Poland: Power Tool Market 2024

Power Tool Market Size in Poland

The Polish power tool market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded prominent growth. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted in the following year.

Power Tool Production in Poland

In value terms, power tool production dropped sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021, and then fell rapidly in the following year.

Power Tool Exports

Exports from Poland

After two years of growth, shipments abroad of power tools decreased by X% to X units in 2022. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2021, and then declined slightly in the following year.

In value terms, power tool exports declined to $X in 2022. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Germany (X units) was the main destination for power tool exports from Poland, accounting for a X% share of total exports. Moreover, power tool exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Slovakia (X% per year).

In value terms, the largest markets for power tool exported from Poland were Germany ($X), the Czech Republic ($X) and Slovakia ($X), with a combined X% share of total exports. The Netherlands, Hungary, France, Romania, Lithuania, Austria, Italy, Belgium, Russia and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Austria, with a CAGR of X%, recorded 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

The average power tool export price stood at $X per unit in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

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

Power Tool Imports

Imports into Poland

After five years of growth, purchases abroad of power tools decreased by X% to X units in 2022. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, power tool imports contracted to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of power tool imports to Poland, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest power tool suppliers to Poland were Germany ($X), China ($X) and Belgium ($X), together accounting for X% of total imports.

Belgium, with a CAGR of X%, saw the highest growth rate of 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 power tool import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, power tool import price increased by X% against 2014 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform

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