Poland: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Poland

In 2021, the Polish metal threading machine market decreased by -53.6% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, recorded a moderate increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Threading Machine Exports

Exports from Poland

In 2021, the amount of threading or tapping machines for working metal exported from Poland soared to X units, jumping by 1,875% on the previous year. Overall, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal threading machine exports surged to $X in 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for metal threading machine exports from Poland, accounting for a 71% share of total exports. Moreover, metal threading machine exports to Russia exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was taken by Belarus (X units), with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +70.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-0.9% per year) and Belarus (+40.3% per year).

In value terms, Russia ($X) remains the key foreign market for threading or tapping machines for working metal exports from Poland, comprising 95% of total exports. The second position in the ranking was taken by Turkey ($X), with a 3.7% share of total exports. It was followed by Belarus, with a 0.7% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +115.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+4.1% per year) and Belarus (+21.4% per year).

Export Prices by Country

The average metal threading machine export price stood at $X per unit in 2021, with a decrease of -56.1% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 611%. The export price peaked at $X per unit in 2020, and then declined notably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Turkey ($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 Russia (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports

Imports into Poland

In 2021, the amount of threading or tapping machines for working metal imported into Poland surged to X units, rising by 23% compared with 2020 figures. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.3% 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 -27.9% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 76%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, metal threading machine imports soared to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -22.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Spain (X units) and China (X units) were the main suppliers of metal threading machine imports to Poland, together accounting for 71% of total imports. Turkey, the Czech Republic, the Netherlands and South Korea lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +27.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and China ($X) appeared to be the largest metal threading machine suppliers to Poland, together comprising 59% of total imports.

China, with a CAGR of +27.5%, saw 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 2021, the average metal threading machine import price amounted to $X per unit, rising by 16% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 119%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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