Forecast: Value Added of Electrical Equipment in Poland

From 2013 to 2023, the value added of electrical equipment in Poland demonstrated variability with notable fluctuations. The value stood at 16.49 billion Zloty in 2023. Despite periods of decline, such as in 2013, 2016, and 2017, the overall trend showed growth. Significant year-on-year variations included increases in 2015 (17.62%) and 2021 (24%), and a sharp decline in 2020 (-14.46%). Over the past five years, the compound annual growth rate (CAGR) indicated an average increase of 2.55% annually, reflecting slight but consistent progress.

Future trends to watch for include technological advancements, shifting market demands and global supply chain dynamics. The forecasted growth rate over the next five years is moderate, at an average CAGR of 1.99%, projecting the value to reach 18.71 billion Zloty by 2028. This suggests steady growth driven by innovation and increased global demand.

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