Poland: Market for Machine Tools For Working Metal 2024

Market Size for Machine Tools For Working Metal in Poland

For the third consecutive year, the Polish machine-tool for working metal market recorded decline in sales value, which decreased by -0.1% to $X in 2021. Over the period under review, consumption, however, showed a perceptible downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Machine Tools For Working Metal in Poland

In value terms, machine-tool for working metal production surged to $X in 2021 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Machine Tools For Working Metal

Exports from Poland

In 2021, machine-tool for working metal exports from Poland soared to X units, with an increase of 86% on the year before. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine-tool for working metal exports skyrocketed to $X in 2021. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 73%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Czech Republic (X units), Hungary (X units) and Russia (X units) were the main destinations of machine-tool for working metal exports from Poland, with a combined 41% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +145.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for machine-tool for working metal exported from Poland were Germany ($X), Ukraine ($X) and Russia ($X), together comprising 30% of total exports. The Czech Republic, Romania, the United States, France, the Netherlands, Lithuania, Hungary, Brazil, Estonia and Mozambique lagged somewhat behind, together comprising a further 37%.

Among the main countries of destination, Hungary, with a CAGR of +101.6%, saw the highest rates of growth with regard to 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 machine-tool for working metal export price stood at $X per unit in 2021, which is down by -37% against the previous year. Overall, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Mozambique ($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 Germany (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine Tools For Working Metal

Imports into Poland

In 2021, overseas purchases of machine tools for working metal increased by 18% to X units, rising for the fourth consecutive year after two years of decline. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 92% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, machine-tool for working metal imports soared to $X in 2021. In general, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 35%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of machine-tool for working metal to Poland, accounting for a 40% share of total imports. Moreover, machine-tool for working metal 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 Italy (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.6% per year) and Italy (+13.4% per year).

In value terms, the largest machine-tool for working metal suppliers to Poland were Italy ($X), Germany ($X) and Turkey ($X), with a combined 55% share of total imports. These countries were followed by China, South Korea, Spain, Belgium, the Netherlands, Taiwan (Chinese), the United States, the Czech Republic, Portugal and the UK, which together accounted for a further 34%.

Belgium, with a CAGR of +17.3%, 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 machine-tool for working metal import price stood at $X per unit in 2021, almost unchanged from the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2014 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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