Czech Republic: 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 the Czech Republic

In 2021, the Czech market for paint, distemper, varnish or similar brushes, paint pads and rollers increased by 68% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption saw a strong expansion. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in years to come.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the Czech Republic

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +22.0% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 43% against the previous year. Production of peaked in 2021 and is expected to retain growth in the immediate term.

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

Exports from the Czech Republic

For the third year in a row, the Czech Republic recorded growth in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 7.8% to X units in 2021. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +14.8% against 2017 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 23% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded remarkably to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +61.1% against 2015 indices. The pace of growth was the most pronounced in 2020 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the Czech Republic, accounting for a 29% 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, France (X units), fourfold. Poland (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.5% per year) and Poland (+10.1% per year).

In value terms, Germany ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from the Czech Republic, comprising 37% of total exports. The second position in the ranking was taken by France ($X), with a 7% share of total exports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.2% per year) and the Netherlands (+2.5% per year).

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, picking up by 1.6% against the previous year. In general, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 10%. The export price peaked at $X per unit in 2013; however, from 2014 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 Slovakia ($X per unit), while the average price for exports to the United States ($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 Italy (+3.0%), 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 the Czech Republic

In 2021, overseas purchases of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 39% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 59%. Over the period under review, imports of attained the maximum at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller supplier to the Czech Republic, accounting for a 79% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was held by France (X units), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.7% per year) and France (+57.4% per year).

In value terms, Germany ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to the Czech Republic, comprising 67% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 9.8% share of total imports. It was followed by France, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+12.7% per year) and France (+40.2% 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, remaining stable against the previous year. Overall, the import price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 57%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform