Poland: Lift And Hoist Market 2024

Lift And Hoist Market Size in Poland

The Polish lift and hoist market soared to $X in 2022, picking up by 105% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lift And Hoist Production in Poland

In value terms, lift and hoist production rose notably to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by 21% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lift And Hoist Exports

Exports from Poland

In 2022, shipments abroad of lifts and hoists decreased by -19.9% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 153%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lift and hoist exports expanded rapidly to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 61% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X units), Germany (X units) and Belgium (X units) were the main destinations of lift and hoist exports from Poland, with a combined 37% share of total exports. Canada, the UK, the United States, the Netherlands, Vietnam, Finland, Norway, Austria, Australia and Russia lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +63.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lift and hoist exported from Poland were France ($X), Germany ($X) and Belgium ($X), with a combined 37% share of total exports. Canada, the UK, the United States, the Netherlands, Vietnam, Finland, Norway, Austria, Australia and Russia lagged somewhat behind, together comprising a further 49%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +59.2%, 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 lift and hoist export price stood at $X per unit in 2022, rising by 34% against the previous year. In general, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and Australia ($X per unit), while the average price for exports to Russia ($X per unit) and Austria ($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 Canada (+3.0%), while the prices for the other major destinations experienced a decline.

Lift And Hoist Imports

Imports into Poland

In 2022, the amount of lifts and hoists imported into Poland rose slightly to X units, surging by 3.2% on the previous year. Over the period under review, imports showed moderate growth. The pace of growth appeared the most rapid in 2018 when imports increased by 59% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lift and hoist imports amounted to $X in 2022. In general, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +4.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 48% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Slovakia (X units) and Italy (X units) were the main suppliers of lift and hoist imports to Poland, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +111.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lift and hoist suppliers to Poland were Spain ($X), Slovakia ($X) and Italy ($X), with a combined 79% share of total imports.

Slovakia, with a CAGR of +104.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lift and hoist import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 9.2%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and the Czech Republic ($X per unit), while the price for Italy ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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