Poland: Wood Drilling Machine Market 2022

Wood Drilling Machine Market Size in Poland

The Polish wood drilling machine market soared to $X in 2021, growing by 161% against the previous year. Over the period under review, consumption showed a slight expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wood Drilling Machine Production in Poland

In value terms, wood drilling machine production dropped significantly to $X in 2021 estimated in export price. Over the period under review, production saw a significant contraction. The growth pace was the most rapid in 2020 with an increase of 4,210% against the previous year. Wood drilling machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Drilling Machine Exports

Exports from Poland

In 2021, shipments abroad of drilling or morticing machines increased by 75% to X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 456%. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, wood drilling machine exports soared to $X in 2021. In general, exports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2015 when exports increased by 226%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for wood drilling machine exports from Poland, with a 48% share of total exports. Moreover, wood drilling machine exports to Germany exceeded the volume sent to the second major destination, Ukraine (X units), twofold. Austria (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+17.7% per year) and Austria (-17.0% per year).

In value terms, Ukraine ($X), Russia ($X) and Belarus ($X) appeared to be the largest markets for wood drilling machine exported from Poland worldwide, with a combined 71% share of total exports. These countries were followed by Germany, Norway, Lithuania, Austria, Italy, Belgium, the UK and Spain, which together accounted for a further 25%.

Among the main countries of destination, Spain, with a CAGR of +100.9%, 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 wood drilling machine export price amounted to $X per unit, falling by -6.4% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2020 an increase of 134% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Germany ($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 the United States (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Drilling Machine Imports

Imports into Poland

In 2021, purchases abroad of drilling or morticing machines was finally on the rise to reach X units after two years of decline. In general, imports enjoyed resilient growth. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wood drilling machine imports skyrocketed to $X in 2021. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of wood drilling machine imports to Poland, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +25.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of wood drilling machine to Poland, comprising 72% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by China, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and China (+32.8% per year).

Import Prices by Country

The average wood drilling machine import price stood at $X per unit in 2021, with an increase of 28% against the previous year. Overall, the import price, however, saw a slight curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: 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 Sweden (+30.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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