Switzerland: 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 Switzerland

The Swiss non-aqueous paint and varnish market contracted modestly to $X in 2022, waning by -4.9% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

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

In value terms, non-aqueous paint and varnish production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The growth pace was the most rapid in 2018 with an increase of 38%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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

Exports from Switzerland

In 2022, the amount of paints and varnishes dispersed or dissolved in a non-aqueous medium exported from Switzerland fell to X tons, waning by -3.8% compared with the previous year. Overall, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 7.7%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, non-aqueous paint and varnish exports rose to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of non-aqueous paint and varnish exports from Switzerland, together accounting for 45% of total exports. France, Italy, Spain, Indonesia, the Czech Republic, Austria, Turkey, Slovakia, the Netherlands and Poland lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +14.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for paints and varnishes dispersed or dissolved in a non-aqueous medium exports from Switzerland, comprising 22% of total exports. The second position in the ranking was taken by the UK ($X), with a 9% share of total exports. It was followed by France, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+4.5% per year) and France (-4.8% per year).

Export Prices by Country

The average non-aqueous paint and varnish export price stood at $X per ton in 2022, rising by 6.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Belgium ($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 the Netherlands (+8.0%), 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 Switzerland

In 2022, supplies from abroad of paints and varnishes dispersed or dissolved in a non-aqueous medium decreased by -8% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 12%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, non-aqueous paint and varnish imports fell to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest non-aqueous paint and varnish supplier to Switzerland, with a 57% share of total imports. Moreover, non-aqueous paint and varnish imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.4% per year) and France (+4.9% per year).

In value terms, Germany ($X) constituted the largest supplier of paints and varnishes dispersed or dissolved in a non-aqueous medium to Switzerland, comprising 62% of total imports. The second position in the ranking was held by Italy ($X), with a 9.9% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, 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: Italy (+3.5% per year) and France (+4.7% per year).

Import Prices by Country

The average non-aqueous paint and varnish import price stood at $X per ton in 2022, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 7.4% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :