Poland: Market for Machines For Balancing Mechanical Parts 2024

Market Size for Machines For Balancing Mechanical Parts in Poland

The Polish balancing mechanical parts machine market fell to $X.9B in 2022, declining by X% against the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X.7B in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Machines For Balancing Mechanical Parts in Poland

In value terms, balancing mechanical parts machine production declined to $X.4B in 2022 estimated in export price. Overall, production, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2014 with an increase of X%. Balancing mechanical parts machine production peaked at $X.5B in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Exports of Machines For Balancing Mechanical Parts

Exports from Poland

After two years of growth, shipments abroad of machines for balancing mechanical parts decreased by X% to X units in 2022. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X units in 2021, and then fell dramatically in the following year.

In value terms, balancing mechanical parts machine exports expanded slightly to $X in 2022. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), Slovakia (X units) and Germany (X units) were the main destinations of balancing mechanical parts machine exports from Poland, together accounting for X% of total exports. France, Romania, Hungary, Italy, Finland, Belgium, Slovenia, Lithuania, Estonia and Latvia lagged somewhat behind, together accounting for 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 Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for balancing mechanical parts machine exported from Poland were Belgium ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total exports. Slovakia, Romania, Slovenia, Italy, France, Hungary, Estonia, Lithuania, Finland and Latvia lagged somewhat behind, together comprising a further X%.

Estonia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average balancing mechanical parts machine export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Machines For Balancing Mechanical Parts

Imports into Poland

In 2022, approx. X units of machines for balancing mechanical parts were imported into Poland; reducing by X% compared with the year before. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then dropped dramatically in the following year.

In value terms, balancing mechanical parts machine imports contracted rapidly to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. 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 fell rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of balancing mechanical parts machine to Poland, accounting for a X% share of total imports. Moreover, balancing mechanical parts machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. Germany (X units) ranked third in terms of total imports with an X% share.

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

In value terms, the largest balancing mechanical parts machine suppliers to Poland were China ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. The UK lagged somewhat behind, accounting for a further X%.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 balancing mechanical parts machine import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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