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World - Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Paints And Varnishes - Market Analysis, Forecast, Size, Trends And Insights

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Oct 30, 2024

Top Import Markets for Paints and Varnishes

Paint and varnish play a crucial role in enhancing the aesthetics and protecting the surfaces of various objects, from buildings to automobiles. With a global market size of billions of dollars, the import trade of paint and varnish is a thriving sector that offers immense opportunities for manufacturers and suppliers worldwide.

This article discusses the top import markets for paint and varnish, highlighting the key statistics and numbers. The analysis is based on the latest data available from the IndexBox market intelligence platform.

1. China: Leading the Import Market with a Value of $1.5 Billion

China takes the lead as the world's largest import market for paint and varnish, with an import value of $1.5 billion in 2022. The country's booming construction industry and growing automotive sector contribute to its substantial demand for paint and varnish.

2. Canada and Germany: Neck and Neck with $1.3 Billion Imports

Canada and Germany both hold the second position in terms of import value, each with $1.3 billion in 2022. Canada's strong housing market and infrastructure development projects drive the demand for paint and varnish, while Germany's robust manufacturing and automotive industries contribute to its import market.

The United States closely follows these two countries, importing paint and varnish worth $1.2 billion in 2022. The construction boom and innovative manufacturing processes in the United States bolster the demand for high-quality paint and varnish.

4. France and Belgium: Prominent Import Markets in Europe

France ranks fifth in the global import market for paint and varnish, with an import value of $947.0 million in 2022. The country's significant architectural heritage, coupled with its thriving tourism sector, creates a constant need for paint and varnish.

Belgium closely follows France, importing $945.4 million worth of paint and varnish in 2022. The country's strategic location and robust manufacturing sector contribute to its position as a significant import market in Europe.

6. Poland: Importing $928.7 Million Worth of Paint and Varnish

Poland holds the sixth spot on the list, with an import value of $928.7 million in 2022. The country's construction sector growth, along with expanding manufacturing activities, drives the demand for quality paint and varnish.

7. Mexico: Emerging Import Market with $849.1 Million Imports

Mexico emerges as a prominent import market for paint and varnish, with imports valued at $849.1 million in 2022. The country's growing automotive industry and infrastructure projects contribute to the rising demand for paint and varnish.

8. Netherlands: Importing $805.0 Million Worth of Paint and Varnish

The Netherlands secures the eighth position in the global import market, importing $805.0 million worth of paint and varnish in 2022. The country's well-developed manufacturing and construction sectors create a constant demand for paint and varnish.

9. Italy: Importing $761.9 Million Worth of Paint and Varnish

Italy completes the list of the world's top import markets for paint and varnish, with imports valued at $761.9 million in 2022. The country's rich cultural heritage and architectural landmarks contribute to the demand for high-quality paint and varnish.

Overall, these top import markets for paint and varnish exhibit substantial growth potential and offer lucrative opportunities for manufacturers and suppliers worldwide. Understanding the dynamics of these markets, including import trends, consumer preferences, and regulatory frameworks, can provide a strategic advantage for market players.

For comprehensive and up-to-date market intelligence on the global paint and varnish industry, trade data, and in-depth analysis, companies can leverage the IndexBox market intelligence platform. This platform provides valuable insights and helps businesses make informed decisions to navigate the competitive landscape successfully.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global paint and varnish market. 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
  • Prodcom 20301170 - Other paints, varnishes dispersed or dissolved in an aqueous medium
  • Prodcom 20301225 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium, weight of the solvent > .50 % of the weight of the solution including enamels and lacquers
  • Prodcom 20301229 - Paints and varnishes, based on polyesters dispersed/dissolved in a non-aqueous medium including enamels and lacquers excluding weight of the solvent > .50 % of the weight of the solution
  • Prodcom 20301230 - Paints and varnishes, based on acrylic or vinyl polymers dispersed/dissolved in non-aqueous medium, weight of the solvent > .50 % of the solution weight including enamels and lacquers
  • Prodcom 20301250 - Other paints and varnishes based on acrylic or vinyl polymers
  • Prodcom 20301270 - Paints and varnishes: solutions n.e.c.
  • Prodcom 20301290 - Other paints and varnishes based on synthetic polymers n.e.c.
  • Prodcom 20302213 - Oil paints and varnishes (including enamels and lacquers)
  • Prodcom 20302215 - Prepared water pigments for finishing leather, paints and varnishes (including enamels, lacquers and distempers) (excluding of oil)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Akzo Nobel, BASF, Jotun, Hempel, Daw, Beckers Group, Tikkurila, Brillux, Cromology, Meffert, Teknos, Mankiewicz, Tiger Coatings, Betek Boya, Flügger Group, Wörwag, J.W. Ostendorf, Corporação Industrial do Norte, Yasar, Grebe Holding, Frei Lacke, Sniezka, Industrias Titan, ICA, Kayalar Kimya

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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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