Brazil: 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 Brazil

The Brazilian market for paint, distemper, varnish or similar brushes, paint pads and rollers shrank to $X in 2021, approximately mirroring the previous year. In general, consumption saw a slight reduction. The pace of growth was the most pronounced in 2020 with an increase of 2.8% against the previous year. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of 0.8%. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports from Brazil

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers exported from Brazil soared to X units, rising by 31% on the previous year's figure. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. The total export value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bolivia (X units), the Dominican Republic (X units) and Paraguay (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Brazil, together accounting for 51% of total exports. Uruguay, Costa Rica, Chile, Argentina, Panama, the United States, Ecuador, Colombia, Peru and Guatemala lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +49.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from Brazil were the Dominican Republic ($X), Paraguay ($X) and Bolivia ($X), together comprising 49% of total exports. These countries were followed by Uruguay, Panama, Chile, the United States, Costa Rica, Ecuador, Argentina, Peru, Colombia and Guatemala, which together accounted for a further 42%.

Among the main countries of destination, the United States, with a CAGR of +44.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, with an increase of 4.4% against the previous year. Overall, the export price, however, showed a noticeable decline. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Argentina ($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 Guatemala (-0.1%), while the prices for the other major destinations experienced a decline.

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

Imports into Brazil

In 2021, purchases abroad of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 29% to X units, rising for the second consecutive year after two years of decline. In general, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by 106%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 78% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) was the main paint, distemper, varnish or similar brush, paint pad and roller supplier to Brazil, with a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +9.8%.

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Brazil.

From 2012 to 2021, the average annual growth rate of value from China amounted to +8.6%.

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, approximately mirroring the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 5.3%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.0% per year.

Source: IndexBox Platform