U.S.: 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 the U.S.

In 2021, after three years of growth, there was significant decline in the U.S. market for paint, distemper, varnish or similar brushes, paint pads and rollers, when its value decreased by -6.3% to $X. Overall, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.8% against 2017 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the U.S.

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers reduced to $X in 2021. Over the period under review, production, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 425% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

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

Exports from the U.S.

In 2021, overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers were finally on the rise to reach X units after four years of decline. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 42%. Over the period under review, the exports of hit record highs at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers rose markedly to $X in 2021. In general, exports, however, continue to indicate a perceptible shrinkage. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the United States, with a 45% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Canada exceeded the volume sent to the second major destination, Mexico (X units), twofold. The third position in this ranking was held by the UK (X units), with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.0% per year) and the UK (+13.4% per year).

In value terms, Canada ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from the United States, comprising 42% of total exports. The second position in the ranking was taken by Mexico ($X), with a 12% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.2% per year) and the UK (+0.4% per year).

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, falling by -10% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to South Africa ($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 Australia (+2.6%), 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 the U.S.

Imports of paint, distemper, varnish or similar brushes, paint pads and rollers into the United States amounted to X units in 2021, picking up by 2.5% compared with the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 24%. Over the period under review, imports of attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers reduced slightly to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs at $X in 2020, and then fell in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to the United States, with a 85% 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, Indonesia (X units), ninefold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-6.7% per year) and Cambodia (+41.6% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to the United States, comprising 83% of total imports. The second position in the ranking was held by Indonesia ($X), with a 5.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.0% per year) and Cambodia (+53.7% per year).

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, declining by -6.5% 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 2014 an increase of 12%. The import price peaked at $X per unit in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+8.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform