Poland: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in Poland

The Polish electronic metal tester market surged to $X in 2021, with an increase of 71% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed prominent growth. Electronic metal tester consumption peaked in 2021 and is likely to see gradual growth in years to come.

Electronic Metal Tester Exports

Exports from Poland

After two years of decline, overseas shipments of electronic machines and appliances for testing metals decreased by -65.1% to X units in 2021. Overall, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 228% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020, and then declined remarkably in the following year.

In value terms, electronic metal tester exports fell notably to $X in 2021. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 196%. The exports peaked at $X in 2020, and then reduced sharply in the following year.

Exports by Country

Russia (X units) was the main destination for electronic metal tester exports from Poland, accounting for a 49% share of total exports. Moreover, electronic metal tester exports to Russia exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by the UK (X units), with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +104.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+55.9% per year) and the UK (+93.3% per year).

In value terms, Russia ($X) remains the key foreign market for electronic machines and appliances for testing metals exports from Poland, comprising 48% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Tunisia, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +72.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+49.6% per year) and Tunisia (+65.7% per year).

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, growing by 36% against the previous year. In general, the export price posted a noticeable increase. The growth pace was the most rapid in 2017 when the average export price increased by 98% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Tunisia ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Metal Tester Imports

Imports into Poland

Electronic metal tester imports into Poland soared to X units in 2021, with an increase of 27% compared with 2020 figures. Over the period under review, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 111% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, electronic metal tester imports skyrocketed to $X in 2021. In general, imports enjoyed a temperate increase. The growth pace was the most rapid in 2018 with an increase of 101%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), the UK (X units) and China (X units) were the main suppliers of electronic metal tester imports to Poland, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +41.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electronic machines and appliances for testing metals to Poland, comprising 42% of total imports. The second position in the ranking was held by the UK ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+23.4% per year) and the Netherlands (+10.0% per year).

Import Prices by Country

In 2021, the average electronic metal tester import price amounted to $X per unit, reducing by -6.8% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 78%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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