Asia-Pacific: 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 Asia-Pacific

The Asia-Pacific market for paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Asia-Pacific

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

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

Exports in Asia-Pacific

After five years of growth, shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers decreased by X% to X units in 2022. In general, exports, however, posted noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2021, and then dropped remarkably in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers dropped to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, 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 X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, China (X units) represented the major exporter of paint, distemper, varnish or similar brushes, paint pads and rollers in Asia-Pacific, constituting X% of total export.

China was also the fastest-growing in terms of the paint, distemper, varnish or similar brushes, paint pads and rollers exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest paint, distemper, varnish or similar brush, paint pad and roller supplier in Asia-Pacific.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

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

Imports in Asia-Pacific

Imports of paint, distemper, varnish or similar brushes, paint pads and rollers rose sharply to X units in 2022, picking up by X% on the year before. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers rose to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The purchases of the ten major importers of paint, distemper, varnish or similar brushes, paint pads and rollers, namely Japan, Thailand, Australia, India, Bangladesh, the Philippines, Indonesia, Malaysia, South Korea and Singapore, represented more than two-thirds of total import.

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

In value terms, Australia ($X), Japan ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, Thailand, the Philippines, Bangladesh, Malaysia, Singapore and India lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform