Germany: Polishes For Coachwork Market 2024

Polishes For Coachwork Market Size in Germany

The German polishes for coachwork market dropped markedly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a deep downturn. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Polishes For Coachwork Production in Germany

In value terms, polishes for coachwork production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Polishes For Coachwork Exports

Exports from Germany

For the third consecutive year, Germany recorded growth in overseas shipments of polishes for coachwork, which increased by X% to X tons in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, polishes for coachwork exports expanded slightly to $X in 2022. Over the period under review, exports posted a buoyant expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Poland (X tons) and Austria (X tons) were the main destinations of polishes for coachwork exports from Germany, together accounting for X% of total exports. Denmark, the Netherlands, Italy, Japan, Kyrgyzstan, Spain, China, the United States, the UK and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Japan ($X) and Poland ($X) appeared to be the largest markets for polishes for coachwork exported from Germany worldwide, with a combined X% share of total exports. Austria, the United States, the Netherlands, Italy, the UK, Spain, China, the Czech Republic, Denmark and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Kyrgyzstan ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polishes For Coachwork Imports

Imports into Germany

In 2022, purchases abroad of polishes for coachwork decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, polishes for coachwork imports declined sharply to $X in 2022. In general, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell rapidly in the following year.

Imports by Country

The Czech Republic (X tons), the Netherlands (X tons) and Turkey (X tons) were the main suppliers of polishes for coachwork imports to Germany, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polishes for coachwork suppliers to Germany were the Czech Republic ($X), Turkey ($X) and Poland ($X), together accounting for X% of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polishes for coachwork import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform