South Africa: Polishes For Coachwork Market 2024

Polishes For Coachwork Market Size in South Africa

The South African polishes for coachwork market fell to $X in 2022, which is down by X% against the previous year. In general, consumption showed a noticeable descent. Polishes for coachwork consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Polishes For Coachwork Production in South Africa

In value terms, polishes for coachwork production dropped modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Polishes for coachwork production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Polishes For Coachwork Exports

Exports from South Africa

In 2022, overseas shipments of polishes for coachwork increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a pronounced setback. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, polishes for coachwork exports skyrocketed to $X in 2022. In general, exports, however, saw a pronounced shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Zambia (X tons) was the main destination for polishes for coachwork exports from South Africa, accounting for a X% share of total exports. Moreover, polishes for coachwork exports to Zambia exceeded the volume sent to the second major destination, Namibia (X tons), twofold. The third position in this ranking was taken by Angola (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Angola (X% per year).

In value terms, Zambia ($X) emerged as the key foreign market for polishes for coachwork exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Madagascar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Madagascar (X% per year).

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, declining by X% against the previous year. In general, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while the average price for exports to Namibia ($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 Malawi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polishes For Coachwork Imports

Imports into South Africa

In 2022, the amount of polishes for coachwork imported into South Africa skyrocketed to X tons, rising by X% against 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polishes for coachwork imports soared to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest polishes for coachwork supplier to South Africa, with a X% share of total imports. Moreover, polishes for coachwork imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

In value terms, the UK ($X) constituted the largest supplier of polishes for coachwork to South Africa, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

The average polishes for coachwork import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Finland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform