Poland: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in Poland

In 2022, the Polish personal weighing machine market decreased by -28.1% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, posted a pronounced expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Personal Weighing Machine Production in Poland

In value terms, personal weighing machine production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 1,847%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Personal Weighing Machine Exports

Exports from Poland

In 2022, overseas shipments of personal weighing machines decreased by -36.9% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 215% against the previous year. The exports peaked at X units in 2021, and then declined dramatically in the following year.

In value terms, personal weighing machine exports contracted notably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 413%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Germany (X units) was the main destination for personal weighing machine exports from Poland, accounting for a 62% share of total exports. Moreover, personal weighing machine exports to Germany exceeded the volume sent to the second major destination, Austria (X units), tenfold. The third position in this ranking was taken by the Czech Republic (X units), with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +77.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+53.1% per year) and the Czech Republic (+32.2% per year).

In value terms, Germany ($X) remains the key foreign market for personal weighing machines exports from Poland, comprising 62% of total exports. The second position in the ranking was taken by Austria ($X), with a 7.9% share of total exports. It was followed by the Czech Republic, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +85.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+72.6% per year) and the Czech Republic (+35.6% per year).

Export Prices by Country

In 2022, the average personal weighing machine export price amounted to $X per unit, growing by 3.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 63%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, 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 Russia ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports

Imports into Poland

After five years of growth, overseas purchases of personal weighing machines decreased by -18.9% to X units in 2022. In general, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then declined notably in the following year.

In value terms, personal weighing machine imports shrank markedly to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 48%. Imports peaked at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

China (X units) and Germany (X units) were the main suppliers of personal weighing machine imports to Poland.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +27.9%).

In value terms, China ($X) and Germany ($X) constituted the largest personal weighing machine suppliers to Poland.

In terms of the main suppliers, Germany, with a CAGR of +29.0%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, picking up by 2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 20%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%).

Source: IndexBox Platform

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