Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $6,063 per ton, with an increase of 9.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 14% m-o-m. The import price peaked at $6,418 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Latvia ($7,290 per ton) and Poland ($6,819 per ton), while the price for Finland ($5,141 per ton) and Germany ($5,260 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (FOB) - 2022
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $5,902 per ton, dropping by -6.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $6,290 per ton in 2021, and then fell in the following year.
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 Ukraine ($8,705 per ton), while the average price for exports to Uzbekistan ($1,183 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 Kyrgyzstan (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania
In 2022, after three years of growth, there was significant decline in purchases abroad of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium, when their volume decreased by -8.1% to 7.8K tons. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 8.4K tons, and then declined in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $42M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 8.1 | 11.4 | 15.7 | 30.3% |
| Poland | 5.0 | 5.8 | 6.0 | 6.2 | 7.4% |
| Estonia | 4.8 | 5.0 | 7.2 | 6.0 | 7.7% |
| Sweden | 7.1 | 5.4 | 5.9 | 5.0 | -11.0% |
| Italy | 1.8 | 1.9 | 2.5 | 2.3 | 8.5% |
| Latvia | 1.6 | 1.9 | 1.8 | 1.5 | -2.1% |
| Slovenia | 0.9 | 0.7 | 0.8 | 0.8 | -3.9% |
| Others | 4.7 | 4.8 | 4.9 | 4.0 | -5.2% |
| Total | 32.9 | 33.6 | 40.5 | 41.5 | 8.0% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Lithuania in 2022:
- Germany (3024.4 tons)
- Poland (1175.1 tons)
- Estonia (1077.2 tons)
- Sweden (873.2 tons)
- Italy (460.7 tons)
- Latvia (253.8 tons)
- Slovenia (239.5 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania
In 2022, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium from Lithuania expanded significantly to 2.9K tons, picking up by 5.5% on the year before. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium fell modestly to $17M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $17M, and then shrank slightly in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2.4 | 2.8 | 3.0 | 5.2 | 29.4% |
| Belarus | 3.5 | 3.2 | 3.4 | 2.7 | -8.3% |
| Russia | 4.6 | 3.9 | 4.1 | 2.0 | -24.2% |
| Estonia | 0.2 | 0.2 | 1.4 | 1.7 | 104.1% |
| Latvia | 0.8 | 0.9 | 1.1 | 1.4 | 20.5% |
| Ukraine | 0.7 | 1.1 | 1.3 | 0.7 | 0.0% |
| Kyrgyzstan | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Uzbekistan | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Tajikistan | 0.4 | 0.4 | 0.3 | N/A | -13.4% |
| Others | 2.3 | 2.8 | 2.4 | 2.6 | 4.2% |
| Total | 15.3 | 15.6 | 17.4 | 17.3 | 4.2% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Lithuania in 2022:
- Kazakhstan (888.9 tons)
- Belarus (451.5 tons)
- Russia (360.3 tons)
- Uzbekistan (291.1 tons)
- Estonia (262.7 tons)
- Latvia (182.6 tons)
- Kyrgyzstan (125.2 tons)
- Ukraine (82.1 tons)
- Tajikistan (2.1 tons)
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