In 2023, Germany dominated the global export market for polishes for coachwork, excluding metal polishes, capturing a 21.4% share, followed by the United States and the Netherlands with shares of 18.17% and 17.44% respectively. Poland exhibited the most significant growth among the top exporting countries, with a 7.09% increase. Conversely, the United Kingdom and France saw declines in their market shares. Denmark experienced an impressive growth of 16.1%, highlighting its potential as an emerging player in the market.
Future trends to watch include the potential for Asian markets, such as China and Malaysia, to increase their market shares further due to burgeoning automotive industries and advancements in production capabilities. Developing countries with recent growth, like India, could also become significant exporters due to their expanding manufacturing sectors and strategic investments in export logistics.
Top countries in Export of Polishes for Coachwork, Except Metal Polishes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.4 | 2023 | +3.71% | +3.48% | View data |
| 2 | 2 United States | 18.17 | 2023 | +1.72% | +1.94% | View data |
| 3 | 3 Netherlands | 17.44 | 2023 | +2.69% | +2.49% | View data |
| 4 | 4 United Kingdom | 9.23 | 2023 | -0.38% | -1.04% | View data |
| 5 | 5 China | 6.3 | 2023 | +3.06% | +3.24% | View data |
| 6 | 6 Poland | 4.57 | 2023 | +5.3% | +7.09% | View data |
| 7 | 7 Italy | 4.07 | 2023 | +1.08% | +1.03% | View data |
| 8 | 8 Austria | 2.52 | 2023 | +4.25% | +4.69% | View data |
| 9 | 9 Japan | 2.39 | 2023 | +1.53% | +1.89% | View data |
| 10 | 10 Belgium | 2.38 | 2023 | +0.7% | +4.61% | View data |
