Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium (FOB) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium (CIF) - 2023
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $8,685 per ton, picking up by 7.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 33% month-to-month. Over the period under review, the average export prices hit record highs at $11,673 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Angola ($15,131 per ton), while the average price for exports to the UK ($6,273 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 Turkey (+8.1%), 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 Belgium (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,642 per ton, rising by 4.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 16% m-o-m. As a result, import price attained the peak level of $6,088 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9,580 per ton), while the price for the UK ($3,549 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 (+5.2%), 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 Belgium
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Belgium expanded remarkably to 45K tons, picking up by 9% against 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 57% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $367M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 75%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.9 | 49.4 | 49.6 | 53.7 | 50.0% |
| Indonesia | 0.4 | 0.7 | 5.7 | 45.5 | 384.5% |
| France | 20.0 | 30.3 | 36.1 | 40.5 | 26.5% |
| Netherlands | 13.0 | 15.6 | 19.8 | 17.5 | 10.4% |
| Spain | 5.9 | 8.1 | 8.7 | 14.6 | 35.3% |
| Italy | 4.9 | 10.9 | 13.5 | 13.3 | 39.5% |
| United Kingdom | 6.0 | 15.2 | 12.8 | 12.9 | 29.1% |
| Poland | 4.8 | 7.2 | 9.5 | 10.9 | 31.4% |
| Austria | 2.0 | 8.8 | 8.2 | 9.6 | 68.7% |
| Turkey | 2.6 | 4.0 | 4.5 | 7.7 | 43.6% |
| Sweden | 3.1 | 6.4 | 7.4 | 7.1 | 31.8% |
| United States | 2.1 | 5.1 | 4.5 | 5.0 | 33.5% |
| Russia | 8.3 | 10.7 | 11.5 | 3.6 | -24.3% |
| Others | 63.0 | 94.2 | 114 | 125 | 25.7% |
| Total | 152 | 267 | 306 | 367 | 34.2% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Belgium in 2022:
- Germany (7.3K tons)
- Indonesia (6.5K tons)
- France (5.4K tons)
- Netherlands (2.6K tons)
- Spain (2.6K tons)
- United Kingdom (1.9K tons)
- Italy (1.5K tons)
- Turkey (1.3K tons)
- Poland (1.2K tons)
- United States (0.8K tons)
- Sweden (0.8K tons)
- Austria (0.8K tons)
- Russia (0.4K tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium
Imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium into Belgium rose sharply to 44K tons in 2022, surging by 8.4% against the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.7% 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 +108.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 68%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium rose sharply to $227M in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 81%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.0 | 120 | 132 | 144 | 32.4% |
| Austria | 2.7 | 22.3 | 24.7 | 24.6 | 108.9% |
| France | 7.2 | 7.7 | 14.1 | 12.1 | 18.9% |
| Netherlands | 7.6 | 9.9 | 10.0 | 11.4 | 14.5% |
| United Kingdom | 6.5 | 5.4 | 9.8 | 9.5 | 13.5% |
| Italy | 0.5 | 0.6 | 1.4 | 6.4 | 133.9% |
| Poland | 3.4 | 3.4 | 4.8 | 5.6 | 18.1% |
| Spain | 3.3 | 3.4 | 3.8 | 1.5 | -23.1% |
| Others | 8.9 | 12.3 | 13.6 | 11.1 | 7.6% |
| Total | 102 | 185 | 215 | 227 | 30.6% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Belgium in 2022:
- Germany (29.7K tons)
- Austria (3.4K tons)
- Netherlands (2.3K tons)
- United Kingdom (2.2K tons)
- Italy (1.8K tons)
- France (1.8K tons)
- Poland (1.5K tons)
- Spain (0.3K tons)
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