Switzerland: Paint And Varnish Market 2025

Paint And Varnish Market Size in Switzerland

After two years of growth, the Swiss paint and varnish market decreased by -1.5% to $X in 2022. Over the period under review, consumption recorded a slight contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Paint And Varnish Production in Switzerland

In value terms, paint and varnish production reached $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2016 with an increase of 8.1% against the previous year. Paint and varnish production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Paint And Varnish Exports

Exports from Switzerland

In 2022, approx. X tons of paints and varnishes were exported from Switzerland; declining by -7.1% on the previous year. Over the period under review, exports showed a pronounced decline. The pace of growth appeared the most rapid in 2013 when exports increased by 3.4% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paint and varnish exports reduced slightly to $X in 2022. Overall, exports showed a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for paint and varnish exports from Switzerland, accounting for a 22% share of total exports. Moreover, paint and varnish exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.0% per year) and the UK (+2.6% per year).

In value terms, Germany ($X) remains the key foreign market for paints and varnishes exports from Switzerland, comprising 22% of total exports. The second position in the ranking was held by France ($X), with an 8.6% share of total exports. It was followed by the UK, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.6% per year) and the UK (+2.4% per year).

Export Prices by Country

In 2022, the average paint and varnish export price amounted to $X per ton, picking up by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady 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 (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Paint And Varnish Imports

Imports into Switzerland

In 2022, paint and varnish imports into Switzerland dropped to X tons, shrinking by -9.3% compared with 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 26%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, paint and varnish imports fell to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest paint and varnish supplier to Switzerland, with a 59% share of total imports. Moreover, paint and varnish imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by France (X tons), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.2% per year) and France (-0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of paints and varnishes to Switzerland, comprising 61% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by France, with an 8.2% share.

From 2012 to 2022, the average annual growth rate 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 (+2.0% per year).

Import Prices by Country

In 2022, the average paint and varnish import price amounted to $X per ton, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2016 an increase of 23%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and Germany ($X per ton), while the price for the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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