Bolivia: Market for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium 2024

Market Size for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium in Bolivia

The Bolivian market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium reduced to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Exports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

Exports from Bolivia

Exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Bolivia surged to X kg in 2022, increasing by X% against 2021 figures. Over the period under review, exports posted a strong expansion. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium dropped sharply to $X in 2022. Overall, exports saw tangible growth. The smallest decline of X% was in 2016. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X kg) was the main destination for exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Bolivia, accounting for a X% share of total exports. It was followed by Chile (X kg), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Peru stood at X%.

In value terms, Peru ($X) emerged as the key foreign market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium exports from Bolivia, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of value to Peru amounted to X%.

Export Prices by Country

The average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Peru stood at $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium

Imports into Bolivia

Imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into Bolivia fell to X tons in 2022, waning by X% on the previous year's figure. In general, imports, however, saw a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium to Bolivia, accounting for a X% share of total imports. Moreover, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Brazil exceeded the figures recorded by the second-largest supplier, Colombia (X tons), more than tenfold. The third position in this ranking was taken by Mexico (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Mexico (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium to Bolivia, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with an X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Mexico (X% per year).

Import Prices by Country

The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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