Over the period from 2013 to 2023, the Manufacture of Fibre Optic Cables sector in Poland experienced substantial growth. The turnover increased from 38.2 million Zloty in 2013 to 919.6 million Zloty in 2023. Notably, from 2019 to 2020, there was an exponential increase, followed by consistent strong growth leading up to 2023. The year-on-year percentage variations highlight significant jumps especially in 2019 and 2020, with respective increases of 93.12% and 161.38%. In 2023, the turnover stood at 919.6 million Zloty, demonstrating a 22.79% increase from the previous year. The compound annual growth rate (CAGR) over the last five years averaged at 66.81%.
Future trends to watch for include:
• Continued robust growth in the sector, with forecasted turnover reaching 1580.0 million Zloty by 2028.
• An anticipated CAGR of 8% from 2024 to 2028, indicating moderated but stable growth.
• Potential impacts of technological advancements and increased demand for high-speed internet connectivity.
• Monitoring global supply chain issues, which might affect production and delivery rates.
