Poland: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Poland

In 2022, the Polish non-electric motor handtools market decreased by -28.9% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then fell notably in the following year.

Non-Electric Motor Handtools Production in Poland

In value terms, non-electric motor handtools production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 90%. Non-electric motor handtools production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports from Poland

In 2022, shipments abroad of handtools, hydraulic or with a self-contained non-electric motor increased by 38% to X units, rising for the third consecutive year after two years of decline. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 158% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-electric motor handtools exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of non-electric motor handtools exports from Poland, with a combined 60% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +148.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electric motor handtools exported from Poland were Sweden ($X), Germany ($X) and the Czech Republic ($X), with a combined 60% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +148.1%, saw 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

In 2022, the average non-electric motor handtools export price amounted to $X per unit, surging by 39% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Ukraine ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports

Imports into Poland

In 2022, overseas purchases of handtools, hydraulic or with a self-contained non-electric motor decreased by -14.2% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 82%. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, non-electric motor handtools imports declined to $X in 2022. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 31%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric motor handtools to Poland, accounting for a 53% share of total imports. Moreover, non-electric motor handtools imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.5% per year) and the Netherlands (+22.0% per year).

In value terms, China ($X) constituted the largest supplier of handtools, hydraulic or with a self-contained non-electric motor to Poland, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.6% per year) and the Netherlands (+16.8% per year).

Import Prices by Country

The average non-electric motor handtools import price stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per unit) and China ($X per unit), while the price for Sweden ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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