Overview of the Global Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

In 2022, the global market for glaziers putty, grafting putty, other mastics and painters' fillings increased by 3.8% to $X, rising for the fifth consecutive year after three years of decline. The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Global consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 20% against the previous year. Over the period under review, global production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports

For the seventh year in a row, the global market recorded growth in shipments abroad of glaziers putty, grafting putty, other mastics and painters' fillings, which increased by 1.2% to X tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings rose slightly to $X in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the global exports of hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Germany (X tons), followed by China (X tons), Belgium (X tons), France (X tons), the United States (X tons) and Turkey (X tons) were the largest exporters of glaziers putty, grafting putty, other mastics and painters' fillings, together comprising 43% of total exports. Poland (X tons), Azerbaijan (X tons), Italy (X tons), Sweden (X tons), the Netherlands (X tons), Switzerland (X tons) and South Korea (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of +173.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 41% of global exports. China, the Netherlands, France, Switzerland, Turkey, Poland, South Korea, Italy, Sweden and Azerbaijan lagged somewhat behind, together comprising a further 34%.

Azerbaijan, with a CAGR of +96.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, surging by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.2%), while the other global leaders experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports

In 2022, global imports of glaziers putty, grafting putty, other mastics and painters' fillings dropped slightly to X tons, with a decrease of -1.8% on the year before. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022. The total import value increased at an average annual rate of +4.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons), followed by the United States (X tons), Russia (X tons), the UK (X tons), France (X tons), Canada (X tons), Italy (X tons), Turkey (X tons), China (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons) and Georgia (X tons) were the key importers of glaziers putty, grafting putty, other mastics and painters' fillings, together creating 40% of total imports. The United States (X tons), Russia (X tons), the UK (X tons), France (X tons), Canada (X tons), Italy (X tons), Turkey (X tons), China (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons) and Georgia (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +7.6%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 20% of global imports.

In terms of the main importing countries, the United States, with a CAGR of +10.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, surging by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 when the average import price increased by 8.7% against the previous year. Global import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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