Poland: Market for Grinding, Sanding and Polishing Machines 2022

Market Size for Grinding, Sanding and Polishing Machines in Poland

In 2021, the Polish market for grinding, sanding and polishing machines decreased by -96.3% to $X, falling for the third consecutive year after two years of growth. In general, consumption saw a significant decrease. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Grinding, Sanding and Polishing Machines in Poland

In value terms, grinding, sanding and polishing machine production stood at $X in 2021 estimated in export price. Overall, production, however, faced a abrupt curtailment. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Grinding, Sanding and Polishing Machines

Exports from Poland

In 2021, shipments abroad of grinding, sanding and polishing machines increased by 16% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 53%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, grinding, sanding and polishing machine exports surged to $X in 2021. Overall, exports recorded a measured expansion. The most prominent rate of growth was recorded in 2015 with an increase of 140%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Ukraine (X units) was the main destination for grinding, sanding and polishing machine exports from Poland, with a 54% share of total exports. Moreover, grinding, sanding and polishing machine exports to Ukraine exceeded the volume sent to the second major destination, Russia (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to Ukraine stood at +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+34.4% per year) and the Netherlands (-11.2% per year).

In value terms, Russia ($X) remains the key foreign market for grinding, sanding and polishing machine exports from Poland, comprising 51% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Ukraine, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-8.6% per year) and Ukraine (+0.2% per year).

Export Prices by Country

The average export price for grinding, sanding and polishing machines stood at $X per unit in 2021, picking up by 23% against the previous year. Overall, the export price saw notable growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 122%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Russia ($X per unit), while the average price for exports to Ukraine ($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 Estonia (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grinding, Sanding and Polishing Machines

Imports into Poland

In 2021, purchases abroad of grinding, sanding and polishing machines decreased by -30.1% to X units, falling for the third consecutive year after two years of growth. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, grinding, sanding and polishing machine imports declined modestly to $X in 2021. Over the period under review, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of 35% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of grinding, sanding and polishing machine imports to Poland, together accounting for 77% of total imports. Sweden, the Netherlands, Austria and the Czech Republic lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of grinding, sanding and polishing machine to Poland, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by China, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.8% per year) and China (+4.8% per year).

Import Prices by Country

The average import price for grinding, sanding and polishing machines stood at $X per unit in 2021, picking up by 38% against the previous year. Overall, the import price recorded a noticeable expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 185% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for the Netherlands ($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 (+20.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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