The sold production of parts of fluid power equipment in Poland has shown variability over the years. From 2013 to 2023, the value fluctuated with notable peaks and troughs. The highest actual value reached was in 2023 at 36.205 million euros. Initially, the highest annual growth was observed in 2015 with a year-on-year increase of 34.93%, while 2020 experienced a significant decline of 18.1%. The Compound Annual Growth Rate (CAGR) over the last 5 years leading up to 2023 stands at 6.26%, indicating a steady upward trend.
Looking ahead from 2024 to 2028, the forecasted values show a continuous rise, reaching 42.382 million euros by 2028. The expected CAGR for this period is 2.48%, equivalent to a growth rate of 13.01% over the five years.
Future trends to watch for include technological advancements in fluid power equipment, impacts of economic conditions on industrial demand, and potential shifts in global supply chain dynamics, especially considering the push towards sustainability and green technologies.
