Poland: Shaft Coupling Market 2024

Shaft Coupling Market Size in Poland

The Polish shaft coupling market stood at $X in 2022, rising by 15% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Shaft Coupling Production in Poland

In value terms, shaft coupling production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Shaft Coupling Exports

Exports from Poland

After two years of growth, shipments abroad of clutches and shaft couplings decreased by -8.2% to X tons in 2022. In general, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 41%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, shaft coupling exports dropped to $X in 2022. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Bulgaria (X tons), Germany (X tons) and the United States (X tons) were the main destinations of shaft coupling exports from Poland, with a combined 39% share of total exports. China, Turkey, France, Norway, Ukraine, Russia, Romania, Ireland, the Czech Republic and Lithuania lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +89.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shaft coupling exported from Poland were Ireland ($X), France ($X) and Bulgaria ($X), together comprising 32% of total exports. Germany, the United States, Turkey, China, Romania, Ukraine, Russia, Lithuania, the Czech Republic and Norway lagged somewhat behind, together comprising a further 42%.

Turkey, with a CAGR of +88.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average shaft coupling export price stood at $X per ton in 2022, which is down by -5.4% against the previous year. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2016 an increase of 13% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Norway ($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 Romania (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Shaft Coupling Imports

Imports into Poland

For the fourth consecutive year, Poland recorded growth in supplies from abroad of clutches and shaft couplings, which increased by 13% to X tons in 2022. In general, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% 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 +114.1% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, shaft coupling imports rose significantly to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +112.5% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of shaft coupling imports to Poland, together comprising 75% of total imports. Turkey, the UK, France and the United States lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +42.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest shaft coupling suppliers to Poland were Germany ($X), Italy ($X) and China ($X), with a combined 63% share of total imports. The UK, Turkey, the United States and France lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Turkey, with a CAGR of +42.3%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average shaft coupling import price amounted to $X per ton, dropping by -7.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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