Poland - Steering Wheels, Steering Columns And Steering Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPoland's Export of Steering Wheels and Columns Decreases Slightly to $123M in November 2023
Poland Steering Wheels And Columns Exports
In November 2023, shipments abroad of steering wheels, steering columns and steering boxes decreased by -11.4% to 14K tons for the first time since August 2023, thus ending a two-month rising trend. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in October 2023 with an increase of 121% month-to-month. As a result, the exports attained the peak of 16K tons, and then reduced in the following month.
In value terms, steering wheels and columns exports dropped slightly to $123M (IndexBox estimates) in November 2023. The total export value increased at an average monthly rate of +1.6% from November 2022 to November 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in January 2023 when exports increased by 40% against the previous month.
| COUNTRY | Export Value of Steering Wheels And Columns in Poland (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Germany | 17.7 | 16.3 | 22.1 | 22.5 | 27.8 | 23.4 | 28.8 | 27.7 | 23.6 | 19.2 | 22.2 | 27.6 | 31.6 |
| Spain | 13.9 | 7.0 | 16.1 | 14.5 | 15.1 | 13.4 | 15.9 | 16.6 | 12.0 | 8.2 | 13.2 | 14.3 | 13.2 |
| Slovakia | 10.2 | 6.6 | 10.6 | 12.4 | 12.7 | 9.0 | 13.4 | 14.7 | 14.3 | 9.5 | 12.4 | 12.4 | 10.6 |
| France | 8.3 | 10.0 | 9.4 | 8.6 | 9.2 | 8.3 | 8.9 | 10.2 | 8.2 | 4.7 | 8.0 | 9.8 | 10.0 |
| Czech Republic | 7.3 | 6.7 | 7.7 | 8.0 | 8.4 | 7.7 | 7.7 | 10.2 | 7.6 | 8.8 | 8.0 | 11.6 | 9.8 |
| Italy | 8.3 | 6.6 | 9.2 | 9.4 | 10.1 | 10.3 | 11.9 | 11.0 | 9.9 | 2.8 | 9.5 | 8.9 | 9.0 |
| Romania | 6.1 | 4.8 | 15.2 | 8.4 | 9.2 | 7.0 | 7.5 | 8.8 | 8.3 | 6.0 | 8.4 | 11.0 | 7.5 |
| Others | 29.9 | 27.5 | 29.6 | 28.7 | 36.3 | 34.9 | 34.6 | 37.4 | 35.6 | 22.5 | 30.3 | 31.5 | 31.5 |
| Total | 102 | 85.5 | 120 | 112 | 129 | 114 | 129 | 137 | 119 | 81.8 | 112 | 127 | 123 |
Exports by Country
Spain (3.4K tons), Germany (2.1K tons) and Romania (1.7K tons) were the main destinations of steering wheels and columns exports from Poland, together accounting for 52% of total exports.
From November 2022 to November 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +11.2%), while the other leaders experienced more modest paces of growth.
In value terms, Germany ($32M) remains the key foreign market for steering wheels and columns exports from Poland, comprising 26% of total exports. The second position in the ranking was taken by Spain ($13M), with an 11% share of total exports. It was followed by Slovakia, with an 8.6% share.
From November 2022 to November 2023, the average monthly growth rate of value to Germany stood at +4.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Spain (-0.4% per month) and Slovakia (+0.3% per month).
Export Prices by Country
In November 2023, the steering wheels and columns price stood at $8,912 per ton (FOB, Poland), with an increase of 9.3% against the previous month. Over the period under review, the export price, however, recorded a noticeable decline. Over the period under review, the average export prices attained the peak figure at $17,151 per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Brazil ($22,966 per ton), while the average price for exports to Spain ($3,851 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for steering wheels and columns in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
