Germany: Paint And Varnish Market 2025

Paint And Varnish Market Size in Germany

In 2022, after two years of growth, there was significant decline in the German paint and varnish market, when its value decreased by -9.4% to $X. Overall, consumption showed a slight shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Paint And Varnish Production in Germany

In value terms, paint and varnish production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Paint And Varnish Exports

Exports from Germany

In 2022, paint and varnish exports from Germany contracted to X tons, reducing by -6.3% compared with 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 9.9%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, paint and varnish exports shrank to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Belgium (X tons), Poland (X tons) and France (X tons) were the main destinations of paint and varnish exports from Germany, together accounting for 30% of total exports. Austria, the Netherlands, the UK, China, Italy, Switzerland, the Czech Republic, Turkey, Spain and the United States lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paint and varnish exported from Germany were Belgium ($X), Poland ($X) and Austria ($X), together comprising 26% of total exports. France, the Netherlands, China, Italy, the Czech Republic, Switzerland, the UK, the United States, Turkey and Spain lagged somewhat behind, together accounting for a further 47%.

Turkey, with a CAGR of +5.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paint and varnish export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 14%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Paint And Varnish Imports

Imports into Germany

In 2022, paint and varnish imports into Germany fell to X tons, with a decrease of -7.8% against 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 8.9%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, paint and varnish imports contracted slightly to $X in 2022. Over the period under review, imports, however, saw a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

France (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of paint and varnish imports to Germany, together comprising 45% of total imports. Belgium, the UK, Austria, Switzerland, Poland, Spain and Sweden lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +3.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Italy ($X) constituted the largest paint and varnish suppliers to Germany, together comprising 39% of total imports. The Netherlands, Switzerland, the UK, Austria, Poland, Spain and Sweden lagged somewhat behind, together comprising a further 52%.

In terms of the main suppliers, Poland, with a CAGR of +4.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paint and varnish import price stood at $X per ton in 2022, growing by 7% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 when the average import price increased by 14%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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