Poland: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Poland

In 2022, after four years of growth, there was decline in the Polish pumps for liquids market, when its value decreased by -2.4% to $X. Overall, consumption, however, saw a prominent increase. Pumps for liquids consumption peaked at $X in 2021, and then declined in the following year.

Pumps For Liquids Production in Poland

In value terms, pumps for liquids production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Pumps For Liquids Exports

Exports from Poland

In 2022, approx. X units of pumps for liquids were exported from Poland; with an increase of 6.9% on 2021. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 76% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, pumps for liquids exports rose slightly to $X in 2022. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 111%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Italy (X units), Slovakia (X units) and Germany (X units) were the main destinations of pumps for liquids exports from Poland, together accounting for 56% of total exports. Turkey, Romania, Spain, Slovenia, the Czech Republic, Switzerland, the United States, Ukraine, Russia and Belarus lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +106.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for pumps for liquids exports from Poland, comprising 41% of total exports. The second position in the ranking was held by Germany ($X), with a 9.2% share of total exports. It was followed by Russia, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+23.6% per year) and Russia (-0.8% per year).

Export Prices by Country

In 2022, the average pumps for liquids export price amounted to $X per unit, which is down by -1.8% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 57% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Slovakia ($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 Italy (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps For Liquids Imports

Imports into Poland

After eight years of growth, supplies from abroad of pumps for liquids decreased by -0.1% to X units in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 72%. Imports peaked at X units in 2021, and then dropped modestly in the following year.

In value terms, pumps for liquids imports shrank modestly to $X in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 35%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest pumps for liquids supplier to Poland, accounting for a 48% share of total imports. Moreover, pumps for liquids imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. Slovenia (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+20.4% per year) and Slovenia (+52.7% per year).

In value terms, the largest pumps for liquids suppliers to Poland were China ($X), Germany ($X) and Italy ($X), together accounting for 58% of total imports. The Czech Republic, France, Spain, Slovenia, Switzerland and Romania lagged somewhat behind, together accounting for a further 17%.

Romania, with a CAGR of +119.3%, recorded 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

In 2022, the average pumps for liquids import price amounted to $X per unit, shrinking by -3.4% against the previous year. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform