Polyester-based paints and varnishes market in Austria

Earlier Report Observations

From 2019 to 2020, the market volume for polyester-based paints and varnishes in Austria contracted from 12,351 t to 10,198 t, a decline driven primarily by COVID-19 pandemic disruptions that affected supply chains and industrial production. This period also saw the ongoing industry trend towards product portfolio greening, exemplified by manufacturers like Jaeger Lacke and the opening of Axalta's research center in Austria, which emphasized environmentally friendly paints and varnishes.

Market volume partially recovered to 11,331 t in 2021 but fell again to 9,725 t in 2022. The sharp increase in market value to 51.4 million US dollars in 2021, followed by a decline to 46.8 million in 2022, reflected broader market adjustments without specific reported drivers for these years within the available sources.

The downturn intensified in 2023, with market volume dropping to 7,552 t, a decrease directly linked to restrained renovation activity in private households as reported for the Austrian paints and varnishes sector. In 2024, volume saw a modest recovery to 8,283 t while value stabilized near 37.0 million US dollars, amidst an industry context shaped by EU Green Deal regulatory pressures and price effects that partially offset volume movements in the broader market.

Production polyester-based paints and varnishes in Austria

In value, 2017-2020, K $ US

In 2020, Austria's production of polyester-based paints and varnishes was valued at 9 062 thousand US dollars, marking a significant decline of 14.8% compared to the previous year. From 2017 to 2020, production decreased by 24.4%, which translates to an annualized rate of 8.9%.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Austria produced 1 886 tonnes of polyester-based paints and varnishes, down 19.2% from the year before. Over the period from 2017 to 2020, production fell by 18.1%, with a compound annual growth rate of -6.4%.

Annual dynamics of production in Austria in kind, 2017-2020, t

Exports polyester-based paints and varnishes from Austria

Exports in kind, t

After two years of decline, Austria's exports of polyester-based paints and varnishes increased in 2020. The country exported 5 989 tonnes, showing a modest uptick of 7.9% compared to 2019. From 2017 to 2020, exports grew by 4.9%, with a compound annual growth rate of 1.6%. The lowest export volume was recorded in 2019 at 5 551 tonnes, while the largest decline occurred in 2018 with a drop of 2.5%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

Between 2017 and 2020, the partner structure for Austria's exports in kind was balanced rather than concentrated. Germany accounted for 26.6% of exports, Czechia for 7.9%, and Slovakia for 7.8%, together representing 42.3% of total flows. Many other countries made up the remaining 57.7%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, K $ US

In 2020, Austria exported polyester-based paints and varnishes worth 43 744 thousand US dollars, a rise of 9.5% year-over-year. From 2017 to 2020, exports increased by 4.4%, with a compound annual growth rate of 1.4%. The minimum value was recorded in 2019 at 39 953 thousand US dollars, while the maximum was in 2018 at 44 093 thousand US dollars. The largest decline occurred in 2019 with a drop of 9.4%.

Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US

From 2017 to 2020, the country breakdown of Austria's exports in value terms remained scattered. Germany accounted for 27.7% of exports, Slovakia for 9.5%, and France for 7.3%, together making up just 44.5% of total flows. No single partner stood out as clearly dominant.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports polyester-based paints and varnishes to Austria

Imports in kind, t

Foreign supplies of polyester-based paints and varnishes to Austria declined for the third consecutive year. In 2020, imports reached 14 301 tonnes, which is 8.1% lower than in 2019. Over the period from 2017 to 2020, imports decreased by 15.8%, with a compound annual growth rate of -5.6%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

Between 2017 and 2020, Germany, Russia, and Slovenia formed the main cluster of markets for Austria's imports in kind. Germany accounted for 58.3% of imports, Russia for 9.6%, and Slovenia for 8.4%, with a combined share of 76.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, K $ US

In 2020, Austria's imports of polyester-based paints and varnishes stood at 67 078 thousand US dollars, remaining virtually unchanged compared to 2019. The minimum value was recorded in 2018 at 66 914 thousand US dollars. The largest decline occurred in 2018 with a drop of 0.6%, while the largest increase was in 2019 with a rise of 0.3%.

Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US

From 2017 to 2020, Germany absorbed 74.8% of Austria's total imports in value terms for polyester-based paints and varnishes, with the balance spread across a wide range of smaller destinations.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020