Poland: Inductor Market 2024

Inductor Market Size in Poland

After two years of growth, the Polish inductor market decreased by X% to $X in 2023. Over the period under review, consumption saw a sharp decrease. Inductor consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Inductor Production in Poland

In value terms, inductor production fell to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Inductor Exports

Exports from Poland

In 2023, shipments abroad of inductors increased by X% to X units, rising for the fifth year in a row after six years of decline. Over the period under review, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, inductor exports surged to $X in 2023. In general, exports enjoyed a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for inductor exports from Poland, with a X% share of total exports. Moreover, inductor exports to Germany exceeded the volume sent to the second major destination, Denmark (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for inductors exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

The average inductor export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain (less than $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 United States (X%), while the prices for the other major destinations experienced a decline.

Inductor Imports

Imports into Poland

In 2023, approx. X units of inductors were imported into Poland; jumping by X% compared with the previous year's figure. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, inductor imports stood at $X in 2023. In general, total imports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2023 and are likely to see steady growth in the near future.

Imports by Country

China (X units), Germany (X units) and Switzerland (X units) were the main suppliers of inductor imports to Poland.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest inductor suppliers to Poland, together accounting for X% of total imports. The Czech Republic, South Korea, Switzerland, Vietnam, Austria, Italy and Sweden lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded 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

The average inductor import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price recorded a sharp decline. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform