Poland: Market for Machine-Tools For Working Any Material By Removal Of Material 2024

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Poland

The Polish machine-tool for removing material market surged to $X in 2021, rising by 159% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a significant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Poland

In 2021, shipments abroad of machine-tools for working any material by removal of material increased by 10% to X units, rising for the second year in a row after two years of decline. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 12,702% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, machine-tool for removing material exports expanded significantly to $X in 2021. In general, exports recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 6,219% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), Indonesia (X units) and France (X units) were the main destinations of machine-tool for removing material exports from Poland, with a combined 44% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +165.9%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for machine-tools for working any material by removal of material exports from Poland, comprising 32% of total exports. The second position in the ranking was held by Russia ($X), with a 9.4% share of total exports. It was followed by Turkey, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +49.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-0.0% per year) and Turkey (+74.7% per year).

Export Prices by Country

The average machine-tool for removing material export price stood at $X per unit in 2021, waning by -2.1% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the 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 Turkey ($X per unit), while the average price for exports to Indonesia ($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 Turkey (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Poland

In 2021, machine-tool for removing material imports into Poland skyrocketed to X units, jumping by 113% against 2020. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,078% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, machine-tool for removing material imports surged to $X in 2021. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 464% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of machine-tool for removing material to Poland, with a 62% share of total imports. Moreover, machine-tool for removing material imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The Czech Republic (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.4% per year) and the Czech Republic (+21.9% per year).

In value terms, Germany ($X) constituted the largest supplier of machine-tools for working any material by removal of material to Poland, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.2% per year) and Italy (+11.5% per year).

Import Prices by Country

In 2021, the average machine-tool for removing material import price amounted to $X per unit, declining by -19.1% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 11%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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