From January to September 2023, the overall development of the paint
industry: The total output of paint from January to September was 26,910,800
tons, an increase of 4.7% over the same period last year. From January to
September, the total revenue of the main business was 299.301 billion yuan, a
decrease of 4.2% over the same period of last year, and the total profit was 17.641
billion yuan, an increase of 11.7% over the same period of last year.
From January to August, China's paint exports continue to maintain
double-digit growth, and the number of imports is gradually decreasing. It is
expected that in the second half of 2023, the coatings industry as a whole will
maintain steady growth.