Poland: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Poland

The Polish hay-making machinery market rose notably to $X in 2021, growing by 9.7% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +92.2% against 2016 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the immediate term.

Hay-Making Machinery Production in Poland

In value terms, hay-making machinery production totaled $X in 2021 estimated in export price. Over the period under review, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 51% against the previous year. Hay-making machinery production peaked in 2021 and is expected to retain growth in the near future.

Hay-Making Machinery Exports

Exports from Poland

For the third year in a row, Poland recorded growth in overseas shipments of hay-making machinery, which increased by 17% to X units in 2021. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 45%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, hay-making machinery exports soared to $X in 2021. Overall, exports posted a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 50%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Denmark (X units), Germany (X units) and Russia (X units) were the main destinations of hay-making machinery exports from Poland, with a combined 37% share of total exports. These countries were followed by Ukraine, Italy, the UK, the Netherlands, the United States, France, Romania, Australia, Uzbekistan and the Czech Republic, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +150.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and Russia ($X) appeared to be the largest markets for hay-making machinery exported from Poland worldwide, with a combined 36% share of total exports. Italy, the UK, the Netherlands, France, the United States, Australia, the Czech Republic, Ukraine, Romania and Uzbekistan lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Uzbekistan, with a CAGR of +102.9%, 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 hay-making machinery export price stood at $X per unit in 2021, flattening at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Ukraine ($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 Australia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hay-Making Machinery Imports

Imports into Poland

Hay-making machinery imports into Poland surged to X units in 2021, jumping by 40% against the year before. Over the period under review, imports posted a measured increase. The growth pace was the most rapid in 2018 with an increase of 103% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, hay-making machinery imports soared to $X in 2021. Overall, imports recorded moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of 132% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), Austria (X units) and France (X units) were the main suppliers of hay-making machinery imports to Poland, together comprising 70% of total imports. These countries were followed by Denmark, the Czech Republic, China, Slovakia and the Netherlands, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +55.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) were the largest hay-making machinery suppliers to Poland, together comprising 76% of total imports. Denmark, the Czech Republic, China, the Netherlands and Slovakia lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Slovakia, with a CAGR of +38.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hay-making machinery import price stood at $X per unit in 2021, rising by 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the maximum 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 Austria ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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