Poland: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Poland

The Polish market for instrument panel and wall clocks totaled $X in 2020, rising by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in Poland

In value terms, instrument panel and wall clock production contracted markedly to $X in 2020 estimated in export prices. Overall, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Instrument panel and wall clock production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Exports of Instrument Panel And Wall Clocks

Exports from Poland

In 2020, after four years of growth, there was significant decline in overseas shipments of instrument panel and wall clocks, when their volume decreased by -X% to X tons. Overall, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2019, and then fell notably in the following year.

In value terms, instrument panel and wall clock exports declined sharply to $X in 2020. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2019, and then dropped significantly in the following year.

Exports by Country

Germany (X tons) was the main destination for instrument panel and wall clock exports from Poland, with a X% share of total exports. Moreover, instrument panel and wall clock exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was occupied by Hungary (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Hungary (+X% per year).

In value terms, Germany ($X) remains the key foreign market for instrument panel and wall clock exports from Poland, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Austria (+X% per year).

Export Prices by Country

In 2020, the average export price for instrument panel and wall clocks amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Poland

In 2020, the amount of instrument panel and wall clocks imported into Poland contracted to X tons, with a decrease of -X% compared with 2019 figures. Over the period under review, imports showed a slight descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports shrank to $X in 2020. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2019, and then reduced in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of instrument panel and wall clock to Poland, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest instrument panel and wall clock suppliers to Poland were Germany ($X), China ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, Germany saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated strong growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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