Report Update: May 1, 2024

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

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Polishes for Coachwork Price in Romania - 2023

Polishes for Coachwork Price in Romania (CIF) - 2023

In August 2023, the average polishes for coachwork import price amounted to $4,531 per ton, dropping by -29.7% against the previous month. In general, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, polishes for coachwork import price decreased by -29.7% against July 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 38% m-o-m. As a result, import price attained the peak level of $6,448 per ton, and then fell markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($13,167 per ton), while the price for Turkey ($2,311 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Polishes for Coachwork Price in Romania (FOB) - 2022

The average polishes for coachwork export price stood at $7,415 per ton in 2022, surging by 20% against the previous year. In general, the export price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 61%. Over the period under review, the average export prices attained the maximum at $10,765 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($14,995 per ton), while the average price for exports to Bulgaria ($3,126 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 Hungary (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Polishes for Coachwork Imports in Romania

In 2022, imports of polishes for coachwork into Romania declined modestly to 823 tons, which is down by -3.1% compared with the year before. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 850 tons, and then reduced modestly in the following year.

In value terms, polishes for coachwork imports reduced notably to $3.3M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $4.1M, and then shrank remarkably in the following year.

Import of Polishes for Coachwork in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	472	565	1,153	698	13.9%
Poland	489	607	742	586	6.2%
Italy	442	505	474	445	0.2%
Hungary	413	313	403	388	-2.1%
Czech Republic	284	273	380	336	5.8%
Netherlands	17.6	56.7	139	118	88.6%
Turkey	70.0	68.8	92.9	113	17.3%
China	50.7	49.7	107	76.9	14.9%
Others	425	462	595	511	6.3%
Total	2,663	2,900	4,086	3,272	7.1%

Top Suppliers of Polishes for Coachwork to Romania in 2022:

Germany (173.3 tons)
Hungary (150.4 tons)
Italy (125.5 tons)
Czech Republic (114.4 tons)
Poland (92.2 tons)
Turkey (45.7 tons)
Netherlands (32.2 tons)
China (22.4 tons)

Polishes for Coachwork Exports in Romania

For the third year in a row, Romania recorded decline in overseas shipments of polishes for coachwork, which decreased by -12.5% to 11 tons in 2022. Overall, exports showed a precipitous decrease.

In value terms, polishes for coachwork exports reached $80K in 2022. In general, exports continue to indicate a significant decline.

Export of Polishes for Coachwork in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Moldova	13.3	34.8	20.4	42.9	47.8%
Bulgaria	14.0	17.7	7.4	15.2	2.8%
Italy	N/A	6.9	4.6	13.9	41.9%
Czech Republic	1.1	2.3	4.2	2.7	34.9%
Hungary	16.4	8.1	7.0	1.5	-54.9%
Germany	113	25.9	13.3	1.4	-76.9%
Serbia	13.5	6.0	13.6	N/A	0.4%
Others	2.1	2.5	5.7	2.6	7.4%
Total	173	104	76.2	80.3	-22.6%

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

Bulgaria (4.9 tons)
Moldova (2.9 tons)
Italy (1.6 tons)
Czech Republic (0.7 tons)
Germany (0.2 tons)
Hungary (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polishes for coachwork market in Romania. 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:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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