 | 12.5 | 32.8 | 58.6 | 58.6% |
| France | 42.4 | 42.8 | 59.0 | 29.5 | -11.4% |
| Others | 184 | 99.2 | 171 | 133 | -10.3% |
| Total | 826 | 848 | 1,584 | 1,216 | 13.8% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Venezuela in 2022:
- Brazil (54.5 tons)
- United States (38.7 tons)
- United Kingdom (35.5 tons)
- Colombia (24.7 tons)
- Mexico (13.8 tons)
- Spain (10.9 tons)
- China (10.6 tons)
- France (5.4 tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela
In 2022, after two years of decline, there was significant growth in shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium, when their volume increased by 32% to 629 kg. Over the period under review, exports, however, saw a dramatic downturn.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium skyrocketed to $5.1K in 2022. In general, exports, however, continue to indicate a perceptible curtailment.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 4.1 | 4.6 | 2.9 | 4.5 | 3.2% |
| Jamaica | 1.1 | 1.0 | 0.5 | 0.5 | -23.1% |
| Aruba | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Dominican Republic | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 5.7 | 6.7 | 3.5 | 5.1 | -3.6% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Venezuela in 2022:
- Costa Rica (424.0 kg)
- Aruba (123.0 kg)
- Jamaica (79.0 kg)
- Dominican Republic (3.0 kg)
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This report provides an in-depth analysis of the market for non-aqueous paint and varnish in Venezuela.
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