Poland: Market for Forage Harvesters and Other Harvesting Machines 2024

Market Size for Forage Harvesters and Other Harvesting Machines in Poland

In 2021, the Polish market for forage harvesters and other harvesting machines decreased by -88.9% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a sharp downturn. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Forage Harvesters and Other Harvesting Machines in Poland

In value terms, production of forage harvesters and other harvesting machines declined significantly to $X in 2021 estimated in export price. Over the period under review, production faced a dramatic descent. The pace of growth was the most pronounced in 2016 with an increase of 25% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Forage Harvesters and Other Harvesting Machines

Exports from Poland

For the third consecutive year, Poland recorded growth in shipments abroad of forage harvesters and other harvesting machines, which increased by 23% to X units in 2021. Over the period under review, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 46% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of forage harvesters and other harvesting machines surged to $X in 2021. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 65% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X units), the United States (X units) and Uzbekistan (X units) were the main destinations of exports of forage harvesters and other harvesting machines from Poland, with a combined 35% share of total exports. These countries were followed by Russia, China, Ukraine, Belarus, Pakistan, Iran, Kazakhstan, Egypt, Paraguay and Serbia, which together accounted for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +88.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for forage harvesters and other harvesting machines exported from Poland were Russia ($X), Germany ($X) and Belarus ($X), together comprising 44% of total exports. The United States, China, Ukraine, Kazakhstan, Uzbekistan, Iran, Serbia, Pakistan, Paraguay and Egypt lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Uzbekistan, with a CAGR of +73.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for forage harvesters and other harvesting machines stood at $X per unit in 2021, declining by -2.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Egypt ($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 Uzbekistan (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Forage Harvesters and Other Harvesting Machines

Imports into Poland

In 2021, approx. X units of forage harvesters and other harvesting machines were imported into Poland; increasing by 39% against the year before. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2018 with an increase of 83% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of forage harvesters and other harvesting machines soared to $X in 2021. In general, imports continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 63%. Over the period under review, imports of attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of forage harvesters and other harvesting machines to Poland, with a 49% share of total imports. Moreover, imports of forage harvesters and other harvesting machines from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The Czech Republic (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.8% per year) and the Czech Republic (+40.7% per year).

In value terms, Germany ($X) constituted the largest supplier of forage harvesters and other harvesting machines to Poland, comprising 58% of total imports. The second position in the ranking was held by Belgium ($X), with a 10% share of total imports. It was followed by France, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+51.8% per year) and France (+3.0% per year).

Import Prices by Country

The average import price for forage harvesters and other harvesting machines stood at $X per unit in 2021, surging by 4.5% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 10% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :