Chile: 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 Chile

The Chilean market for paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021, picking up by 111% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Exports from Chile

In 2021, approx. X units of paint, distemper, varnish or similar brushes, paint pads and rollers were exported from Chile; growing by 19% compared with the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 1,500%. Over the period under review, the exports of reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers totaled $X in 2021. Over the period under review, exports saw a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 2,117%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Ecuador (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Chile, with a 76% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Ecuador exceeded the volume sent to the second major destination, Paraguay (X units), fivefold. The third position in this ranking was taken by Peru (X units), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+32.1% per year) and Peru (-17.7% per year).

In value terms, Paraguay ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Chile, comprising 46% of total exports. The second position in the ranking was held by Peru ($X), with a 12% share of total exports. It was followed by Ecuador, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay stood at +58.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-8.8% per year) and Ecuador (+1.6% 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, reducing by -7.5% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 469%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Ecuador ($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 Uruguay (+20.3%), 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 Chile

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers imported into Chile skyrocketed to X units, picking up by 99% against the previous year. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main paint, distemper, varnish or similar brush, paint pad and roller supplier to Chile, with a 95% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. The third position in this ranking was taken by Indonesia (X units), with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.5% per year) and Indonesia (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Chile, comprising 88% of total imports. The second position in the ranking was held by Indonesia ($X), with a 4.9% share of total imports. It was followed by Brazil, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-1.8% per year) and Brazil (-4.9% per year).

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, growing by 9.1% against the previous year. Overall, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2018 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform