Eastern Europe: Polishes For Coachwork Market 2025

Polishes For Coachwork Market Size in Eastern Europe

The East European polishes for coachwork market reduced to $X in 2022, leveling off at the previous year. Overall, consumption saw a deep downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Polishes For Coachwork Production in Eastern Europe

In value terms, polishes for coachwork production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by 53%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Polishes For Coachwork Exports

Exports in Eastern Europe

After six years of growth, shipments abroad of polishes for coachwork decreased by -6.4% to X tons in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 60%. The volume of export peaked at X tons in 2021, and then fell in the following year.

In value terms, polishes for coachwork exports reduced dramatically to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 45% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Poland represented the largest exporting country with an export of about X tons, which recorded 57% of total exports. Russia (X tons) ranks second in terms of the total exports with a 14% share, followed by the Czech Republic (7.8%), Belarus (6.3%) and Lithuania (5.7%). Hungary (X tons) and Slovakia (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of +8.5% from 2012 to 2022. At the same time, Russia (+57.6%), Belarus (+48.2%), Lithuania (+13.8%), Hungary (+10.8%), the Czech Republic (+10.7%) and Slovakia (+8.4%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +57.6% from 2012-2022. Russia (+14 p.p.) and Belarus (+6 p.p.) significantly strengthened its position in terms of the total exports, while Poland saw its share reduced by -13.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest polishes for coachwork supplier in Eastern Europe, comprising 62% of total exports. The second position in the ranking was held by Lithuania ($X), with a 12% share of total exports. It was followed by the Czech Republic, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland amounted to +17.7%. In the other countries, the average annual rates were as follows: Lithuania (+18.8% per year) and the Czech Republic (+8.6% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, declining by -9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2018 an increase of 17%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Belarus ($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 (+8.4%), while the other leaders experienced more modest paces of growth.

Polishes For Coachwork Imports

Imports in Eastern Europe

In 2022, overseas purchases of polishes for coachwork decreased by -11.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 42%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, polishes for coachwork imports shrank significantly to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. The level of import peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

Poland (X tons) and Slovakia (X tons) represented roughly 57% of total imports in 2022. Russia (X tons) took the next position in the ranking, followed by Romania (X tons), Ukraine (X tons) and the Czech Republic (X tons). All these countries together held near 28% share of total imports. Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +14.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported polishes for coachwork in Eastern Europe, comprising 37% of total imports. The second position in the ranking was held by Russia ($X), with a 16% share of total imports. It was followed by Slovakia, with a 10% share.

In Poland, polishes for coachwork imports increased at an average annual rate of +16.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Russia (-2.3% per year) and Slovakia (-1.0% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, falling by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped 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 Lithuania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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