Poland: Market for Instruments for Measuring Electrical Quantities 2024

Market Size for Instruments for Measuring Electrical Quantities in Poland

For the third year in a row, the Polish market for instruments for measuring electrical quantities recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption continues to indicate a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Instruments for Measuring Electrical Quantities in Poland

In value terms, instruments for measuring electrical quantities production contracted significantly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Instruments for Measuring Electrical Quantities

Exports from Poland

For the third consecutive year, Poland recorded growth in overseas shipments of instruments for measuring electrical quantities, which increased by X% to X units in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, instruments for measuring electrical quantities exports surged to $X in 2022. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for instruments for measuring electrical quantities exports from Poland, accounting for a X% share of total exports. Moreover, instruments for measuring electrical quantities exports to Germany exceeded the volume sent to the second major destination, Vietnam (X units), tenfold. The third position in this ranking was taken by the UK (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for instruments for measuring electrical quantities exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average export price for instruments for measuring electrical quantities amounted to $X per unit, dropping by X% against the previous year. Overall, the export price recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to the UK ($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 Ukraine (X%), while the prices for the other major destinations experienced a decline.

Imports of Instruments for Measuring Electrical Quantities

Imports into Poland

In 2022, imports of instruments for measuring electrical quantities into Poland stood at X units, picking up by X% compared with 2021 figures. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, instruments for measuring electrical quantities imports rose sharply to $X in 2022. In general, imports saw a prominent increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), China (X units) and Romania (X units) were the main suppliers of instruments for measuring electrical quantities imports to Poland, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for measuring electrical quantities to Poland, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for instruments for measuring electrical quantities amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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