Poland: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Poland

In 2021, the Polish oil dispensing pump market decreased by -57.1% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a deep slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Oil Dispensing Pump Production in Poland

In value terms, oil dispensing pump production contracted markedly to $X in 2021 estimated in export price. In general, production showed a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 41% against the previous year. Oil dispensing pump production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Oil Dispensing Pump Exports

Exports from Poland

For the fourth year in a row, Poland recorded growth in shipments abroad of petrol and oil dispensing pumps, which increased by 85% to X units in 2021. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by 182%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, oil dispensing pump exports surged to $X in 2021. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 120%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), the Czech Republic (X units) and France (X units) were the main destinations of oil dispensing pump exports from Poland, with a combined 45% share of total exports. Latvia, Sweden, the UK, Finland, Belgium, Russia, Italy, Norway and Hungary lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +127.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and France ($X) were the largest markets for oil dispensing pump exported from Poland worldwide, together comprising 37% of total exports. These countries were followed by Latvia, Russia, Sweden, the UK, Finland, Belgium, Norway, Italy and Hungary, which together accounted for a further 46%.

In terms of the main countries of destination, Finland, with a CAGR of +131.4%, 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 oil dispensing pump export price amounted to $X per unit, shrinking by -17.8% against the previous year. In general, the export price, however, recorded a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by 78%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to France ($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 Hungary (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Dispensing Pump Imports

Imports into Poland

In 2021, oil dispensing pump imports into Poland rose notably to X units, surging by 12% against the previous year's figure. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 70%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, oil dispensing pump imports soared to $X in 2021. Overall, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of oil dispensing pump imports to Poland, with a combined 63% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +68.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of petrol and oil dispensing pumps to Poland, comprising 42% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total imports. It was followed by Portugal, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.7% per year) and Portugal (+10.6% per year).

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2021, rising by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 38%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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