Key Market Indicators
Poland's electrical equipment market is projected to see significant growth over the next five years. Revenue is expected to climb from €4.4 billion in 2023 to approximately €5.1 billion by 2028, marking an average annual growth rate of 2.5%. This follows a trend observed since 2013, when the market experienced a yearly increase of 2.8%. In 2023, Poland ranked ninth in the global market. Switzerland led just ahead with the same revenue figure of €4.4 billion. France, Italy, and Spain occupied the second, third, and fourth positions, respectively. On the import front, Poland's electrical equipment imports are forecasted to rise from $32.8 billion in 2023 to nearly $37.4 billion by 2028, with an average annual growth rate of 2.1%. Since 1999, Polish demand for electrical equipment has increased by 1.6% year on year. Meanwhile, exports are also on an upward trajectory. Polish electrical equipment exports are set to grow from $29 billion in 2023 to about $32.5 billion by 2028. This represents an average annual growth rate of 1.8%. Since 1999, the country's supply has seen a yearly increase of 0.9%.
