Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (FOB) - 2023
  2. Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (CIF) - 2023
  3. Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain
  4. Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (FOB) - 2023

In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,581 per ton, shrinking by -10.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average export price increased by 13% month-to-month. As a result, the export price reached the peak level of $6,232 per ton, and then reduced in the following month.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was France ($6,795 per ton), while the average price for exports to Andorra ($2,080 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 Netherlands (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,889 per ton, which is down by -2.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 8% month-to-month. Over the period under review, average import prices reached the peak figure at $5,630 per ton in July 2023; however, from August 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 Netherlands ($8,565 per ton), while the price for Poland ($1,448 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 France (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain

Exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Spain fell to 22K tons in 2022, waning by -11.3% against 2021 figures. Over the period under review, exports saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 24K tons, and then dropped in the following year.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium reduced to $116M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $121M, and then dropped slightly in the following year.

Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15.719.323.019.77.9%
Italy8.97.810.512.913.2%
France9.58.711.812.28.7%
United Kingdom6.54.69.28.810.6%
Germany9.68.310.58.6-3.6%
Morocco2.22.93.35.031.5%
United States1.32.14.14.551.3%
Poland2.93.54.14.314.0%
Netherlands0.91.51.23.252.6%
Austria2.01.72.72.69.1%
Brazil0.51.20.92.058.7%
Cuba1.90.43.71.7-3.6%
Chile3.12.62.61.7-18.1%
Others32.528.033.128.6-4.2%
Total97.692.71211165.9%

Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Spain in 2022:

  1. Portugal (3.5K tons)
  2. Italy (2.9K tons)
  3. France (2.2K tons)
  4. United Kingdom (1.5K tons)
  5. Germany (1.3K tons)
  6. Morocco (0.9K tons)
  7. Poland (0.8K tons)
  8. Netherlands (0.7K tons)
  9. United States (0.6K tons)
  10. Cuba (0.6K tons)
  11. Austria (0.5K tons)
  12. Chile (0.5K tons)
  13. Brazil (0.4K tons)

Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain

In 2022, purchases abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -16.9% to 22K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 2.3% against the previous year. As a result, imports attained the peak of 26K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium dropped to $113M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, imports reached the peak of $121M, and then contracted in the following year.

Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.029.734.024.6-10.2%
Italy16.517.620.922.410.7%
Belgium10.49.511.918.521.2%
France13.410.713.412.8-1.5%
United Kingdom11.712.58.010.6-3.2%
Netherlands11.211.118.49.7-4.7%
Poland4.34.75.75.58.6%
Others10.26.88.29.3-3.0%
Total1121031211130.3%

Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Spain in 2022:

  1. Italy (4.3K tons)
  2. Belgium (4.1K tons)
  3. Germany (3.5K tons)
  4. France (2.8K tons)
  5. Poland (2.1K tons)
  6. United Kingdom (1.7K tons)
  7. Netherlands (1.5K tons)

Source: IndexBox Market Intelligence Platform

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