Poland: Flywheels And Pulleys Market 2024

Flywheels And Pulleys Market Size in Poland

The Polish flywheels and pulleys market totaled $X in 2021, approximately mirroring the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +128.4% against 2015 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Flywheels And Pulleys Production in Poland

In value terms, flywheels and pulleys production shrank to $X in 2021 estimated in export price. Overall, production, however, showed resilient growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Flywheels And Pulleys Exports

Exports from Poland

In 2021, overseas shipments of flywheels and pulleys were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.4% against 2017 indices. The pace of growth was the most pronounced in 2015 with an increase of 71%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, flywheels and pulleys exports surged to $X in 2021. In general, exports posted a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 41%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main destinations of flywheels and pulleys exports from Poland, with a combined 60% share of total exports. The Czech Republic, Hungary, Japan, Lithuania, Russia, Slovakia, Ukraine, Brazil, Latvia and Finland lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +397.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest markets for flywheels and pulleys exported from Poland worldwide, together accounting for 47% of total exports. These countries were followed by the Czech Republic, Lithuania, Hungary, Slovakia, Latvia, Japan, Ukraine, Russia, Brazil and Finland, which together accounted for a further 34%.

Japan, with a CAGR of +343.2%, saw the highest growth rate of the value of exports, in terms of 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 flywheels and pulleys export price stood at $X per ton in 2021, with an increase of 9.3% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, flywheels and pulleys export price increased by +87.4% against 2015 indices. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels And Pulleys Imports

Imports into Poland

In 2021, supplies from abroad of flywheels and pulleys decreased by -6.7% to X tons for the first time since 2015, thus ending a five-year rising trend. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 19%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, flywheels and pulleys imports expanded sharply to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.0% against 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 29%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of flywheels and pulleys imports to Poland, together accounting for 63% of total imports. Hungary, Slovakia, China, the Czech Republic, Japan, Spain, Belgium, France and Canada lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +41.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of flywheels and pulleys to Poland, comprising 36% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+14.5% per year) and Italy (+4.2% per year).

Import Prices by Country

In 2021, the average flywheels and pulleys import price amounted to $X per ton, surging by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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