Asia: Metal Polishes Market 2020

Metal Polishes Market Size in Asia

The revenue of the metal polishes market in Asia amounted to $X in 2017, reducing by -X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The level of metal polishes consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Polishes Production in Asia

In 2017, approx. X tons of metal polishes were produced in Asia; rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the metal polishes production reached their peak volume, and is likely to continue its growth in the immediate term.

Metal Polishes Exports in Asia

The exports stood at X tons in 2017, jumping by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, metal polishes exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the metal polishes exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Polishes Exports by Country in Asia

In 2017, China (X tons) represented the largest exporter for metal polishes, generating X% of total exports. Japan (X tons) held the second position in the ranking, distantly followed by Turkey (X tons), South Korea (X tons) and Taiwan, Chinese (X tons). All these countries together occupied approx. X% share of total exports. Thailand (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Thailand (+X%), South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Turkey increased by X% percentage points, while Japan (-X%), Thailand (-X%), South Korea (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

South Korea (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Polishes Export Prices by Country in Asia

In 2017, the metal polishes export price in Asia amounted to $X per ton, reducing by -X% against the previous year. The metal polishes export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Polishes Imports in Asia

In 2017, the amount of metal polishes imported in Asia amounted to X tons, surging by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, metal polishes imports stood at $X in 2017. The total imports indicated a pronounced increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the metal polishes imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Polishes Imports by Country in Asia

China (X tons) and Taiwan, Chinese (X tons) represented roughly X% of total imports of metal polishes in 2017. Singapore (X tons) held the second position in the ranking, followed by Malaysia (X tons). All these countries together took approx. X% share of total imports. Israel (X tons), China, Hong Kong SAR (X tons), the United Arab Emirates (X tons), Pakistan (X tons), Vietnam (X tons), the Philippines (X tons), Japan (X tons) and Syrian Arab Republic (X tons) occupied the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan, Chinese ($X) and Singapore ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Malaysia, Israel, China, Hong Kong SAR, Japan, Vietnam, the United Arab Emirates, the Philippines, Pakistan and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Syrian Arab Republic (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Polishes Import Prices by Country in Asia

The metal polishes import price in Asia stood at $X per ton in 2017, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. In that year, the import prices for metal polishes attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for metal polishes failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform