Poland: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in Poland

The Polish stone polishing machine market contracted to $X in 2022, which is down by -7.7% against the previous year. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Stone Polishing Machine Production in Poland

In value terms, stone polishing machine production contracted slightly to $X in 2022 estimated in export price. In general, production, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by 2.2%. Stone polishing machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Stone Polishing Machine Exports

Exports from Poland

In 2022, overseas shipments of grinding or polishing machines for working stone, ceramics and concrete increased by 157% to X units, rising for the third consecutive year after five years of decline. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,534%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, stone polishing machine exports declined significantly to $X in 2022. Overall, exports saw buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 238%. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

Sweden (X units) was the main destination for stone polishing machine exports from Poland, with a 79% share of total exports. Moreover, stone polishing machine exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X units), sevenfold. The third position in this ranking was held by Kazakhstan (X units), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled +2,275.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+49.2% per year) and Kazakhstan (+56.2% per year).

In value terms, the largest markets for stone polishing machine exported from Poland were the Netherlands ($X), Sweden ($X) and Russia ($X), with a combined 80% share of total exports.

Sweden, with a CAGR of +2,685.0%, recorded the highest growth rate of 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

In 2022, the average stone polishing machine export price amounted to $X per unit, with a decrease of -73.7% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 188% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+17.2%), while the prices for the other major destinations experienced a decline.

Stone Polishing Machine Imports

Imports into Poland

In 2022, stone polishing machine imports into Poland skyrocketed to X units, with an increase of 28% on the previous year's figure. In general, imports recorded a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 73%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, stone polishing machine imports declined to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 46%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Spain (X units) and China (X units) were the main suppliers of stone polishing machine imports to Poland, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +46,866.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of grinding or polishing machines for working stone, ceramics and concrete to Poland, comprising 49% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Japan, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.8% per year) and Japan (-9.5% per year).

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2022, shrinking by -32.4% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+22.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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