Italy: 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 Italy

The Italian market for paint, distemper, varnish or similar brushes, paint pads and rollers fell rapidly to $X in 2021, waning by -19.6% against the previous year. Over the period under review, consumption recorded a abrupt downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers declined to $X in 2021 estimated in export price. In general, production saw a deep reduction. The pace of growth was the most pronounced in 2016 when the production volume increased by 50%. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Italy

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers exported from Italy amounted to X units, increasing by 2.2% on the year before. The total export volume increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when exports increased by 20% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers rose markedly to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Romania (X units), France (X units) and Germany (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Italy, together accounting for 39% of total exports. These countries were followed by the Netherlands, Greece, the UK, Kuwait, Belgium, Algeria, Croatia, Morocco, Spain and Switzerland, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +57.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from Italy were France ($X), Germany ($X) and the Netherlands ($X), together comprising 39% of total exports. Romania, Morocco, Kuwait, Greece, Belgium, Spain, the UK, Switzerland, Croatia and Algeria lagged somewhat behind, together accounting for a further 41%.

Morocco, with a CAGR of +58.1%, recorded the highest rates of growth with regard to the value of exports, among 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

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 2.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 6.2% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Algeria ($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 the Netherlands (+4.3%), 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 Italy

In 2021, purchases abroad of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 21% to X units, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of hit record highs at X units in 2014; however, from 2015 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 +3.9% 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, China (X units) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller supplier to Italy, accounting for a 45% 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, Germany (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and the Czech Republic (-2.1% per year).

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to Italy were China ($X), Germany ($X) and Spain ($X), with a combined 71% share of total imports. The Czech Republic, the Netherlands, Turkey, France and Poland lagged somewhat behind, together accounting for a further 24%.

The Netherlands, with a CAGR of +33.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, rising by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 an increase of 38% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform