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

Contents:

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

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

The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $9,402 per ton in November 2023, waning by -11.3% against the previous month. Overall, the export price saw a mild contraction. The pace of growth was the most pronounced in October 2023 when the average export price increased by 13% against the previous month. The export price peaked at $10,643 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Italy ($12,296 per ton), while the average price for exports to Brazil ($7,208 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.8%), 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 Switzerland (CIF) - 2023

In November 2023, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $13,103 per ton, surging by 28% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($19,804 per ton), while the price for Italy ($5,914 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced a decline.

Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Switzerland

In 2022, approx. 5.2K tons of paints and varnishes, based on polyesters, non-aqueous medium were exported from Switzerland; with an increase of 4% compared with 2021. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium expanded sharply to $45M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40% 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.

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

1. Germany (926.0 tons)
2. France (920.1 tons)
3. Spain (702.7 tons)
4. Italy (409.6 tons)
5. Turkey (196.5 tons)
6. Russia (170.0 tons)
7. Norway (144.0 tons)
8. Slovakia (140.8 tons)
9. Poland (131.7 tons)
10. Austria (124.7 tons)
11. Netherlands (114.6 tons)
12. Sweden (111.0 tons)
13. United States (104.8 tons)

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

After three years of growth, purchases abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -9.4% to 4.1K tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 96% against the previous year.

In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium fell to $42M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $48M, and then reduced in the following year.

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

1. Germany (1945.5 tons)
2. France (892.5 tons)
3. Poland (467.7 tons)
4. Italy (369.0 tons)
5. Austria (175.4 tons)
6. Netherlands (164.3 tons)

Source: IndexBox Market Intelligence Platform