Poland: Market for Machine Tools For Working Metal Without Removing Metal 2024

Market Size for Machine Tools For Working Metal Without Removing Metal in Poland

The Polish machine tool for metal market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption posted a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Machine Tools For Working Metal Without Removing Metal

Exports from Poland

In 2021, approx. X units of machine tools for working metal without removing metal were exported from Poland; increasing by 414% on 2020. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine tool for metal exports soared to $X in 2021. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of 146%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X units), South Africa (X units) and South Korea (X units) were the main destinations of machine tool for metal exports from Poland, together comprising 46% of total exports. These countries were followed by Ireland, Germany, Austria, Ukraine, the UK, the Czech Republic, the Netherlands, China, Iceland and Norway, which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +465.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and South Korea ($X) were the largest markets for machine tool for metal exported from Poland worldwide, together accounting for 57% of total exports. The UK, the Czech Republic, Ukraine, China, South Africa, Austria, Ireland, the Netherlands, Norway and Iceland lagged somewhat behind, together accounting for a further 27%.

South Africa, with a CAGR of +279.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average machine tool for metal export price amounted to $X per unit, waning by -64.6% against the previous year. In general, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 47%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Ireland ($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 South Africa (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Machine Tools For Working Metal Without Removing Metal

Imports into Poland

In 2021, after two years of decline, there was significant growth in overseas purchases of machine tools for working metal without removing metal, when their volume increased by 195% to X units. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, machine tool for metal imports surged to $X in 2021. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 111%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest machine tool for metal supplier to Poland, accounting for a 55% share of total imports. Moreover, machine tool for metal imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. South Korea (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +53.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.4% per year) and South Korea (+45.8% per year).

In value terms, the largest machine tool for metal suppliers to Poland were Germany ($X), South Korea ($X) and Italy ($X), with a combined 76% share of total imports. China, Switzerland, Turkey, the Netherlands, the UK and Japan lagged somewhat behind, together accounting for a further 21%.

The UK, with a CAGR of +89.5%, recorded the highest growth rate of the value of imports, among 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 metal import price stood at $X per unit in 2021, falling by -45.1% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 42%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average 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 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 Japan (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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