The forecasted re-import of polishes for coachwork, except metal polishes to China, shows a steady increase from $11.29 thousand in 2024 to $13.37 thousand in 2028. Compared to 2023, where data was last recorded, these values reflect a positive growth trend.
Year-on-year growth rates are as follows: from 2024 to 2025, an increase of approximately 4.8%; from 2025 to 2026, a rise of around 4.4%; from 2026 to 2027, a growth of approximately 4.2%; and from 2027 to 2028, a further climb of around 3.9%. This steady increase results in a compound annual growth rate (CAGR) of roughly 4.32% over the forecast period.
**Future Trends to Watch For:**
- Emerging environmental regulations affecting chemical imports
- Increased demand for high-quality automotive polishes in China
- Technological advancements in polish formulation
- Fluctuations in international trade policies impacting re-import activities
