Poland: Market for Turbo, Rotary and Reciporating Displacement Compressors 2024

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in Poland

In 2022, the Polish market for turbo, rotary and reciporating displacement compressors decreased by -61.4% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Production of Turbo, Rotary and Reciporating Displacement Compressors in Poland

In value terms, production of turbo, rotary and reciporating displacement compressors soared to $X in 2022 estimated in export price. In general, production saw a pronounced reduction. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from Poland

In 2022, exports of turbo, rotary and reciporating displacement compressors from Poland amounted to X units, with an increase of 8.7% on the year before. Overall, exports posted a strong increase. The growth pace was the most rapid in 2018 when exports increased by 31%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of turbo, rotary and reciporating displacement compressors fell to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 44% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Germany (X units) was the main destination for exports of turbo, rotary and reciporating displacement compressors from Poland, with a 40% share of total exports. Moreover, exports of turbo, rotary and reciporating displacement compressors to Germany exceeded the volume sent to the second major destination, Spain (X units), threefold. The Czech Republic (X units) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+9.2% per year) and the Czech Republic (+50.6% per year).

In value terms, the largest markets for turbo, rotary and reciporating displacement compressor exported from Poland were Germany ($X), Spain ($X) and Austria ($X), with a combined 52% share of total exports. The Czech Republic, the UK, Romania, Hungary, France, Slovakia, Belgium, Sweden, Italy and Portugal lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, Portugal, with a CAGR of +75.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, with a decrease of -13.3% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 21% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into Poland

In 2022, after two years of growth, there was significant decline in supplies from abroad of turbo, rotary and reciporating displacement compressors, when their volume decreased by -15.2% to X units. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, imports of turbo, rotary and reciporating displacement compressors shrank to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.8% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports reached the peak of $X, and then reduced slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest turbo, rotary and reciporating displacement compressor supplier to Poland, with a 73% share of total imports. Moreover, imports of turbo, rotary and reciporating displacement compressors from China exceeded the figures recorded by the second-largest supplier, Slovakia (X units), more than tenfold. Austria (X units) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+60.7% per year) and Austria (+91.9% per year).

In value terms, China ($X) constituted the largest supplier of turbo, rotary and reciporating displacement compressors to Poland, comprising 31% of total imports. The second position in the ranking was held by Slovakia ($X), with a 13% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+64.9% per year) and Austria (+60.1% per year).

Import Prices by Country

In 2022, the average import price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, growing by 13% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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