The aircraft and spacecraft turnover in Poland has shown significant growth from 2013 to 2023, increasing from 1.46 billion euros to 3.06 billion euros. Notably, in 2019, the sector experienced a substantial year-on-year growth of 22.23%, reaching 2.72 billion euros before facing a sharp decline of -26.21% in 2020 due to the pandemic. However, the industry rebounded with a 15.76% increase in 2021 and a 16.95% rise in 2022. The turnover figure for 2023 stood at 3.06 billion euros, reflecting a growth of 12.59% from the previous year. Over the past five years, the CAGR is 6.58%, indicating steady growth.
Looking ahead, the forecasted turnover from 2024 to 2028 shows a continued upward trajectory, reaching 3.99 billion euros by 2028 with a forecasted 5-year CAGR of 4.19% and an overall 5-year growth rate of 22.81%. This suggests a sustained demand and expansion in the aircraft and spacecraft sector in Poland.
Future trends to watch for include advancements in aerospace technology, increased investment in space exploration, enhanced commercial and defense aviation sectors, and potential impacts of global economic conditions on the industry.
