Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $6,690 per ton in October 2023, shrinking by -11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 24% month-to-month. The import price peaked at $7,671 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat 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 the United States ($19,133 per ton), while the price for Italy ($2,123 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 (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $2,981 per ton, surging by 12% against the previous month. Overall, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in July 2023 an increase of 47% against the previous month. The export price peaked in October 2023.
As there is only one major export destination, 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 +6.5% per month.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium imported into Ireland was estimated at 3.6K tons, growing by 14% compared with the year before. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium rose rapidly to $22M in 2022. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 90%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.6 | 5.0 | 10.4 | 11.4 | 26.7% |
| Netherlands | N/A | 1.2 | 2.9 | 3.2 | 63.3% |
| Belgium | 5.6 | 1.7 | 2.1 | 2.0 | -29.1% |
| Germany | 1.3 | 1.1 | 1.4 | 1.5 | 4.9% |
| Italy | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| China | 0.1 | N/A | 0.8 | 0.8 | 100.0% |
| New Zealand | 0.3 | N/A | 0.5 | 0.5 | 18.6% |
| France | N/A | 0.1 | 0.5 | 0.4 | 100.0% |
| Others | 1.2 | 1.3 | 1.2 | 1.8 | 14.5% |
| Total | 14.1 | 10.5 | 20.0 | 22.4 | 16.7% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Ireland in 2022:
- United Kingdom (1941.7 tons)
- Netherlands (438.4 tons)
- Belgium (329.5 tons)
- China (174.6 tons)
- Italy (168.0 tons)
- Germany (144.1 tons)
- France (69.6 tons)
- New Zealand (66.6 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland
In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Ireland skyrocketed to 685 tons, growing by 52% on the year before. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium skyrocketed to $1.6M in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 154% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 166 | 475 | 1,060 | 1,214 | 94.1% |
| Saudi Arabia | N/A | N/A | N/A | 21.1 | 0% |
| Malaysia | 28.4 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 10.9 | 172 | 362 | 285.9% |
| Total | 201 | 486 | 1,232 | 1,597 | 99.5% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Ireland in 2022:
- United Kingdom (553.9 tons)
- Saudi Arabia (20.4 tons)
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