United Kingdom: 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 UK

The UK market for paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021, picking up by 23% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in the UK

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X in 2021 estimated in export price. In general, production, however, showed a deep slump. The pace of growth was the most pronounced in 2019 when the production volume increased by 26% against the previous year. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

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

Exports from the UK

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers exported from the UK reduced to X units, declining by -10.5% on the year before. The total export volume increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 31%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers reduced markedly to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 30%. The exports peaked at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

The United States (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from the UK, with a 47% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to the United States exceeded the volume sent to the second major destination, Ireland (X units), threefold. Germany (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-1.6% per year) and Germany (-0.8% per year).

In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from the UK were Ireland ($X), the United States ($X) and Germany ($X), together accounting for 59% of total exports. These countries were followed by France, the Netherlands, the Czech Republic, China and the United Arab Emirates, which together accounted for a further 12%.

The Czech Republic, with a CAGR of +22.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, falling by -12.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the United States ($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 the Czech Republic (+17.7%), 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 the UK

In 2021, after two years of growth, there was decline in supplies from abroad of paint, distemper, varnish or similar brushes, paint pads and rollers, when their volume decreased by -0.9% to X units. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers skyrocketed to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.0% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main paint, distemper, varnish or similar brush, paint pad and roller supplier to the UK, accounting for a approx. 96% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.9%.

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to the UK.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.1%.

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, picking up by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +4.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +5.2% per year.

Source: IndexBox Platform