EU: Metal Polishes Market 2020

Metal Polishes Market Size in the EU

The revenue of the metal polishes market in the European Union amounted to $X in 2017, increasing by X% against the previous year. The metal polishes consumption continues to indicate a moderate deduction. The growth pace was the most rapid in 2013, when market value increased by X% year-to-year. In that year, the metal polishes market attained their peak level of $X. From 2014 to 2017, growth of the metal polishes market failed to regain its momentum.

Metal Polishes Production in the EU

In 2017, the amount of metal polishes produced in the European Union totaled X tons, standing approx. at the previous year. The metal polishes production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the output figure increased by X% year-to-year. Over the period under review, the metal polishes production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Metal Polishes Exports in the EU

The exports stood at X tons in 2017, picking up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, metal polishes exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. In that year, the metal polishes exports reached their peak level of $X. From 2012 to 2017, growth of the metal polishes exports stood at a somewhat lower level.

Metal Polishes Exports by Country in the EU

In 2017, Germany (X tons) represented the key exporter for metal polishes, achieving X% of total exports. It was distantly followed by France (X tons), the UK (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons), Spain (X tons) and Poland (X tons), together constituting X% share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belgium (+X%), France (+X%), Poland (+X%), the Netherlands (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Spain experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. Italy (X%) significantly strengthened its position in terms of the global exports, while the Netherlands, the UK, Poland, Belgium, France and Germany saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest metal polishes supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: the UK (+X% per year) and France (+X% per year).

Metal Polishes Export Prices by Country in the EU

In 2017, the metal polishes export price in the European Union amounted to $X per ton, jumping by X% against the previous year. The metal polishes export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. In that year, the export prices for metal polishes reached their peak level of $X per ton. From 2014 to 2017, growth of the export prices for metal polishes stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per ton), while France ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Polishes Imports in the EU

In 2017, approx. X tons of metal polishes were imported in the European Union; coming up by X% against the previous year. The metal polishes imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, metal polishes imports amounted to $X in 2017. The metal polishes imports continue to indicate a relatively flat trend pattern. In that year, the metal polishes imports reached their peak level of $X. From 2012 to 2017, growth of the metal polishes imports stood at a somewhat lower level.

Metal Polishes Imports by Country in the EU

In 2017, Germany (X tons), distantly followed by France (X tons), Italy (X tons), the Netherlands (X tons), the UK (X tons) and Belgium (X tons) were the main importers of metal polishes, together committing X% of total imports. Poland (X tons), Spain (X tons), Ireland (X tons), Romania (X tons), Austria (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported metal polishes in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Germany stood at +X%. In the other countries, the average annual rates were as follows: France (+X% per year) and the Netherlands (+X% per year).

Metal Polishes Import Prices by Country in the EU

In 2017, the metal polishes import price in the European Union amounted to $X per ton, remaining stable against the previous year. The metal polishes import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Ireland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform