Poland: Market for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium 2024

Market Size for Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Poland

The Polish non-aqueous paint and varnish market dropped rapidly to $X in 2022, reducing by -16.2% against the previous year. Over the period under review, consumption saw a abrupt contraction. 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.

Production of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium in Poland

In value terms, non-aqueous paint and varnish production stood at $X in 2022 estimated in export price. In general, production saw a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 19% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Exports from Poland

In 2022, exports of paints and varnishes dispersed or dissolved in a non-aqueous medium from Poland reduced to X tons, which is down by -10.2% against the previous year's figure. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 18% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, non-aqueous paint and varnish exports totaled $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.5% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), Belgium (X tons) and the Czech Republic (X tons) were the main destinations of non-aqueous paint and varnish exports from Poland, with a combined 26% share of total exports. France, Italy, Russia, the UK, Spain, Belarus, Slovakia, Ukraine, Denmark and Turkey lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +38.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) were the largest markets for non-aqueous paint and varnish exported from Poland worldwide, together comprising 25% of total exports. Italy, Belgium, Russia, Belarus, the UK, Ukraine, Slovakia, Spain, Turkey and Denmark lagged somewhat behind, together comprising a further 45%.

Spain, with a CAGR of +36.2%, recorded the highest growth rate of 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

In 2022, the average non-aqueous paint and varnish export price amounted to $X per ton, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 13%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Denmark ($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 Ukraine (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paints And Varnishes Dispersed Or Dissolved In A Non-Aqueous Medium

Imports into Poland

In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium imported into Poland dropped to X tons, with a decrease of -7.2% against the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 11% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-aqueous paint and varnish imports fell modestly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +7.6% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 29% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined modestly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of non-aqueous paint and varnish imports to Poland, together comprising 68% of total imports. Spain, the UK, France, Sweden, Belgium and Finland lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +5.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of paints and varnishes dispersed or dissolved in a non-aqueous medium to Poland, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by the Netherlands, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.6% per year) and the Netherlands (+5.3% per year).

Import Prices by Country

In 2022, the average non-aqueous paint and varnish import price amounted to $X per ton, increasing by 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Belgium ($X per ton), while the price for Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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