Poland: Stone Polishing Machine Market 2023

Stone Polishing Machine Market Size in Poland

The Polish stone polishing machine market dropped slightly to $X in 2021, waning by -4.7% against the previous year. Overall, consumption faced a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Stone Polishing Machine Production in Poland

In value terms, stone polishing machine production rose to $X in 2021 estimated in export price. Overall, production, however, faced a drastic downturn. Stone polishing machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Stone Polishing Machine Exports

Exports from Poland

In 2021, shipments abroad of grinding or polishing machines for working stone, ceramics and concrete increased by 27% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 597% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, stone polishing machine exports surged to $X in 2021. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 238% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X units) was the main destination for stone polishing machine exports from Poland, with a 72% share of total exports. Moreover, stone polishing machine exports to the Netherlands exceeded the volume sent to the second major destination, Ukraine (X units), eightfold. Russia (X units) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+46.3% per year) and Russia (+2.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from Poland, comprising 66% of total exports. The second position in the ranking was held by Russia ($X), with a 15% share of total exports. It was followed by Ukraine, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +59.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+14.7% per year) and Ukraine (+52.4% per year).

Export Prices by Country

The average stone polishing machine export price stood at $X per unit in 2021, surging by 12% against the previous year. In general, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 302% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

Stone Polishing Machine Imports

Imports into Poland

In 2021, stone polishing machine imports into Poland shrank dramatically to X units, declining by -15.1% compared with the year before. Overall, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2015 with an increase of 388% against the previous year. Over the period under review, imports reached the maximum at X units in 2020, and then plummeted in the following year.

In value terms, stone polishing machine imports shrank to $X in 2021. In general, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% 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 -23.4% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 46%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of stone polishing machine imports to Poland, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +13.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of grinding or polishing machines for working stone, ceramics and concrete to Poland, comprising 48% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Japan, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.0% per year) and Japan (-9.6% per year).

Import Prices by Country

In 2021, the average stone polishing machine import price amounted to $X per unit, surging by 1.8% against the previous year. In general, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2014 an increase of 429% against the previous year. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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