Poland: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Poland

In 2022, after two years of growth, there was significant decline in the Polish market for vacuum pumps and air or gas compressors, when its value decreased by -23.9% to $X. In general, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2021, and then contracted dramatically in the following year.

Production of Vacuum Pumps and Air or Gas Compressors in Poland

In value terms, production of vacuum pumps and air or gas compressors skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a noticeable shrinkage. Over the period under review, production of reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Poland

In 2022, approx. X units of vacuum pumps and air or gas compressors were exported from Poland; leveling off at 2021. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of vacuum pumps and air or gas compressors declined modestly to $X in 2022. In general, exports posted buoyant growth. The growth pace was the most rapid in 2018 when exports increased by 35% against the previous year. The exports peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Germany (X units) was the main destination for exports of vacuum pumps and air or gas compressors from Poland, accounting for a 33% share of total exports. Moreover, exports of vacuum pumps and air or gas 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 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+10.9% per year) and the Czech Republic (+18.2% per year).

In value terms, Germany ($X), Spain ($X) and the Czech Republic ($X) were the largest markets for vacuum pump and air or gas compressor exported from Poland worldwide, together accounting for 49% of total exports. Austria, the UK, Romania, Hungary, France, the Netherlands, Italy, Slovakia, Belgium and Latvia lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Austria, with a CAGR of +70.4%, saw the highest growth rate of 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 vacuum pumps and air or gas compressors amounted to $X per unit, declining by -5.1% against the previous year. Overall, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 13% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Latvia ($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 (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Poland

In 2022, supplies from abroad of vacuum pumps and air or gas compressors decreased by -9.8% to X units for the first time since 2016, thus ending a five-year rising trend. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% 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 +69.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, imports of vacuum pumps and air or gas compressors dropped modestly to $X in 2022. Overall, imports, however, continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest vacuum pump and air or gas compressor supplier to Poland, with a 63% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), eightfold. Italy (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.0% per year) and Italy (-3.0% per year).

In value terms, China ($X) constituted the largest supplier of vacuum pumps and air or gas compressors to Poland, comprising 28% of total imports. The second position in the ranking was taken by Japan ($X), with a 9.4% share of total imports. It was followed by Germany, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+16.3% per year) and Germany (-5.1% per year).

Import Prices by Country

In 2022, the average import price for vacuum pumps and air or gas compressors amounted to $X per unit, with an increase of 5.7% against the previous year. Overall, the import price, however, saw a slight descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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