Australia and Oceania: Market for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium 2025

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

The market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Australia and Oceania expanded to $X in 2022, increasing by 2.3% against the previous year. Overall, consumption, however, recorded a pronounced setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium in Australia and Oceania

In value terms, production of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium rose to $X in 2022 estimated in export price. In general, production, however, showed a perceptible decrease. The growth pace was the most rapid in 2013 when the production volume increased by 35%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

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

Exports in Australia and Oceania

For the fourth year in a row, Australia and Oceania recorded growth in shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 42% to X tons in 2022. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 46%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia represented the key exporting country with an export of around X tons, which recorded 79% of total exports. It was distantly followed by New Zealand (X tons), making up a 21% share of total exports.

Australia was also the fastest-growing in terms of the paints and varnishes, based on acrylic or vinyl polymers, aqueous medium exports, with a CAGR of +24.6% from 2012 to 2022. At the same time, New Zealand (+1.6%) displayed positive paces of growth. While the share of Australia (+46 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-45.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest paints and varnishes, based on acrylic or vinyl polymers, aqueous medium supplier in Australia and Oceania, comprising 68% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +16.3%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, shrinking by -12.2% against the previous year. In general, the export price showed a mild decrease. The growth pace was the most rapid in 2016 an increase of 29%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+5.4%).

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

Imports in Australia and Oceania

In 2022, supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium increased by 10% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 41%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

New Zealand (X tons) and Australia (X tons) dominates medium structure, together making up 73% of total imports. It was distantly followed by New Caledonia (X tons), French Polynesia (X tons) and Papua New Guinea (X tons), together creating a 23% share of total imports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +19.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paints and varnishes, based on acrylic or vinyl polymers, aqueous medium importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and New Caledonia ($X), with a combined 87% share of total imports.

In terms of the main importing countries, New Zealand, with a CAGR of +19.7%, 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.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, surging by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017 an increase of 18%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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