The Spanish market for Polishing Products for Coachwork has experienced fluctuating volumes over recent years, with a noticeable decline from 2012 (6.5761 million kg) to 2014 (4.8398 million kg). Following a partial recovery, the market peaked again in 2017 (6.6047 million kg) but has displayed a gradual decrease since. The volume for 2022 stood at 6.0743 million kg, which is slightly lower compared to previous recent years.
Year-on-year variations highlight significant fluctuations, with notable declines like -24.05% in 2013 and -14.99% in 2018. The last two years show a minor decline of -1.3% for 2022, and an overall decrease in CAGR at -1.66% over the last five years.
The key future trends to watch include potential technological advancements in polishing products, the impact of economic conditions on consumer spending, and the increasing demand for eco-friendly products. Continuous changes in the automobile industry may also influence market dynamics, where innovation and sustainability will likely play significant roles.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 6,086,500 | 2023 | +3.18% | +2.67% | View data |
| 2 | 2 Spain | 5,459,700 | 2023 | -1.09% | -0.56% | |
| 3 | 3 France | 4,913,700 | 2023 | +2.39% | +1.47% | View data |
| 4 | 4 Sweden | 536,330 | 2023 | -5.66% | -6% | View data |
| 5 | 5 Lithuania | 474,460 | 2023 | +2.75% | -0.13% | View data |
