Poland: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2024

Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Poland

In 2021, the Polish fuel or lubricating pump market increased by 16% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed buoyant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the near future.

Production of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Poland

In value terms, fuel or lubricating pump production reduced to $X in 2021 estimated in export price. Overall, production, however, enjoyed strong growth. The growth pace was the most rapid in 2020 with an increase of 237%. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Exports from Poland

In 2021, approx. X units of fuel, lubricating or cooling-medium pumps for internal combustion engines were exported from Poland; with an increase of 23% against 2020 figures. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 48%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, fuel or lubricating pump exports rose notably to $X in 2021. Over the period under review, total exports indicated a resilient increase 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, exports decreased by -7.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 40%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Slovakia (X units) were the main destinations of fuel or lubricating pump exports from Poland, together comprising 40% of total exports. Romania, Russia, the Czech Republic, Italy, Ukraine, China, Morocco, Spain, Bulgaria and Hungary lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +230.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Slovakia ($X) appeared to be the largest markets for fuel or lubricating pump exported from Poland worldwide, with a combined 46% share of total exports. Romania, the Czech Republic, Italy, Russia, Morocco, China, Spain, Ukraine, Hungary and Bulgaria lagged somewhat behind, together comprising a further 31%.

In terms of the main countries of destination, Morocco, with a CAGR of +212.6%, saw the highest rates of growth with regard to 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 fuel or lubricating pump export price stood at $X per unit in 2021, declining by -10.7% against the previous year. Overall, the export price showed a noticeable downturn. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Bulgaria ($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 France (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Imports into Poland

In 2021, approx. X units of fuel, lubricating or cooling-medium pumps for internal combustion engines were imported into Poland; jumping by 28% on the previous year. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 116%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, fuel or lubricating pump imports rose sharply to $X in 2021. In general, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.6% against 2015 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of fuel or lubricating pump imports to Poland, with a combined 72% share of total imports. These countries were followed by the UK, Spain, France, Japan, the Czech Republic and Austria, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +72.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of fuel, lubricating or cooling-medium pumps for internal combustion engines to Poland, comprising 52% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by China, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.8% per year) and China (+24.8% per year).

Import Prices by Country

The average fuel or lubricating pump import price stood at $X per unit in 2021, declining by -17.8% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of 31%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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