Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia - 2022
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (CIF) - 2022
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (FOB) - 2022
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (CIF) - 2022
The average import price for paints and varnishes, based on polyesters, non-aqueous medium stood at $4,389 per ton in 2022, surging by 10% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $4,531 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,242 per ton), while the price for Estonia ($2,802 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $2,311 per ton, rising by 37% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paints and varnishes, based on polyesters, non-aqueous medium increased by +78.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($5,843 per ton), while the average price for exports to Kyrgyzstan ($974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia
For the third year in a row, Russia recorded decline in supplies from abroad of paints and varnishes, based on polyesters, non-aqueous medium, which decreased by -57.5% to 18K tons in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -0.6% was in 2020.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced remarkably to $80M in 2022. Overall, imports recorded a significant decrease. The smallest decline of -4.3% was in 2020.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 31.3 | 37.8 | 31.8 | 11.2 | -29.0% |
| Poland | 24.0 | 20.2 | 26.6 | 8.5 | -29.2% |
| Italy | 18.9 | 19.9 | 20.0 | 8.1 | -24.6% |
| Turkey | 0.2 | 2.1 | 2.6 | 6.6 | 220.8% |
| Lithuania | 14.9 | 12.5 | 11.0 | 6.3 | -24.9% |
| Slovenia | 5.9 | 5.8 | 6.6 | 5.3 | -3.5% |
| Germany | 24.9 | 17.6 | 19.0 | 5.3 | -40.3% |
| China | 12.9 | 9.4 | 8.9 | 5.0 | -27.1% |
| Estonia | 7.1 | 7.6 | 8.0 | 4.2 | -16.1% |
| Kazakhstan | 0.2 | 0.1 | 0.1 | 3.4 | 157.1% |
| South Korea | 3.5 | 4.4 | 5.6 | 2.7 | -8.3% |
| Greece | 6.4 | 6.9 | 7.5 | 2.4 | -27.9% |
| Sweden | 20.7 | 18.8 | 5.0 | 0.3 | -75.6% |
| Others | 16.8 | 16.5 | 18.4 | 10.8 | -13.7% |
| Total | 188 | 180 | 171 | 80.2 | -24.7% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Russia in 2022:
- Finland (2.6K tons)
- Italy (2.1K tons)
- Poland (1.9K tons)
- Estonia (1.5K tons)
- China (1.5K tons)
- Turkey (1.4K tons)
- Lithuania (1.2K tons)
- Slovenia (1.2K tons)
- Germany (0.8K tons)
- Kazakhstan (0.6K tons)
- Greece (0.5K tons)
- South Korea (0.5K tons)
- Sweden (0.1K tons)
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia
In 2022, shipments abroad of paints and varnishes, based on polyesters, non-aqueous medium decreased by -15.9% to 29K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 4.6% against the previous year. As a result, the exports reached the peak of 42K 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 surged to $67M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 30.2 | 31.4 | 30.2 | 32.6 | 2.6% |
| Uzbekistan | 1.5 | 1.5 | 11.9 | 23.3 | 149.5% |
| Kyrgyzstan | 3.7 | 2.3 | 3.2 | 3.7 | 0.0% |
| Armenia | 1.3 | 1.3 | 1.3 | 2.1 | 17.3% |
| Mongolia | 1.0 | 1.2 | 1.6 | 1.6 | 17.0% |
| Georgia | 1.3 | 1.2 | 1.1 | 1.6 | 7.2% |
| Tajikistan | 2.5 | 2.0 | 1.8 | 1.2 | -21.7% |
| Austria | 2.5 | 2.5 | 3.8 | N/A | 23.3% |
| Belarus | 6.8 | 6.3 | N/A | N/A | -7.4% |
| Others | 2.6 | 4.7 | 3.5 | 1.3 | -20.6% |
| Total | 53.5 | 54.4 | 58.4 | 67.3 | 7.9% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Russia in 2022:
- Kazakhstan (16.8K tons)
- Uzbekistan (4.0K tons)
- Kyrgyzstan (3.8K tons)
- Georgia (1.1K tons)
- Tajikistan (1.1K tons)
- Armenia (1.1K tons)
- Mongolia (0.9K tons)
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