In 2024, Germany dominates the European export market for metal polishes, holding nearly 70% of the market share. Italy, France, and the Netherlands follow with significantly smaller shares of around 5.4%, 4.5%, and 4.5% respectively. Other countries such as Austria and Hungary contribute modestly. Significant movements were observed in 2023, with Denmark and Estonia showing the largest year-on-year increases at 60.9% and 53.49% respectively, while Italy experienced a drastic decrease of over 50% in the same period. Germany's figures showed a decrease of nearly 10%, indicating a shift in market dynamics.
Looking ahead, monitoring emerging players such as Denmark and Estonia will be crucial as they exhibit substantial growth rates. In contrast, Italy's declining trend warrants close attention to determine if it continues. Additionally, geopolitical and economic factors in Europe could influence future export volumes and shares across countries, potentially leading to a more balanced distribution among leading nations.
Top countries in Export of Metal Polishes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 69.98 | 2023 | -0.71% | -9.87% | View data |
| 2 | 2 Italy | 5.36 | 2023 | -8.07% | -51.51% | View data |
| 3 | 3 France | 4.48 | 2023 | +13.68% | +8.27% | View data |
| 4 | 4 Netherlands | 4.47 | 2023 | +28.05% | View data | |
| 5 | 5 Austria | 3.81 | 2023 | +3.9% | +1.54% | View data |
| 6 | 6 Hungary | 3.68 | 2023 | +5.88% | +6.21% | View data |
| 7 | 7 Portugal | 2.55 | 2023 | +0.33% | +18.48% | View data |
| 8 | 8 Poland | 2.05 | 2023 | +4.98% | +7.08% | View data |
| 9 | 9 Denmark | 1.96 | 2023 | -17.54% | +60.9% | View data |
| 10 | 10 Sweden | 0.38 | 2023 | +2.03% | -4.59% | View data |
