Austria: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

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

The Austrian market for paint, distemper, varnish or similar brushes, paint pads and rollers rose sharply to $X in 2021, with an increase of 11% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.9% against 2015 indices. Consumption of peaked in 2021 and is likely to continue growth in the immediate term.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021 estimated in export price. In general, production continues to indicate pronounced growth. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

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

Exports from Austria

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers exported from Austria fell to X units, shrinking by -2.5% compared with 2020. Over the period under review, exports, however, posted a notable expansion. The growth pace was the most rapid in 2018 when exports increased by 94%. As a result, the exports attained the peak of X units. From 2019 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 skyrocketed to $X in 2021. Overall, exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2018 with an increase of 82%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Austria, with a 43% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Germany exceeded the volume sent to the second major destination, Hungary (X units), fivefold. France (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+8.4% per year) and France (+14.4% per year).

In value terms, Germany ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Austria, comprising 45% of total exports. The second position in the ranking was taken by France ($X), with an 8.3% share of total exports. It was followed by Hungary, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.4% per year) and Hungary (+2.9% per year).

Export Prices by Country

In 2021, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, picking up by 25% against the previous year. Overall, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Austria

In 2021, supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 36%. Over the period under review, imports of reached the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 28% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Germany (X units), the Czech Republic (X units) and China (X units) were the main suppliers of imports of paint, distemper, varnish or similar brushes, paint pads and rollers to Austria, together comprising 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +5.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Austria, comprising 59% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 18% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+3.9% per year) and China (-0.9% per year).

Import Prices by Country

In 2021, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, picking up by 1.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform