Report Update: Nov 1, 2024

China - Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium - Market Analysis, Forecast, Size, Trends and Insights

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Aqueous Paint And Varnish Prices in China

China Aqueous Paint And Varnish Import Price in September 2022

In September 2022, the aqueous paint and varnish price stood at $3,460 per ton (CIF, China), reducing by -2.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 15% m-o-m. The import price peaked at $3,748 per ton in April 2022; however, from May 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($5,947 per ton), while the price for Taiwan (Chinese) ($1,393 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

China Aqueous Paint And Varnish Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was paints and varnishes, based on polymers other than acrylic or vinyl, aqueous medium ($4,950 per ton), while the price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $2,759 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by paints and varnishes, based on polymers other than acrylic or vinyl, aqueous medium (+2.7%).

China Aqueous Paint And Varnish Imports

In September 2022, supplies from abroad of paints and varnishes dispersed or dissolved in an aqueous medium was finally on the rise to reach 7.8K tons after two months of decline. Over the period under review, total imports indicated a perceptible expansion from January 2022 to September 2022: its volume increased at an average monthly rate of +2.6% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +18.6% against August 2022 indices. The growth pace was the most rapid in May 2022 when imports increased by 34% m-o-m. Imports peaked at 8.7K tons in June 2022; however, from July 2022 to September 2022, imports remained at a lower figure.

In value terms, aqueous paint and varnish imports surged to $27M (IndexBox estimates) in September 2022. Overall, total imports indicated a pronounced expansion from January 2022 to September 2022: its value increased at an average monthly rate of +3.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +15.3% against August 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 24% m-o-m. Over the period under review, imports reached the peak figure at 32K tons in June 2022; however, from July 2022 to September 2022, imports remained at a lower figure.

China Aqueous Paint And Varnish Imports by Type

In September 2022, paints and varnishes, based on acrylic or vinyl polymers, aqueous medium (5.3K tons) constituted the largest type of aqueous paint and varnish supplied to China, with a 68% share of total imports. Moreover, paints and varnishes, based on acrylic or vinyl polymers, aqueous medium exceeded the figures recorded for the second-largest type, paints and varnishes, based on polymers other than acrylic or vinyl, aqueous medium (2.5K tons), twofold.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to +6.0%.

In value terms, the most traded types of paints and varnishes dispersed or dissolved in an aqueous medium in China were paints and varnishes, based on acrylic or vinyl polymers, aqueous medium ($15M) and paints and varnishes, based on polymers other than acrylic or vinyl, aqueous medium ($12M).

China Aqueous Paint And Varnish Imports by Country

In September 2022, Germany (3K tons) constituted the largest aqueous paint and varnish supplier to China, accounting for a 39% share of total imports. Moreover, aqueous paint and varnish imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (1.2K tons), threefold. The third position in this ranking was held by South Korea (814 tons), with a 10% share.

From January 2022 to September 2022, the average monthly growth rate of volume from Germany totaled +7.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (+10.3% per month) and South Korea (+3.1% per month).

In value terms, the largest aqueous paint and varnish suppliers to China were Germany ($7.4M), the United States ($5.2M) and Singapore ($3.1M), together accounting for 58% of total imports.

Among the main suppliers, the United States, with a CAGR of +13.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for aqueous paint and varnish in China. 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

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023