Ireland: 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 Ireland

The Irish market for paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021, growing by 42% 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, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +88.0% against 2017 indices. 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 Ireland

For the third year in a row, Ireland recorded growth in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 72% to X units in 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 191% against the previous year. As a result, the exports attained the peak of X units. From 2018 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 soared to $X in 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 137% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The UK (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Ireland, accounting for a 73% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to the UK exceeded the volume sent to the second major destination, the United States (X units), fivefold. The third position in this ranking was taken by Iceland (X units), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +46.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+32.1% per year) and Iceland (+2,622.5% per year).

In value terms, the UK ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Ireland, comprising 79% of total exports. The second position in the ranking was taken by Iceland ($X), with a 10% share of total exports. It was followed by the United States, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+3,662.4% per year) and the United States (+33.4% 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, reducing by -8.4% against the previous year. Over the period under review, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 109% against the previous year. The export price peaked at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per unit), while the average price for exports to the United States ($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 Iceland (+38.1%), 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 Ireland

In 2021, purchases abroad of paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of reached the maximum at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. Overall, imports recorded a strong 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) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to Ireland, accounting for a 73% 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, the UK (X units), sixfold. The Netherlands (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.1% per year) and the Netherlands (-0.3% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Ireland, comprising 67% of total imports. The second position in the ranking was taken by the UK ($X), with a 20% share of total imports. It was followed by the United States, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+2.2% per year) and the United States (+22.2% 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, growing by 6.5% against the previous year. In general, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Hong Kong SAR ($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 (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform