Poland: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Poland

In 2021, the Polish market for parts of apparatus of hs increased by 52% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption continues to indicate a remarkable increase. Parts of apparatus of hs consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Parts Of Apparatus Of Hs in Poland

In value terms, parts of apparatus of hs production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Parts Of Apparatus Of Hs

Exports from Poland

In 2021, parts of apparatus of hs exports from Poland rose sharply to X units, with an increase of 8.5% against the year before. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 42% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, parts of apparatus of hs exports skyrocketed to $X in 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 68%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for parts of apparatus of hs exports from Poland, with a 84% share of total exports. Moreover, parts of apparatus of hs exports to Germany exceeded the volume sent to the second major destination, Spain (X units), ninefold. Italy (X units) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+19.4% per year) and Italy (+7.0% per year).

In value terms, Germany ($X) remains the key foreign market for parts of apparatus of hs exports from Poland, comprising 43% of total exports. The second position in the ranking was taken by Italy ($X), with a 6.9% share of total exports. It was followed by the UK, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +33.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+29.9% per year) and the UK (+25.8% per year).

Export Prices by Country

The average export price for parts of apparatus of hs stood at $X per unit in 2021, with an increase of 21% against the previous year. In general, the export price recorded strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 53% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Slovakia ($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 Czech Republic (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports into Poland

In 2021, supplies from abroad of parts of apparatus of hs increased by 22% to X units, rising for the fifth year in a row after two years of decline. Overall, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.7% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, parts of apparatus of hs imports soared to $X in 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 43%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of parts of apparatus of hs to Poland, with a 50% share of total imports. Moreover, parts of apparatus of hs imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by the Netherlands (X units), with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+27.3% per year) and the Netherlands (+50.3% per year).

In value terms, China ($X), Germany ($X) and the Netherlands ($X) were the largest parts of apparatus of hs suppliers to Poland, with a combined 55% share of total imports. Vietnam, Italy, France, Indonesia, Belgium, Malaysia and Thailand lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, Belgium, with a CAGR of +58.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for parts of apparatus of hs amounted to $X per unit, surging by 13% against the previous year. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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