Norway: Polishes For Coachwork Market 2025

Polishes For Coachwork Market Size in Norway

In 2022, after three years of growth, there was significant decline in the Norwegian polishes for coachwork market, when its value decreased by -22.9% to $X. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Polishes for coachwork consumption peaked at $X in 2021, and then declined remarkably in the following year.

Polishes For Coachwork Exports

Exports from Norway

Polishes for coachwork exports from Norway declined rapidly to X tons in 2022, which is down by -28.2% on the previous year. In general, exports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2018 with an increase of 165%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, polishes for coachwork exports contracted to $X in 2022. Overall, exports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 130%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) and Denmark (X tons) were the main destinations of polishes for coachwork exports from Norway.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +47.4%).

In value terms, Denmark ($X) remains the key foreign market for polishes for coachwork exports from Norway, comprising 61% of total exports. The second position in the ranking was taken by Sweden ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark totaled +55.1%.

Export Prices by Country

In 2022, the average polishes for coachwork export price amounted to $X per ton, rising by 20% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 58%. The export price peaked 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 Denmark ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+5.2%).

Polishes For Coachwork Imports

Imports into Norway

In 2022, after three years of growth, there was significant decline in overseas purchases of polishes for coachwork, when their volume decreased by -13.2% to X tons. In general, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, polishes for coachwork imports reduced dramatically to $X in 2022. Over the period under review, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 27%. Over the period under review, imports reached the maximum at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Germany (X tons), the UK (X tons) and Sweden (X tons) were the main suppliers of polishes for coachwork imports to Norway, with a combined 67% share of total imports. The Netherlands, the United States, China, South Korea and Denmark lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polishes for coachwork suppliers to Norway were Sweden ($X), the UK ($X) and Germany ($X), together comprising 57% of total imports. The United States, China, South Korea, the Netherlands and Denmark lagged somewhat behind, together comprising a further 29%.

China, with a CAGR of +37.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, with a decrease of -14.8% against the previous year. Overall, the import price saw a mild descent. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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