U.S.: Paint And Coating Market 2025

Paint And Coating Market Size in the U.S.

In 2022, the U.S. paint and coating market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Paint And Coating Production in the U.S.

In value terms, paint and coating production fell slightly to $X in 2022. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Paint and coating production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Paint And Coating Exports

Exports from the U.S.

After two years of growth, shipments abroad of paints and coatings decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, paint and coating exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of paint and coating exports from the United States, with a combined X% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and China ($X) constituted the largest markets for paint and coating exported from the United States worldwide, together comprising X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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

The average paint and coating export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a deep reduction. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paint And Coating Imports

Imports into the U.S.

For the tenth year in a row, the United States recorded growth in overseas purchases of paints and coatings, which increased by X% to X tons in 2022. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, paint and coating imports stood at $X in 2022. Overall, total imports indicated a strong increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Mexico (X tons), Canada (X tons) and South Korea (X tons) were the main suppliers of paint and coating imports to the United States, together comprising X% of total imports. Germany, Italy, the UK, Japan, France, Spain, China, Turkey and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of paints and coatings to the United States, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average paint and coating import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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