Poland: Market for Mechanical Shovels, Excavators And Shovel Loaders 2024

Market Size for Mechanical Shovels, Excavators And Shovel Loaders in Poland

The Polish mechanical shovel and excavator market skyrocketed to $X in 2021, growing by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded strong growth. Mechanical shovel and excavator consumption peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Mechanical Shovels, Excavators And Shovel Loaders

Exports from Poland

In 2021, overseas shipments of mechanical shovels, excavators and shovel loaders increased by 30% to X units, rising for the sixth year in a row after two years of decline. Overall, total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +130.3% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mechanical shovel and excavator exports surged to $X in 2021. Over the period under review, exports, however, recorded a mild curtailment. The growth pace was the most rapid in 2018 with an increase of 23%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units) was the main destination for mechanical shovel and excavator exports from Poland, accounting for a 25% share of total exports. Moreover, mechanical shovel and excavator exports to Ukraine exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by the UK (X units), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume to Ukraine totaled +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+23.2% per year) and the UK (+23.4% per year).

In value terms, Ukraine ($X) remains the key foreign market for mechanical shovels, excavators and shovel loaders exports from Poland, comprising 22% of total exports. The second position in the ranking was held by the UK ($X), with a 9% share of total exports. It was followed by Germany, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+14.2% per year) and Germany (+10.7% per year).

Export Prices by Country

The average mechanical shovel and excavator export price stood at $X per unit in 2021, shrinking by -7.2% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Sweden ($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 Norway (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Shovels, Excavators And Shovel Loaders

Imports into Poland

In 2021, approx. X units of mechanical shovels, excavators and shovel loaders were imported into Poland; rising by 14% on the year before. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by 134%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, mechanical shovel and excavator imports soared to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 98% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

China (X units), Germany (X units) and the UK (X units) were the main suppliers of mechanical shovel and excavator imports to Poland, with a combined 56% share of total imports. France, the Netherlands, Austria, Belgium, Italy, Sweden, the Czech Republic, Denmark, Romania and the United States lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +80.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mechanical shovel and excavator suppliers to Poland were Germany ($X), the UK ($X) and Belgium ($X), with a combined 48% share of total imports. France, Sweden, the Netherlands, Austria, China, Italy, the Czech Republic, Denmark, Romania and the United States lagged somewhat behind, together comprising a further 43%.

In terms of the main suppliers, Romania, with a CAGR of +88.8%, recorded the highest growth rate of 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 mechanical shovel and excavator import price stood at $X per unit in 2021, surging by 24% against the previous year. Overall, the import price, however, saw a pronounced reduction. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China ($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 United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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