Poland: Electroplating Machine Market 2024

Electroplating Machine Market Size in Poland

After three years of decline, the Polish electroplating machine market decreased by -74.1% to $X in 2021. Overall, consumption saw a deep contraction. The most prominent rate of growth was recorded in 2016 when the market value increased by 9% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electroplating Machine Production in Poland

In value terms, electroplating machine production stood at less than $X in 2021 estimated in export price. Overall, production recorded a dramatic slump. The pace of growth was the most pronounced in 2015 with a decrease of -12.6%. Electroplating machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Electroplating Machine Exports

Exports from Poland

In 2021, shipments abroad of machines for electroplating, electrolysis or electrophoresis increased by 172% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 299%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, electroplating machine exports shrank to $X in 2021. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 302%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for electroplating machine exports from Poland, with a 57% share of total exports. Moreover, electroplating machine exports to Russia exceeded the volume sent to the second major destination, Israel (X units), threefold. Germany (X units) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +167.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+1,086.0% per year) and Germany (+17.3% per year).

In value terms, Russia ($X), Germany ($X) and Israel ($X) were the largest markets for electroplating machine exported from Poland worldwide, with a combined 95% share of total exports.

In terms of the main countries of destination, Israel, with a CAGR of +617.8%, saw 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

In 2021, the average electroplating machine export price amounted to $X per unit, falling by -65.8% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Israel ($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 China (+38.8%), while the prices for the other major destinations experienced mixed trend patterns.

Electroplating Machine Imports

Imports into Poland

In 2021, after three years of decline, there was significant decline in overseas purchases of machines for electroplating, electrolysis or electrophoresis, when their volume decreased by -15.3% to X units. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 430%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, electroplating machine imports dropped remarkably to $X in 2021. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 241%. Over the period under review, imports hit record highs at $X in 2020, and then contracted markedly in the following year.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of electroplating machine to Poland, accounting for a 65% share of total imports. Moreover, electroplating machine imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. China (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +73.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.1% per year) and China (+71.0% per year).

In value terms, Italy ($X), Germany ($X) and the United States ($X) constituted the largest electroplating machine suppliers to Poland, with a combined 86% share of total imports. China, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 6.7%.

In terms of the main suppliers, China, with a CAGR of +65.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electroplating machine import price stood at $X per unit in 2021, which is down by -20% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 52%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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 Netherlands (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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