Hungary - Polishes For Coachwork - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Polishes For Coachwork - Market Analysis, Forecast, Size, Trends And Insights

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Polishes for Coachwork Price in Hungary - 2023

Contents:

  1. Polishes for Coachwork Price in Hungary (CIF) - 2022
  2. Polishes for Coachwork Price in Hungary (FOB) - 2022
  3. Polishes for Coachwork Imports in Hungary
  4. Polishes for Coachwork Exports in Hungary

Polishes for Coachwork Price in Hungary (CIF) - 2022

The average polishes for coachwork import price stood at $6,002 per ton in 2022, picking up by 9.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $9,222 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($14,918 per ton), while the price for China ($3,080 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Polishes for Coachwork Price in Hungary (FOB) - 2022

The average polishes for coachwork export price stood at $6,178 per ton in 2022, with a decrease of -8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 26%. The export price peaked at $9,537 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($8,801 per ton), while the average price for exports to Romania ($4,197 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 Slovenia (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Polishes for Coachwork Imports in Hungary

In 2022, purchases abroad of polishes for coachwork decreased by -17.6% to 429 tons, falling for the second year in a row after two years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 46%. As a result, imports reached the peak of 627 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, polishes for coachwork imports contracted to $2.6M in 2022. The total import value increased at an average annual rate of +7.8% over the period 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 2020 when imports increased by 26% against the previous year.

Import of Polishes for Coachwork in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6247437446270.2%
United Kingdom516433157403-7.9%
Poland19428540335021.7%
Slovakia334433365329-0.5%
Netherlands5.531.7417199230.7%
Czech Republic38.353.458.086.431.2%
Austria12427815078.0-14.3%
China36.610518965.621.5%
Others18222136943533.7%
Total2,0542,5842,8532,5747.8%

Top Suppliers of Polishes for Coachwork to Hungary in 2022:

  1. Germany (118.4 tons)
  2. United Kingdom (81.3 tons)
  3. Slovakia (65.8 tons)
  4. Poland (43.2 tons)
  5. Netherlands (40.5 tons)
  6. China (21.3 tons)
  7. Czech Republic (15.4 tons)
  8. Austria (8.7 tons)

Polishes for Coachwork Exports in Hungary

In 2022, approx. 166 tons of polishes for coachwork were exported from Hungary; reducing by -28.8% on the previous year. In general, exports recorded a abrupt descent. The smallest decline of -0.6% was in 2020.

In value terms, polishes for coachwork exports contracted remarkably to $1M in 2022. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 22%. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Polishes for Coachwork in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania494532499308-14.6%
Slovakia634394303268-25.0%
Czech Republic99.86142321329.8%
Austria32.561.169.813058.7%
Slovenia4.20.67.922.274.2%
Others90.850.345516622.3%
Total1,3551,6521,5651,025-8.9%

Top Export Markets for Polishes for Coachwork from Hungary in 2022:

  1. Romania (73.3 tons)
  2. Slovakia (48.2 tons)
  3. Czech Republic (16.1 tons)
  4. Austria (14.7 tons)
  5. Slovenia (3.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polishes for coachwork market 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 20414370 - Polishes and similar preparations, for coachwork (excluding artificial and prepared waxes, metal polishes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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