Romania: 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 Romania

The Romanian market for paint, distemper, varnish or similar brushes, paint pads and rollers fell markedly to $X in 2021, reducing by -16.5% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2020, and then contracted markedly in the following year.

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

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers declined sharply to $X in 2021 estimated in export price. Overall, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 38% against the previous year. Over the period under review, production of attained the maximum level 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 Romania

For the sixth consecutive year, Romania recorded growth in shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 4.3% to X units in 2021. In general, total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.1% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of 44% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% 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 +110.7% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Hungary (X units), Germany (X units) and Austria (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Romania, with a combined 85% share of total exports. These countries were followed by Slovakia, Moldova and Denmark, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +19.2%), while shipments for 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 Romania were Germany ($X), Austria ($X) and Hungary ($X), with a combined 90% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +12.5%, saw the highest rates of growth with regard to 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 export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, growing by 16% against the previous year. Overall, the export price, however, saw a slight setback. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Denmark ($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 Slovakia (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Romania

Imports of paint, distemper, varnish or similar brushes, paint pads and rollers into Romania rose rapidly to X units in 2021, increasing by 9.2% on the previous year. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.7% against 2013 indices. The pace of growth was the most pronounced in 2016 when imports increased by 17%. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. Over the period under review, imports showed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 24% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are likely to see steady 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 Romania, with a 43% 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, Poland (X units), threefold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+12.1% per year) and Italy (+9.7% per year).

In value terms, the largest paint, distemper, varnish or similar brush, paint pad and roller suppliers to Romania were China ($X), Poland ($X) and Italy ($X), together comprising 67% of total imports. These countries were followed by the Czech Republic, Germany, Serbia, Bulgaria, Austria and Turkey, which together accounted for a further 29%.

In terms of the main suppliers, Serbia, with a CAGR of +46.5%, recorded the highest rates of growth with regard to the value of imports, 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 9.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. 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 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform