Earlier Report Observations
The coachwork polishes market in Finland exhibited considerable volatility from 2018 to 2024. Starting at 128.5 tons in 2018, it expanded to 163.5 tons in 2019, a growth driven by rising consumer demand for ecological and natural products, which encouraged broader product offerings and higher consumption. This trend reversed in 2020 when the market contracted to 133.0 tons, as the COVID-19 pandemic shifted consumer priorities away from automotive care products.
A recovery followed in 2021, with market volume reaching 164.0 tons. This rebound was supported by the emergence of new product segments and a significant expansion of online sales channels, which improved accessibility and attracted buyers. However, in 2022 the market fell sharply to 104.3 tons due to global supply chain disruptions that constrained raw material availability and increased prices, reducing overall consumption.
Market volume rose again to 159.5 tons in 2023 but then declined to 78.1 tons in 2024, reflecting ongoing instability in the sector.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coachwork polishes in Finland
In value, 2017-2020, K $ US
Finland's coachwork polishes production has increased for the third consecutive year. In 2020, output was valued at 2 260 K $ US, marking a 0.9% gain compared to 2019. Over the period from 2017 to 2020, production rose by 15.2%, with a compound annual growth rate (CAGR) of 4.8%.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.3% | 6.5% | 0.9% | 4.8% |
In kind, 2017-2020, t
Finland's coachwork polishes production has increased for the third consecutive year. In 2020, 170.1 t were produced, showing minimal change year-over-year. From 2017 to 2020, production grew by 22.6%, with a compound annual growth rate (CAGR) of 7.0%.
Annual dynamics of production in Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.0% | 10.3% | 0.1% | 7.0% |
Exports coachwork polishes from Finland
Exports in kind, t
The market exhibited volatility during these years. Export volumes reached their lowest point in 2019 at 15.1 t, then peaked in 2017, with an 18-fold difference between these extremes. In 2020, exported volumes from Finland stood at 270.8 t, a sharp increase of 1,695.2% compared to the previous year. The largest decline of 94.4% was recorded in 2019.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.4%) | (94.4%) | 1 695.2% | (0.8%) |
From 2017 to 2020, the United States (28.7% of exports in kind), Belgium (19.3% of exports in kind), and Singapore (7.1% of exports in kind) formed the main cluster of markets, together accounting for 55.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Finland in kind, 2017-2020
Exports in value, K $ US
Finland exported 2 703 K $ US of coachwork polishes in 2020, representing a sharp rise of 33.1% over the previous year. Over the period from 2017 to 2020, exports increased by 19.1%, with a compound annual growth rate (CAGR) of 6.0%. The minimum value was recorded in 2019 at 2 030 K $ US, with the largest decline of 12.3% also occurring that year.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.0% | (12.3%) | 33.1% | 6.0% |
From 2017 to 2020, Belgium (28.7% of exports in value terms), the United States (22.3% of exports in value terms), and South Africa (6.5% of exports in value terms) were the largest buyers, together forming 57.5% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports coachwork polishes to Finland
Imports in kind, t
The data reveals irregular changes, indicating a volatile market environment. Import volumes hit their lowest point in 2019 at 8.6 t, then peaked in 2017, reflecting a 41-fold gap. In 2020, imported volumes amounted to 233.7 t, equivalent to a significant advance of 2,610.5% compared to 2019. The largest decline of 96.4% was recorded in 2019.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (31.1%) | (96.4%) | 2 610.5% | (12.8%) |
Throughout 2017 to 2020, Germany (28.0% of imports in kind), the United Kingdom (27.2% of imports in kind), and Belgium (9.1% of imports in kind) remained the key partners, together accounting for 64.3% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Finland in kind, 2017-2020
Imports in value, K $ US
After a two-year increase, coachwork polishes imports into Finland declined. In 2020, 1 581 K $ US was imported, indicating a limited decline of 7.0% compared to the previous year. Between 2017 and 2020, imports decreased by 4.9%, equating to an annualized rate of -1.7%. The maximum value was recorded in 2019 at 1 699 K $ US, with the largest increase of 1.4% also occurring that year.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.8% | 1.4% | (7.0%) | (1.7%) |
Throughout 2017 to 2020, the United Kingdom (24.8% of imports in value terms), Germany (22.1% of imports in value terms), and the United States (11.0% of imports in value terms) remained the key partners, together accounting for 57.9% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Finland in value, 2017-2020
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