Heat exchangers and gas liquefaction market in Poland

Earlier Report Observations

The market for heat exchangers and gas liquefaction machinery in Poland experienced substantial growth between 2019 and 2021, with its size increasing from $297.5 million to $614.1 million. This expansion was supported by a rise in domestic production, which climbed to $394.6 million in 2021, and a significant surge in imports, which grew from $8.3 million to $223.6 million over the same period.

Following the peak in 2021, the market contracted to $455.6 million in 2023. While production continued to grow, reaching $495.6 million, a major shift in trade flows influenced the market size. Exports, which had been minimal until 2021, rose sharply to $361.1 million in 2022 and remained high at $330.6 million in 2023, diverting a larger share of output abroad.

The import volume continued to play a key role, reaching $290.6 million in 2023 to complement domestic supply. The overall market dynamics from 2019 to 2023 reflect a period of initial rapid growth driven by production and import increases, followed by a stabilization where higher export activity balanced the domestic availability.

Production heat exchangers and gas liquefaction in Poland

In value, 2017-2020, M $ US

In 2020, Poland's production of heat exchangers and gas liquefaction was valued at 244.8 million US dollars, marking a 15.7% decrease from the previous year. Over the period from 2017 to 2020, production declined by 8.6%, which translates to an average annual reduction of 3.0%.

Annual dynamics of production in Poland in value, 2017-2020, M $ US

Exports heat exchangers and gas liquefaction from Poland

Exports in kind, t

The market showed an unstable trend throughout this period. Export volumes reached their lowest point in 2019 at 68 tonnes, then surged to 192 tonnes in 2020, representing a 183.8% increase from the previous year. From the peak in 2017 to the trough in 2019, volumes varied by a factor of 499, with the largest decline of 99.7% occurring in 2019.

Annual dynamics of product's exports from Poland in kind, 2017-2020, t

Between 2017 and 2020, Germany, the United States, and France were the top buyers of heat exchangers and gas liquefaction from Poland, accounting for 30.1%, 7.4%, and 6.1% of exports in kind, respectively. However, their combined share was only 43.6% of total exports, indicating a diversified market structure.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Poland in kind, 2017-2020

Exports in value, M $ US

The data reveals irregular changes, pointing to a volatile market environment. Exports peaked in 2018 at 257.1 million US dollars, then fell to their lowest point in 2019 at 1.2 million US dollars, a variation of 221 times. In 2020, Poland's exports of heat exchangers and gas liquefaction amounted to 4.2 million US dollars, showing a sharp gain of 260.4% compared to 2019. The largest decline of 99.5% was recorded in 2019.

Annual dynamics of product's exports from Poland in value, 2017-2020, M $ US

From 2017 to 2020, Poland's exports of heat exchangers and gas liquefaction in value terms were spread across a wide range of markets. Germany, the United States, and Canada accounted for 21.6%, 13.6%, and 6.4% of exports in value terms, respectively, but together they made up only 41.6% of total flows, reflecting a broad distribution.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Poland in value, 2017-2020

Imports heat exchangers and gas liquefaction to Poland

Imports in kind, t

Volatility characterized the market behavior during these years. Imports reached their maximum in 2018 at 9 401 tonnes, then dropped to their lowest point in 2019 at 260 tonnes, a variation of 36 times. In 2020, Poland's imports of heat exchangers and gas liquefaction came to 8 582 tonnes, corresponding to a sharp rise of 3,202.1% compared to 2019. The largest decline of 97.2% was recorded in 2019.

Annual dynamics of product's imports to Poland in kind, 2017-2020, t

The data for 2017–2020 indicate that Poland's imports of heat exchangers and gas liquefaction in kind were not heavily concentrated on a few key sources. Germany, Italy, and Turkey accounted for 20.4%, 14.4%, and 13.3% of imports in kind, respectively, but their combined contribution was only 48.1% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Poland in kind, 2017-2020

Imports in value, M $ US

Volatility characterized the market behavior during these years. Imports hit their lowest point in 2019 at 8.3 million US dollars, then peaked in 2020 at 124.9 million US dollars, with a 15-fold gap between these years. In 2020, Poland's imports of heat exchangers and gas liquefaction stood at 124.9 million US dollars, reflecting an increase of 1,399.9% compared to 2019. The largest decline of 92.5% was recorded in 2019.

Annual dynamics of product's imports to Poland in value, 2017-2020, M $ US

The data for 2017–2020 show that Poland's imports of heat exchangers and gas liquefaction in value terms were not focused on a few key destinations. Germany, Italy, and Sweden accounted for 24.5%, 12.9%, and 9.3% of imports in value terms, respectively, but together they represented only 46.8% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Poland in value, 2017-2020