Poland: Interchangeable Spanner Socket Market 2024

Interchangeable Spanner Socket Market Size in Poland

In 2022, the Polish interchangeable spanner socket market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a buoyant expansion. Interchangeable spanner socket consumption peaked in 2022 and is likely to see gradual growth in years to come.

Interchangeable Spanner Socket Exports

Exports from Poland

In 2022, overseas shipments of interchangeable spanner sockets decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, interchangeable spanner socket exports dropped dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Germany (X tons), Romania (X tons) and the Czech Republic (X tons) were the main destinations of interchangeable spanner socket exports from Poland, together comprising X% of total exports. Belarus, Ukraine, Hungary, Latvia, Slovakia, Lithuania, Russia, Croatia, Austria and Moldova lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for interchangeable spanner sockets exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with an X% share of total exports. It was followed by the Czech Republic, with an X% share.

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

Export Prices by Country

The average interchangeable spanner socket export price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Interchangeable Spanner Socket Imports

Imports into Poland

In 2022, overseas purchases of interchangeable spanner sockets increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, interchangeable spanner socket imports expanded slightly to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest interchangeable spanner socket supplier to Poland, accounting for a X% share of total imports. Moreover, interchangeable spanner socket imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

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

In value terms, China ($X), Germany ($X) and Taiwan (Chinese) ($X) were the largest interchangeable spanner socket suppliers to Poland, together comprising X% of total imports.

Germany, 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 mixed trend patterns.

Import Prices by Country

The average interchangeable spanner socket import price stood at $X per ton in 2022, dropping 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 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then declined slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :