Indonesia: 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 Indonesia

The Indonesian market for paint, distemper, varnish or similar brushes, paint pads and rollers rose slightly to $X in 2021, increasing by 3.3% against the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 46% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

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

Exports from Indonesia

In 2021, exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Indonesia contracted to X units, reducing by -10.4% compared with 2020 figures. Overall, exports saw a noticeable decline. The growth pace was the most rapid in 2016 with an increase of 95%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers shrank to $X in 2021. Over the period under review, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 with an increase of 28% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Indonesia, with a 72% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to the United States exceeded the volume sent to the second major destination, Australia (X units), sixfold. Canada (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+0.1% per year) and Canada (-7.9% per year).

In value terms, the United States ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Indonesia, comprising 72% of total exports. The second position in the ranking was taken by Australia ($X), with a 13% share of total exports. It was followed by Canada, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+1.3% per year) and Canada (-6.9% 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, picking up by 5.5% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 79% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Australia ($X per unit) and the United States ($X per unit), while the average price for exports to Canada ($X per unit) and Chile ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.2%), 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 Indonesia

In 2021, imports of paint, distemper, varnish or similar brushes, paint pads and rollers into Indonesia skyrocketed to X units, increasing by 29% compared with the previous year. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2017 with an increase of 55% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. In general, imports saw resilient growth. As a result, imports reached 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 Indonesia, with a 96% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +8.1%.

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Indonesia, comprising 96% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 1.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +9.7%.

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, with an increase of 8.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.5%).

Source: IndexBox Platform