Australia and Oceania: Polishes For Coachwork Market 2025

Polishes For Coachwork Market Size in Australia and Oceania

The polishes for coachwork market in Australia and Oceania contracted to $X in 2022, falling by -4.5% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined slightly in the following year.

Polishes For Coachwork Production in Australia and Oceania

In value terms, polishes for coachwork production declined modestly to $X in 2022 estimated in export price. In general, production saw a perceptible curtailment. The growth pace was the most rapid in 2014 when the production volume increased by 37%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Polishes For Coachwork Exports

Exports in Australia and Oceania

In 2022, shipments abroad of polishes for coachwork decreased by -12.8% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 294% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, polishes for coachwork exports shrank to $X in 2022. In general, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by 221%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near 91% of total exports in 2022. It was distantly followed by New Zealand (X tons), constituting an 8.7% share of total exports.

Australia was also the fastest-growing in terms of the polishes for coachwork exports, with a CAGR of +24.5% from 2012 to 2022. New Zealand (-11.8%) illustrated a downward trend over the same period. Australia (+66 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -65.4% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest polishes for coachwork supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +10.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, approximately equating the previous year. In general, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2014 an increase of 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.6%).

Polishes For Coachwork Imports

Imports in Australia and Oceania

In 2022, imports of polishes for coachwork in Australia and Oceania fell modestly to X tons, leveling off at 2021. Overall, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, polishes for coachwork imports dropped to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +66.5% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 29%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Australia (X tons) represented the largest importer of polishes for coachwork, making up 76% of total imports. It was distantly followed by New Zealand (X tons), creating a 20% share of total imports. The following importers - New Caledonia (X tons) and Fiji (X tons) - each accounted for a 3.5% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to polishes for coachwork imports into Australia stood at -3.1%. At the same time, Fiji (+7.5%), New Caledonia (+4.5%) and New Zealand (+1.7%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.5% from 2012-2022. New Zealand (+6.1 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -8.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported polishes for coachwork in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total imports. It was followed by New Caledonia, with a 0.9% share.

In Australia, polishes for coachwork imports expanded at an average annual rate of +4.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+4.8% per year) and New Caledonia (+0.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, reducing by -5.9% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when the import price increased by 35% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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