Report Update Nov 1, 2024

Australia - Polishes for Coachwork - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Polishes For Coachwork Market 2024

Polishes For Coachwork Market Size in Australia

The Australian polishes for coachwork market reduced to $X in 2022, with a decrease of -9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Polishes For Coachwork Exports

Exports from Australia

In 2022, shipments abroad of polishes for coachwork decreased by -13.9% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2019 when exports increased by 315% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, polishes for coachwork exports shrank sharply to $X in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 252%. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Indonesia (X tons) was the main destination for polishes for coachwork exports from Australia, with a 80% share of total exports. Moreover, polishes for coachwork exports to Indonesia exceeded the volume sent to the second major destination, New Zealand (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled +134.2%.

In value terms, Indonesia ($X) remains the key foreign market for polishes for coachwork exports from Australia, comprising 67% of total exports. The second position in the ranking was held by New Zealand ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia totaled +85.7%.

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price showed a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 43%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Indonesia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+50.9%), while the prices for the other major destinations experienced a decline.

Polishes For Coachwork Imports

Imports into Australia

Polishes for coachwork imports into Australia dropped to X tons in 2022, which is down by -6.4% against the previous year's figure. Over the period under review, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 24%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, polishes for coachwork imports reduced to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +80.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 40% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

The United States (X tons), the UK (X tons) and China (X tons) were the main suppliers of polishes for coachwork imports to Australia, with a combined 85% share of total imports. South Korea, Thailand, Germany and New Zealand lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +75.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polishes for coachwork suppliers to Australia were the United States ($X), the UK ($X) and South Korea ($X), with a combined 80% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +88.3%, saw the highest rates of growth with regard to 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

In 2022, the average polishes for coachwork import price amounted to $X per ton, which is down by -6.5% against the previous year. Overall, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked at $X per ton in 2021, and then reduced in the following year.

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 South Korea ($X per ton), while the price for China ($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 (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polishes for coachwork in the world?

China constituted the country with the largest volume of polishes for coachwork consumption, accounting for 30% of total volume. Moreover, polishes for coachwork consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Japan ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of polishes for coachwork in the world?

China constituted the country with the largest volume of polishes for coachwork production, comprising approx. 33% of total volume. Moreover, polishes for coachwork production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Japan ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of polishes for coachwork to Australia?

In value terms, the United States constituted the largest supplier of polishes for coachwork to Australia, comprising 51% of total imports. The second position in the ranking was occupied by the UK, with a 15% share of total imports. It was followed by South Korea, with a 12% share.

What are the leading importers of polishes for coachwork from Australia?

In value terms, Indonesia remains the key foreign market for polishes for coachwork exports from Australia, comprising 63% of total exports. The second position in the ranking was occupied by New Zealand, with a 30% share of total exports.

What is the average export price for polishes for coachwork in Australia?

The average polishes for coachwork export price stood at $4,516 per ton in 2021, flattening at the previous year.

What is the average import price for polishes for coachwork in Australia?

The average polishes for coachwork import price stood at $8,015 per ton in 2021, increasing by 28% against the previous year.

This report provides an in-depth analysis of the polishes for coachwork market in Australia. 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:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023