Poland: Public Works Machinery Market 2024

Public Works Machinery Market Size in Poland

The Polish public works machinery market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption continues to indicate a moderate expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Public Works Machinery Production in Poland

In value terms, public works machinery production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 98%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Public Works Machinery Exports

Exports from Poland

In 2021, exports of machinery for public works and building from Poland skyrocketed to X units, growing by 52% compared with 2020 figures. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 98%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, public works machinery exports surged to $X in 2021. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 49% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Ukraine (X units) was the main destination for public works machinery exports from Poland, accounting for a 53% share of total exports. Moreover, public works machinery exports to Ukraine exceeded the volume sent to the second major destination, Russia (X units), sevenfold. The third position in this ranking was taken by Moldova (X units), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine stood at +62.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-3.7% per year) and Moldova (+65.5% per year).

In value terms, the largest markets for public works machinery exported from Poland were Ukraine ($X), Germany ($X) and Russia ($X), together accounting for 55% of total exports. These countries were followed by Romania, Belgium, Belarus, Thailand, Moldova and Egypt, which together accounted for a further 15%.

Belgium, with a CAGR of +104.8%, 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 public works machinery export price amounted to $X per unit, which is down by -17.9% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 13%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Moldova ($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 Thailand (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Imports

Imports into Poland

After three years of decline, purchases abroad of machinery for public works and building increased by 19% to X units in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 194% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, public works machinery imports soared to $X in 2021. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2018 when imports increased by 67% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest public works machinery supplier to Poland, accounting for a 57% share of total imports. Moreover, public works machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+30.1% per year) and Italy (-0.7% per year).

In value terms, Germany ($X) constituted the largest supplier of machinery for public works and building to Poland, comprising 66% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.5% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.8% per year) and Italy (+16.8% per year).

Import Prices by Country

In 2021, the average public works machinery import price amounted to $X per unit, rising by 12% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 199%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Denmark ($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 (+52.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :