Poland: Market for Pneumatic Or Hydraulic Hand Tools 2024

Market Size for Pneumatic Or Hydraulic Hand Tools in Poland

The Polish market for pneumatic or hydraulic hand tools was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Pneumatic or hydraulic hand tool consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Pneumatic Or Hydraulic Hand Tools in Poland

In value terms, pneumatic or hydraulic hand tool production contracted notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -20.0% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by 42%. Pneumatic or hydraulic hand tool production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Poland

For the seventh year in a row, Poland recorded growth in shipments abroad of pneumatic or hydraulic hand tools, which increased by 33% to X tons in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, pneumatic or hydraulic hand tool exports soared to $X in 2021. Over the period under review, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Bulgaria (X tons) were the main destinations of pneumatic or hydraulic hand tool exports from Poland, with a combined 42% share of total exports. Slovakia, Lithuania, Romania, Sweden, Ukraine, the Netherlands, Italy, France, Hungary and Spain lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +94.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the Netherlands ($X) constituted the largest markets for pneumatic or hydraulic hand tool exported from Poland worldwide, together comprising 36% of total exports. These countries were followed by Sweden, Ukraine, Romania, France, Bulgaria, Lithuania, Slovakia, Italy, Hungary and Spain, which together accounted for a further 39%.

In terms of the main countries of destination, Sweden, with a CAGR of +89.8%, saw the highest rates of growth with regard to 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 export price for pneumatic or hydraulic hand tools amounted to $X per ton, increasing by 12% against the previous year. In general, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 13% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, 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 the Netherlands ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Poland

For the fifth consecutive year, Poland recorded growth in purchases abroad of pneumatic or hydraulic hand tools, which increased by 28% to X tons in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.5% 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 increased by +106.1% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool imports skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.2% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pneumatic or hydraulic hand tool to Poland, accounting for a 73% share of total imports. Moreover, pneumatic or hydraulic hand tool imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. The third position in this ranking was held by the Czech Republic (X tons), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and the Czech Republic (+46.2% per year).

In value terms, China ($X) constituted the largest supplier of pneumatic or hydraulic hand tools to Poland, comprising 44% of total imports. The second position in the ranking was held by Germany ($X), with a 21% share of total imports. It was followed by the Czech Republic, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.4% per year) and the Czech Republic (+42.2% per year).

Import Prices by Country

In 2021, the average import price for pneumatic or hydraulic hand tools amounted to $X per ton, with a decrease of -1.8% against the previous year. In general, the import price saw a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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