Philippines - Polishes For Coachwork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolishes for Coachwork Price in the Philippines - 2023
Contents:
- Polishes for Coachwork Price in the Philippines (CIF) - 2022
- Polishes for Coachwork Price in the Philippines (FOB) - 2022
- Polishes for Coachwork Imports in the Philippines
- Polishes for Coachwork Exports in the Philippines
Polishes for Coachwork Price in the Philippines (CIF) - 2022
In 2022, the average polishes for coachwork import price amounted to $4,451 per ton, picking up by 13% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polishes for coachwork import price increased by +138.5% against 2014 indices. The pace of growth was the most pronounced in 2015 an increase of 72% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($5,582 per ton), while the price for South Korea ($1,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Polishes for Coachwork Price in the Philippines (FOB) - 2022
In 2022, the average polishes for coachwork export price amounted to $5,200 per ton, stabilizing at the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2020 a decrease of -64.4% against the previous year. Over the period under review, the average export prices hit record highs at $12,172 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +4.5% per year.
Polishes for Coachwork Imports in the Philippines
In 2022, approx. 273 tons of polishes for coachwork were imported into the Philippines; reducing by -35.6% compared with the year before. Over the period under review, imports saw a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, imports attained the peak of 423 tons, and then contracted dramatically in the following year.
In value terms, polishes for coachwork imports contracted markedly to $1.2M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +10.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports attained the peak of $1.7M, and then shrank rapidly in the following year.
| Import of Polishes for Coachwork in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 662 | 771 | 448 | 605 | -3.0% |
| United Kingdom | 1.1 | 39.1 | 939 | 310 | 555.6% |
| China | 194 | 79.0 | 126 | 111 | -17.0% |
| Germany | 96.2 | 63.1 | 82.2 | 57.8 | -15.6% |
| Thailand | 0.5 | 15.3 | 16.5 | 45.4 | 349.5% |
| Italy | 27.6 | 31.8 | 25.3 | 43.5 | 16.4% |
| Others | 136 | 97.2 | 33.7 | 40.4 | -33.3% |
| Total | 1,117 | 1,096 | 1,671 | 1,214 | 2.8% |
Top Suppliers of Polishes for Coachwork to the Philippines in 2022:
- United States (135.4 tons)
- United Kingdom (55.9 tons)
- China (43.7 tons)
- Germany (14.4 tons)
- Italy (9.7 tons)
- Thailand (8.1 tons)
Polishes for Coachwork Exports in the Philippines
In 2022, approx. 5 kg of polishes for coachwork were exported from the Philippines; remaining constant against the year before. Overall, exports saw a dramatic slump. The smallest decline of -92.4% was in 2020.
In value terms, polishes for coachwork exports totaled $26 in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of -97.3% was in 2020.
| Export of Polishes for Coachwork in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 26.0 | 0% |
| Indonesia | 275 | N/A | N/A | N/A | 0% |
| Oman | N/A | 46.0 | N/A | N/A | 0% |
| Taiwan (Chinese) | 1,636 | N/A | N/A | N/A | 0% |
| Others | N/A | 6.0 | N/A | N/A | 0% |
| Total | 1,911 | 52.0 | N/A | 26.0 | -76.1% |
Top Export Markets for Polishes for Coachwork from the Philippines in 2022:
- South Korea (5.0 kg)
This report provides an in-depth analysis of the polishes for coachwork market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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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In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
692
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
847
In value terms, polishes, creams, scouring pastes and powders imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
692
In value terms, polishes, creams, scouring pastes and powders exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
