The Polish market for pulley tackle and hoists powered by an electric motor soared to $X in 2021, growing by X% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, production of pulley tackle and hoists powered by an electric motor rose markedly to $X in 2021 estimated in export price. Overall, production, however, posted a prominent increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.
Exports of Pulley Tackle And Hoists Powered By An Electric Motor
In 2021, after two years of decline, the overseas shipment of motor driven pulley blocks and cranes increased significantly, with the number increasing by X% to X sets. During the period under review, exports grew strongly. In 2017, the growth rate was the fastest, with exports growing by X%. In 2018, the export volume reached the peak of X sets; However, from 2019 to 2021, exports failed to recover momentum.
In terms of value, in 2021, the export value of motor driven pulley blocks and cranes increased slightly to $X. On the whole, the export volume increased significantly. The most significant growth rate occurred in 2017, when exports grew by X%. During the reporting period, the export volume in 2019 reached a record $X; However, from 2020 to 2021, Germany’s exports have declined.
Germany’s export volume (X sets) is the main export destination of Polish motor driven pulley blocks and cranes, accounting for X% of the total export. In addition, the number of electric pulley blocks and cranes exported to Germany is nine times more than that exported to Russia, the second largest destination (X sets). The third place is the Netherlands (X units), with a share of X%.
From 2012 to 2021, the average annual growth rate of German exports is+X%. Exports to other major destinations recorded the following average annual export growth rates:
Russia (- X% per year) and the Netherlands (+X% per year).
In terms of value,
Germany (USD X) is still the main foreign market for Polish motor driven pulley blocks and cranes, accounting for X% of the total export. The second place is Russia (US $X), accounting for X% of total exports. Next is the Netherlands, with a share of X%.
From 2012 to 2021, the average annual growth rate of German value is+X%. Exports to other major destinations recorded the following average annual export growth rates: Russia (- X% per year) and the Netherlands (+X% per year).
Imports of Pulley Tackle And Hoists Powered By An Electric Motor
In 2021, the import of pulley blocks and electric hoists in Poland soared to X units, an increase of X% over the figure in 2020. In general, imports continued to grow significantly. Therefore, imports have reached a peak and may continue to grow in the short term.
In terms of value, in 2021, the import of motor driven pulley blocks and cranes soared to $X. During the reporting period, imports grew strongly. The growth rate in 2018 was the most significant, increasing by X%. Imports peaked in 2021 and are expected to grow in the near future.
In 2021, South Korea (X sets) is the largest supplier of electric pulley blocks and cranes in Poland, accounting for X% of the total imports. In addition, the number of electric pulley blocks and cranes imported from South Korea is twice that of China (X sets), the second largest supplier. The Netherlands (X units) ranks third in terms of total imports, with a share of X%.
From 2012 to 2021, the average annual growth rate of South Korea’s exports is+X%. The average annual growth rate of imports of other supplier countries is as follows: China (+X% per year) and the Netherlands (+X% per year).
In terms of value, Germany (USD X) is the largest supplier of electric pulley blocks and cranes in Poland, accounting for X% of the total imports. The second place is Bulgaria (US $X), accounting for X% of total imports. It is followed by South Korea, which has a share of X%.
From 2012 to 2021, the average annual growth rate of German value is+X%. The average annual growth rate of imports of the remaining supplier countries is as follows: Bulgaria (+X% per year) and South Korea (+X% per year).
Statistics of various crane suppliers in Poland
In value terms, Germany constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Poland, comprising 50% of total imports. The second position in the ranking was taken by Bulgaria, with a 21% share of total imports. It was followed by South Korea, with a 6.4% share.
In value terms, Germany remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Poland, comprising 62% of total exports. The second position in the ranking was held by Russia, with a 14% share of total exports. It was followed by the Netherlands, with a 2.3% share.
The average export price for pulley tackle and hoists powered by an electric motor stood at $200 per unit in 2021, falling by -14.7% against the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $253 per unit in 2021, falling by -45.4% against the previous year.
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Poland: Market analysis of motor driven pulley block and hoist in 2022