ASEAN: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2025

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in ASEAN

In 2021, the ASEAN market for paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in ASEAN

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports in ASEAN

In 2021, after three years of growth, there was significant decline in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -5.3% to X units. Total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-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 2016 when exports increased by 95% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers reduced to $X in 2021. The total export value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 33%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Indonesia was the main exporter of paint, distemper, varnish or similar brushes, paint pads and rollers in ASEAN, with the volume of exports resulting at X units, which was near 46% of total exports in 2021. It was distantly followed by Cambodia (X units) and Vietnam (X units), together creating a 49% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cambodia (with a CAGR of +99.8%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the largest paint, distemper, varnish or similar brush, paint pad and roller supplier in ASEAN, comprising 54% of total exports. The second position in the ranking was held by Vietnam ($X), with a 21% share of total exports. It was followed by Cambodia, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia amounted to -3.4%. In the other countries, the average annual rates were as follows: Vietnam (+8.6% per year) and Cambodia (+84.6% per year).

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 46% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports in ASEAN

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers imported in ASEAN skyrocketed to X units, picking up by 31% on the previous year's figure. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 32% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 49%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of paint, distemper, varnish or similar brushes, paint pads and rollers in 2021 were Thailand (X units), Malaysia (X units), Indonesia (X units) and the Philippines (X units), together accounting for 86% of total import. It was distantly followed by Singapore (X units), making up a 7.7% share of total imports. Myanmar (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of +52.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2021, with a combined 72% share of total imports. Malaysia, Singapore, Vietnam and Myanmar lagged somewhat behind, together comprising a further 27%.

Myanmar, with a CAGR of +16.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per unit, with an increase of 3.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2019 when the import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform