Poland: Market for Machines For Preparing, Weaving And Knitting Textiles 2024

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Poland

The Polish market for machines for preparing, weaving and knitting textiles declined significantly to $X in 2021, waning by -17.9% against the previous year. In general, consumption saw a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Machines For Preparing, Weaving And Knitting Textiles in Poland

In value terms, textile weaving and knitting machinery production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 63%. Textile weaving and knitting machinery production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Poland

In 2021, exports of machines for preparing, weaving and knitting textiles from Poland declined to X units, waning by -14.2% against 2020. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 59% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, textile weaving and knitting machinery exports shrank sharply to $X in 2021. In general, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2019 when exports increased by 42% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted notably in the following year.

Exports by Country

Russia (X units), India (X units) and Uzbekistan (X units) were the main destinations of textile weaving and knitting machinery exports from Poland, together accounting for 48% of total exports. These countries were followed by Ukraine, Tajikistan, Belarus, Germany, France, Egypt, Italy, Tunisia, Turkey and Sweden, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of +83.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile weaving and knitting machinery exported from Poland were Germany ($X), Uzbekistan ($X) and Russia ($X), together comprising 62% of total exports.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +67.6%, 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 export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, dropping by -25.9% against the previous year. In general, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 83%. As a result, the export price reached the peak level of $X per unit, and then shrank sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Egypt ($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 (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Poland

In 2021, imports of machines for preparing, weaving and knitting textiles into Poland dropped significantly to X units, which is down by -19.8% against 2020. Overall, imports showed a slight contraction. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, textile weaving and knitting machinery imports shrank notably to $X in 2021. In general, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +8.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of textile weaving and knitting machinery imports to Poland, with a combined 78% share of total imports. Taiwan (Chinese), Spain, the Czech Republic, Turkey, Bulgaria and Japan lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +119.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest textile weaving and knitting machinery suppliers to Poland, together accounting for 74% of total imports. These countries were followed by Taiwan (Chinese), Bulgaria, Spain, Turkey, the Czech Republic, Japan and the United States, which together accounted for a further 12%.

Bulgaria, with a CAGR of +197.2%, 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 import price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2021, falling by -25.4% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, textile weaving and knitting machinery import price increased by +32.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 78%. As a result, import price reached the peak level of $X per unit, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Czech Republic ($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 United States (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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