Poland: Working Wire Machine Market 2024

Working Wire Machine Market Size in Poland

In 2022, the Polish working wire machine market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, the total consumption indicated pronounced growth 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. Working wire machine consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Working Wire Machine Production in Poland

In value terms, working wire machine production plummeted to $X in 2022 estimated in export price. Overall, production, however, faced a precipitous contraction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Working Wire Machine Exports

Exports from Poland

In 2022, exports of machines for working wire from Poland totaled X units, standing approx. at the year before. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, working wire machine exports declined remarkably to $X in 2022. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

India (X units) was the main destination for working wire machine exports from Poland, accounting for a X% share of total exports. Moreover, working wire machine exports to India exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. Germany (X units) ranked third in terms of total exports with an X% share.

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

In value terms, the largest markets for working wire machine exported from Poland were Germany ($X), India ($X) and the Netherlands ($X), together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average working wire machine export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

Working Wire Machine Imports

Imports into Poland

After three years of growth, purchases abroad of machines for working wire decreased by X% to X units in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then contracted notably in the following year.

In value terms, working wire machine imports contracted sharply to $X in 2022. Over the period under review, imports, however, posted a moderate increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), Germany (X units) and China (X units) were the main suppliers of working wire machine imports to Poland, with a combined X% share of total imports.

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

In value terms, the largest working wire machine suppliers to Poland were Germany ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports. Italy, Japan, South Korea and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average working wire machine import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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