Hungary - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary (FOB) - 2023
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $3,960 per ton, growing by 48% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($6,884 per ton), while the price for Serbia ($808 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), 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, Aqueous Medium in Hungary (FOB) - 2023
In October 2023, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $10,062 per ton, jumping by 388% against the previous month. Over the period under review, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($13,730 per ton), while the average price for exports to the United States ($591 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+11.4%), 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, Aqueous Medium in Hungary
In 2022, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into Hungary dropped to 29K tons, which is down by -6.8% on the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, imports attained the peak of 31K tons, and then fell in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium shrank modestly to $72M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of $72M, leveling off in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.6 | 23.3 | 28.9 | 28.7 | 8.3% |
| Poland | 8.8 | 10.8 | 14.1 | 14.8 | 18.9% |
| Czech Republic | 9.2 | 5.2 | 7.2 | 8.3 | -3.4% |
| Italy | 5.3 | 7.3 | 6.8 | 6.7 | 8.1% |
| Austria | 4.7 | 4.2 | 5.5 | 4.4 | -2.2% |
| Croatia | 0.6 | 0.9 | 1.1 | 1.1 | 22.4% |
| Netherlands | 1.4 | 1.1 | 1.4 | 1.0 | -10.6% |
| Serbia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 6.2 | 5.6 | 6.5 | 6.4 | 1.1% |
| Total | 58.9 | 58.6 | 71.8 | 71.8 | 6.8% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Hungary in 2022:
- Poland (11.7K tons)
- Germany (9.0K tons)
- Italy (1.7K tons)
- Austria (1.5K tons)
- Czech Republic (1.2K tons)
- Croatia (1.0K tons)
- Serbia (0.6K tons)
- Netherlands (0.3K tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which decreased by -9.7% to 7.4K tons in 2022. Overall, exports saw a deep downturn. The smallest decline of -4.5% was in 2020.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium declined to $11M in 2022. In general, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 2.7%. As a result, the exports reached the peak of $13M, and then declined in the following year.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 2.5 | 2.7 | 2.6 | 3.1 | 7.4% |
| Czech Republic | 3.0 | 3.1 | 3.3 | 2.5 | -5.9% |
| Slovakia | 2.2 | 2.4 | 2.3 | 2.0 | -3.1% |
| Poland | 1.4 | 1.3 | 1.3 | 1.4 | 0.0% |
| Serbia | 0.2 | 0.2 | 0.4 | 0.6 | 44.2% |
| Austria | 0.7 | 0.5 | 0.6 | 0.5 | -10.6% |
| Croatia | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
| Others | 1.4 | 1.2 | 1.5 | 1.0 | -10.6% |
| Total | 12.2 | 12.2 | 12.5 | 11.5 | -2.0% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Hungary in 2022:
- Romania (2723.2 tons)
- Slovakia (1850.6 tons)
- Czech Republic (1368.0 tons)
- Poland (598.0 tons)
- Croatia (250.2 tons)
- Austria (223.4 tons)
- Serbia (119.9 tons)
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Hungary.
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This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Hungary.
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This report provides an in-depth analysis of the paint and varnish market in Hungary.
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
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Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
3033
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
