Seals; Mechanical Price in Poland - 2023

Seals; Mechanical Price in Poland (CIF) - 2022

The average seals; mechanical import price stood at $3.2 per unit in 2022, reducing by -18% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. The import price peaked at $3.9 per unit in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($9.9 per unit), while the price for India ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Seals; Mechanical Price in Poland (FOB) - 2022

In 2022, the average seals; mechanical export price amounted to $5.2 per unit, falling by -10.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $5.8 per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($11 per unit), while the average price for exports to the Philippines ($0.9 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 Lithuania (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Seals; Mechanical Imports in Poland

In 2022, the amount of seals; mechanicals imported into Poland surged to 13M units, jumping by 28% on 2021. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, seals; mechanical imports totaled $41M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Seals; Mechanical in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	2.1	4.8	11.3	11.6	76.8%
Germany	8.8	10.3	11.9	11.0	7.7%
China	2.1	2.9	4.1	5.0	33.5%
United Kingdom	5.3	3.4	1.9	2.6	-21.1%
Netherlands	0.6	1.3	1.2	2.0	49.4%
Czech Republic	0.7	1.0	0.8	2.0	41.9%
Taiwan (Chinese)	0.8	0.9	1.2	1.5	23.3%
United States	1.2	1.7	1.7	1.0	-5.9%
France	0.7	0.4	0.6	0.6	-5.0%
India	0.4	0.1	0.2	0.2	-20.6%
Others	3.5	3.8	4.5	3.8	2.8%
Total	26.3	30.6	39.5	41.3	16.2%

Top Suppliers of Seals; Mechanical to Poland in 2022:

Germany (3.9M units)
Italy (2.4M units)
China (2.3M units)
Netherlands (0.9M units)
Taiwan (Chinese) (0.9M units)
Czech Republic (0.8M units)
France (0.3M units)
United Kingdom (0.3M units)
United States (0.2M units)
India (0.2M units)

Seals; Mechanical Exports in Poland

In 2022, seals; mechanical exports from Poland declined to 2.3M units, reducing by -11.2% on 2021 figures. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports attained the peak of 2.6M units, and then dropped in the following year.

In value terms, seals; mechanical exports plummeted to $12M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $15M, and then dropped notably in the following year.

Export of Seals; Mechanical in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3,164	2,980	3,411	3,522	3.6%
Canada	74.9	505	1,223	707	111.3%
United States	1,106	886	915	619	-17.6%
Lithuania	167	293	511	505	44.6%
Italy	315	505	742	502	16.8%
Ukraine	730	620	641	487	-12.6%
France	585	589	567	430	-9.8%
Czech Republic	312	249	384	389	7.6%
Netherlands	157	88.3	323	341	29.5%
Uruguay	2.0	1.0	N/A	235	389.8%
Slovakia	89.5	119	188	220	35.0%
Estonia	89.6	114	101	150	18.7%
Philippines	368	N/A	N/A	42.9	-51.1%
Others	4,351	4,462	6,401	4,121	-1.8%
Total	11,511	11,412	15,407	12,270	2.2%