Netherlands: Market for Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium 2024

Market Size for Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium in the Netherlands

In 2021, the Dutch aqueous paint and varnish market decreased by -2.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a perceptible increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium in the Netherlands

In value terms, aqueous paint and varnish production shrank slightly to $X in 2021 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +83.7% against 2015 indices. The growth pace was the most rapid in 2018 when the production volume increased by 40%. Aqueous paint and varnish production peaked at $X in 2020, and then shrank in the following year.

Exports of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium

Exports from the Netherlands

In 2021, overseas shipments of paints and varnishes dispersed or dissolved in an aqueous medium increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 20%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, aqueous paint and varnish exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +19.0% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Germany (X tons) and the UK (X tons) were the main destinations of aqueous paint and varnish exports from the Netherlands, with a combined 50% share of total exports. France, Poland, Italy, Spain, Denmark, China and Switzerland lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +22.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aqueous paint and varnish exported from the Netherlands were Belgium ($X), Germany ($X) and the UK ($X), together accounting for 45% of total exports. These countries were followed by France, Italy, Poland, China, Spain, Denmark and Switzerland, which together accounted for a further 30%.

Among the main countries of destination, China, with a CAGR of +26.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aqueous paint and varnish export price stood at $X per ton in 2021, surging by 7.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2020 an increase of 9.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints And Varnishes Dispersed Or Dissolved In An Aqueous Medium

Imports into the Netherlands

In 2021, supplies from abroad of paints and varnishes dispersed or dissolved in an aqueous medium increased by 22% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when imports increased by 52%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, aqueous paint and varnish imports surged to $X in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.2% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and the UK (X tons) were the main suppliers of aqueous paint and varnish imports to the Netherlands, with a combined 75% share of total imports. France, Spain, Poland and Denmark lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +24.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aqueous paint and varnish suppliers to the Netherlands were Germany ($X), Belgium ($X) and the UK ($X), with a combined 76% share of total imports. France, Poland, Spain and Denmark lagged somewhat behind, together accounting for a further 17%.

Denmark, with a CAGR of +26.5%, 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 aqueous paint and varnish import price amounted to $X per ton, picking up by 16% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aqueous paint and varnish import price increased by +91.4% against 2012 indices. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Belgium ($X per ton) and the UK ($X per ton), while the price for France ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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