Poland: Passenger Car Market 2024

Passenger Car Market Size in Poland

In 2021, the Polish passenger car market increased by 23% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Passenger Car Production in Poland

In value terms, passenger car production fell markedly to $X in 2021 estimated in export price. In general, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 10%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Passenger Car Exports

Exports from Poland

In 2021, approx. X units of passenger cars were exported from Poland; dropping by -6.2% compared with the previous year. Overall, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2015 when exports increased by 12% against the previous year. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, passenger car exports declined modestly to $X in 2021. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 17%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Ukraine (X units) and Italy (X units) were the main destinations of passenger car exports from Poland.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +51.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for passenger cars exports from Poland, comprising 32% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by France, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.0% per year) and France (-0.8% per year).

Export Prices by Country

The average passenger car export price stood at $X per unit in 2021, growing by 6.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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 the Netherlands ($X per unit), while the average price for exports to Ukraine ($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 the Netherlands (-3.4%), while the prices for the other major destinations experienced a decline.

Passenger Car Imports

Imports into Poland

In 2021, the amount of passenger cars imported into Poland soared to X units, jumping by 20% compared with the previous year's figure. Overall, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.5% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 26% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, passenger car imports surged to $X in 2021. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 34% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), Belgium (X units) and Germany (X units) were the main suppliers of passenger car imports to Poland, with a combined 70% share of total imports. These countries were followed by Slovenia, France, Slovakia, Hungary, Spain, Romania, South Korea, Italy, the UK and Turkey, which together accounted for a further 86%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +93.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of passenger cars to Poland, comprising 35% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+20.2% per year) and the Czech Republic (+6.4% per year).

Import Prices by Country

In 2021, the average passenger car import price amounted to $X per unit, waning by -3.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.9% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then fell modestly in the following year.

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 Germany ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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