The sold production of parts for central heating boilers in Poland demonstrated notable fluctuations between 2013 and 2023. After initial declines from 2013 to 2016, there was a recovery between 2017 and 2019, with consistent growth marked by a significant dip in 2020 (-16.59%). The post-2020 period returned to growth, achieving 2.12% year-on-year growth in 2023, ending at 151.5 million euros. The Compound Annual Growth Rate (CAGR) for the last five years ending in 2023 stands at 2.57%.
Looking ahead, the forecast from 2024 to 2028 suggests moderate, sustained growth, with a forecasted 5-year CAGR of 1.64% and an overall growth rate of 8.46%. Future trends to watch for include potential impacts of geopolitical shifts, regulatory changes, technological advancements in heating systems, and fluctuations in raw material costs. These factors will likely influence production capacities and market dynamics.
