Forecast: Non-Metallic Minerals Trade Balance Poland

From 2013 to 2023, Poland's non-metallic minerals trade balance showed significant volatility. Starting at 2.51 million metric tons in 2013, it peaked at 6.95 million metric tons in 2019, before experiencing a sharp decline to 2.81 million metric tons in 2022. By 2023, it rebounded to 3.56 million metric tons (+26.64% year-on-year).

Year-on-year fluctuations over the last two years were notable, with a staggering -36.09% in 2022 followed by a robust increase in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was recorded at 10.72%, projecting a cumulative growth rate of 66.37% by 2028.

Future trends to watch for include the impact of technological advancements and governmental policy changes on production and export capabilities, shifts in global demand, and resource availability. These factors will significantly influence Poland’s trade balance in non-metallic minerals going forward.