Serbia - Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Serbia - Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia - 2023

Contents:

  1. Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (CIF) - 2022
  2. Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (FOB) - 2022
  3. Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia
  4. Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia

Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (CIF) - 2022

In 2022, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $0.5 per unit, picking up by 14% against the previous year. In general, the import price, however, saw a perceptible decline. Over the period under review, average import prices hit record highs at $0.8 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1.3 per unit), while the price for Bulgaria ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced a decline.

Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (FOB) - 2022

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.6 per unit in 2022, shrinking by -4.6% against the previous year. In general, the export price continues to indicate a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 79%. Over the period under review, the average export prices hit record highs at $1 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1.2 per unit), while the average price for exports to Belarus ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia

In 2022, supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers decreased by -3.6% to 4.4M units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 134%. As a result, imports attained the peak of 5.2M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded markedly to $2.2M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6091,1181,0881,26727.7%
Czech Republic19030222832519.6%
Poland1321602221708.8%
Germany190217189165-4.6%
Turkey52.069.173.365.47.9%
Bulgaria1.392.261.033.5195.4%
Others204114154181-3.9%
Total1,3792,0712,0162,20717.0%

Top Suppliers of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller to Serbia in 2022:

  1. China (2888.6K units)
  2. Czech Republic (574.5K units)
  3. Germany (285.0K units)
  4. Poland (255.2K units)
  5. Turkey (151.5K units)
  6. Bulgaria (100.1K units)

Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia

In 2022, after three years of growth, there was significant decline in overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -38.9% to 3.5M units. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 49%. Over the period under review, the exports of attained the peak figure at 5.7M units in 2021, and then dropped notably in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers fell sharply to $1.9M in 2022. In general, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44%. The exports peaked at $3.3M in 2021, and then reduced dramatically in the following year.

Export of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8781,3961,916872-0.2%
Romania3063955973847.9%
Algeria10464.770.71204.9%
Montenegro1041161121204.9%
ArmeniaN/A23.341.995.8102.8%
Bosnia and Herzegovina11610810881.4-11.1%
North Macedonia12317799.466.8-18.4%
Greece8.527.29.128.950.4%
Belarus40.493.588.6N/A48.1%
Others1522452801673.2%
Total1,8322,6473,3231,9351.8%

Top Export Markets for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller from Serbia in 2022:

  1. Russia (1553.4K units)
  2. Romania (763.0K units)
  3. Algeria (234.8K units)
  4. Armenia (185.0K units)
  5. Montenegro (154.5K units)
  6. Bosnia and Herzegovina (129.9K units)
  7. North Macedonia (108.9K units)
  8. Greece (76.9K units)
  9. Belarus (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32911930 - Paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes
  • Prodcom 32911950 - Paint pads and rollers

Country coverage:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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