Report Update Nov 1, 2024

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

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Egypt: Polishes For Coachwork Market 2024

Polishes For Coachwork Market Size in Egypt

For the fourth year in a row, the Egyptian polishes for coachwork market recorded decline in sales value, which decreased by -42% to $X in 2022. Over the period under review, consumption continues to indicate a deep slump. Polishes for coachwork consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Polishes For Coachwork Exports

Exports from Egypt

After four years of growth, overseas shipments of polishes for coachwork decreased by -73.8% to X tons in 2022. Overall, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 252% against the previous year. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, polishes for coachwork exports fell remarkably to $X in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 171% against the previous year. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Lebanon (X tons), Saudi Arabia (X tons) and Morocco (X kg) were the main destinations of polishes for coachwork exports from Egypt, together comprising 93% of total exports. These countries were followed by the United States, which accounted for a further 4.8%.

From 2014 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +22.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polishes for coachwork exported from Egypt were Lebanon ($X), Saudi Arabia ($X) and Morocco ($X), together comprising 93% of total exports. The United States lagged somewhat behind, comprising a further 4.8%.

Among the main countries of destination, the United States, with a CAGR of +31.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, increasing by 9.8% against the previous year. Over the period under review, the export price showed a buoyant expansion. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Lebanon ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Morocco ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Polishes For Coachwork Imports

Imports into Egypt

For the fourth consecutive year, Egypt recorded decline in overseas purchases of polishes for coachwork, which decreased by -46% to X tons in 2022. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 51%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, polishes for coachwork imports dropped rapidly to $X in 2022. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of polishes for coachwork imports to Egypt, together accounting for 71% of total imports. Turkey, the UK, Japan and the United States lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +52.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest polishes for coachwork suppliers to Egypt were China ($X), Germany ($X) and Italy ($X), together comprising 71% of total imports. Turkey, the UK, Japan and the United States lagged somewhat behind, together accounting for a further 19%.

Japan, with a CAGR of +49.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polishes for coachwork import price stood at $X per ton in 2022, falling by -3.1% against the previous year. In general, the import price, however, posted a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 206%. The import price peaked at $X per ton in 2021, and then contracted modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and China ($X per ton), while the price for the United States ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.9%), 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 remains the largest polishes for coachwork consuming country worldwide, comprising approx. 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?

The country with the largest volume of polishes for coachwork production was China, accounting for 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 Egypt?

In value terms, China constituted the largest supplier of polishes for coachwork to Egypt, comprising 44% of total imports. The second position in the ranking was occupied by Germany, with a 21% share of total imports. It was followed by Italy, with a 13% share.

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

In 2021, the average polishes for coachwork export price amounted to $8,411 per ton, jumping by 147% against the previous year.

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

The average polishes for coachwork import price stood at $3,898 per ton in 2021, growing by 14% against the previous year.

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

Egypt

Data coverage:

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