Poland: Brakes And Servo-Brakes Market 2024

Brakes And Servo-Brakes Market Size in Poland

For the fourth year in a row, the Polish brakes and servo-brakes market recorded growth in sales value, which increased by 34% to $X in 2022. Over the period under review, consumption posted a resilient expansion. Brakes and servo-brakes consumption peaked in 2022 and is expected to retain growth in the immediate term.

Brakes And Servo-Brakes Production in Poland

In value terms, brakes and servo-brakes production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when the production volume increased by 78% against the previous year. Brakes and servo-brakes production peaked in 2022 and is expected to retain growth in years to come.

Brakes And Servo-Brakes Exports

Exports from Poland

In 2022, the amount of brakes and servo-brakes exported from Poland rose notably to X tons, with an increase of 15% on the year before. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 18% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, brakes and servo-brakes exports expanded significantly to $X in 2022. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for brakes and servo-brakes exports from Poland, with a 42% share of total exports. Moreover, brakes and servo-brakes exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+8.6% per year) and Slovakia (+21.5% per year).

In value terms, Germany ($X) remains the key foreign market for brakes and servo-brakes exports from Poland, comprising 39% of total exports. The second position in the ranking was taken by Italy ($X), with a 9.7% share of total exports. It was followed by the Czech Republic, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.6% per year) and the Czech Republic (+12.2% per year).

Export Prices by Country

The average brakes and servo-brakes export price stood at $X per ton in 2022, shrinking by -7.4% against the previous year. In general, the export price showed a mild setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 7.9%. The export price peaked at $X per ton 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 export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Brakes And Servo-Brakes Imports

Imports into Poland

In 2022, overseas purchases of brakes and servo-brakes increased by 8.7% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.1% 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 +32.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, brakes and servo-brakes imports rose rapidly to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +37.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of brakes and servo-brakes imports to Poland, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +19.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest brakes and servo-brakes suppliers to Poland were Germany ($X), China ($X) and Italy ($X), with a combined 61% share of total imports.

China, with a CAGR of +21.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average brakes and servo-brakes import price stood at $X per ton in 2022, falling by -1.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 10%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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