Switzerland: Market for Oil And Water Paints And Varnishes 2025

Market Size for Oil And Water Paints And Varnishes in Switzerland

In 2021, the Swiss market for oil and water paints and varnishes increased by 56% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption posted pronounced growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Oil And Water Paints And Varnishes in Switzerland

In value terms, production of oil and water paints and varnishes expanded markedly to $X in 2021 estimated in export price. Overall, production, however, showed a mild downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth remained at a somewhat lower figure.

Exports of Oil And Water Paints And Varnishes

Exports from Switzerland

For the fifth year in a row, Switzerland recorded decline in shipments abroad of oil and water paints and varnishes, which decreased by -14.6% to X tons in 2021. Overall, exports showed a noticeable slump. The pace of growth appeared the most rapid in 2016 when exports increased by 27% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oil and water paints and varnishes reached $X in 2021. Over the period under review, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by 26%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of oil and water paints and varnishes from Switzerland, accounting for a 22% share of total exports. Moreover, exports of oil and water paints and varnishes to Germany exceeded the volume sent to the second major destination, Poland (X tons), twofold. France (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.5% per year) and France (-5.6% per year).

In value terms, Germany ($X) remains the key foreign market for oil and water paints and varnishes exports from Switzerland, comprising 21% of total exports. The second position in the ranking was held by France ($X), with an 8.4% share of total exports. It was followed by Poland, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.9% per year) and Poland (+2.7% per year).

Export Prices by Country

The average export price for oil and water paints and varnishes stood at $X per ton in 2021, picking up by 18% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Pakistan ($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 the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oil And Water Paints And Varnishes

Imports into Switzerland

Imports of oil and water paints and varnishes into Switzerland declined slightly to X tons in 2021, approximately reflecting 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 18%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oil and water paints and varnishes expanded slightly to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 12% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest oil and water paints and varnishes supplier to Switzerland, with a 72% share of total imports. Moreover, imports of oil and water paints and varnishes from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was held by Sweden (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.6% per year) and Sweden (+15.5% per year).

In value terms, Germany ($X) constituted the largest supplier of oil and water paints and varnishes to Switzerland, comprising 65% of total imports. The second position in the ranking was taken by Sweden ($X), with a 7.9% share of total imports. It was followed by Italy, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+16.5% per year) and Italy (-4.8% per year).

Import Prices by Country

The average import price for oil and water paints and varnishes stood at $X per ton in 2021, growing by 2.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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