Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden - 2023

Contents:

  1. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden (FOB) - 2023
  2. Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden (CIF) - 2023
  3. Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden
  4. Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden

Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden (FOB) - 2023

In October 2023, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $6,883 per ton, picking up by 18% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Malaysia ($15,665 per ton), while the average price for exports to the UK ($3,790 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 Brazil (+2.7%), 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 Sweden (CIF) - 2023

In October 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $5,263 per ton, shrinking by -1.7% against the previous month. In general, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in February 2023 when the average import price increased by 60% against the previous month. Over the period under review, average import prices hit record highs at $5,353 per ton in September 2023, and then reduced in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($9,375 per ton), while the price for Norway ($4,651 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 the Netherlands (+34.7%), 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 Sweden

In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -11.2% to 14K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 18K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium contracted modestly to $78M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.9% against the previous year. As a result, the exports reached the peak of $84M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland21.622.225.120.5-1.7%
Netherlands6.08.710.812.427.4%
Norway10.310.010.712.46.4%
Portugal5.44.86.16.45.8%
Denmark2.22.52.85.737.3%
Lithuania0.52.22.93.081.7%
Slovakia2.52.42.42.2-4.2%
Poland1.91.41.51.7-3.6%
Spain0.10.71.11.4141.0%
Estonia0.40.40.51.140.1%
United Kingdom0.91.10.90.8-3.9%
Russia20.718.64.90.3-75.6%
Others5.78.69.29.819.8%
Total78.283.678.778.0-0.1%

Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Sweden in 2022:

  1. Finland (3.7K tons)
  2. Netherlands (2.9K tons)
  3. Norway (1.9K tons)
  4. Portugal (1.0K tons)
  5. Denmark (0.8K tons)
  6. Slovakia (0.5K tons)
  7. Lithuania (0.4K tons)
  8. United Kingdom (0.3K tons)
  9. Estonia (0.2K tons)
  10. Poland (0.2K tons)
  11. Spain (0.2K tons)
  12. Russia (0.1K tons)

Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden

In 2022, imports of paints and varnishes, based on polyesters, non-aqueous medium into Sweden reduced to 6.6K tons, waning by -4.1% compared with the previous year. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 1.9%.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium expanded modestly to $27M in 2022. Overall, imports saw a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland4.73.84.85.12.8%
Norway5.14.24.84.3-5.5%
Italy2.82.94.24.012.6%
Germany1.41.33.74.041.9%
Belgium1.41.62.02.216.3%
Poland3.01.31.72.1-11.2%
United Kingdom4.42.91.21.3-33.4%
Estonia0.90.90.90.7-8.0%
Denmark1.50.20.70.7-22.4%
Others2.92.22.62.6-3.6%
Total28.221.326.527.1-1.3%

Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Sweden in 2022:

  1. Italy (1520.4 tons)
  2. Finland (1262.4 tons)
  3. Norway (897.0 tons)
  4. Germany (724.9 tons)
  5. Poland (679.4 tons)
  6. Belgium (380.9 tons)
  7. United Kingdom (280.2 tons)
  8. Estonia (229.3 tons)
  9. Denmark (151.6 tons)

Source: IndexBox Market Intelligence Platform

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