Eastern Asia: Paint Brush Market 2020

Paint Brush Market Size in Eastern Asia

The revenue of the paint brush market in Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when market value increased by X% year-to-year. The level of paint brush consumption peaked in 2017, and is expected to retain its growth in the near future.

Paint Brush Production in Eastern Asia

The paint brush production stood at X units in 2017, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of paint brush production peaked in 2017, and is likely to continue its growth in the immediate term.

Paint Brush Exports in Eastern Asia

In 2017, approx. X units of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes were exported in Eastern Asia; growing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, paint brush exports totaled $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush exports decreased by -X% against 2014 indices. Over the period under review, the paint brush exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Paint Brush Exports by Country in Eastern Asia

The exports of the one major exporters of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes, namely China, represented more than two-thirds of total export.

China was also the fastest growing in terms of the paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest paint brush supplier in Eastern Asia.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%.

Paint Brush Export Prices by Country in Eastern Asia

The paint brush export price in Eastern Asia stood at $X per thousand units in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes reached its maximum level of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Paint Brush Imports in Eastern Asia

In 2017, the amount of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes imported in Eastern Asia amounted to X units, standing approx. at the previous year. The total imports indicated a tangible expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush imports increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Over the period under review, the paint brush imports attained its maximum volume of X units in 2016, leveling off in the following year.

In value terms, paint brush imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the paint brush imports increased by +X% against 2007 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Paint Brush Imports by Country in Eastern Asia

Japan was the largest importer of paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Eastern Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2017. South Korea (X units) ranks second in terms of the global imports with a X% share, followed by Taiwan, Chinese (X%), China, Hong Kong SAR (X%) and China (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China, Hong Kong SAR (+X% per year).

Paint Brush Import Prices by Country in Eastern Asia

In 2017, the paint brush import price in Eastern Asia amounted to $X per thousand units, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. The level of import price peaked of $X per thousand units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China, Hong Kong SAR ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform