Slovakia: 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 Slovakia

The Slovak market for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X in 2021, with an increase of 6.4% 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). The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

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

Exports from Slovakia

In 2021, shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers was finally on the rise to reach X units after two years of decline. In general, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 25%. The exports peaked at X units in 2018; afterwards, it flattened through to 2021.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 36% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Slovakia, accounting for a 56% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X units), threefold. The third position in this ranking was taken by Austria (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+4.7% per year) and Austria (+107.6% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Slovakia, comprising 51% of total exports. The second position in the ranking was taken by Hungary ($X), with a 23% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+5.3% per year) and Austria (+98.1% per year).

Export Prices by Country

In 2021, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, with an increase of 7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 13%. The export price peaked in 2021 and is likely to continue growth in the near future.

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 Poland ($X per unit), while the average price for exports to Romania ($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 Germany (+14.7%), 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 Slovakia

Imports of paint, distemper, varnish or similar brushes, paint pads and rollers into Slovakia rose markedly to X units in 2021, growing by 9.3% against the year before. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 14%. Over the period under review, imports of attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 27%. Over the period under review, imports of reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller supplier to Slovakia, accounting for a 65% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Austria (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.4% per year) and Austria (+71.5% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Slovakia, comprising 67% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by Poland, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and Poland (+52.6% 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, declining by -2.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 12%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform