Forecast: Import of Electrical Signalling and Traffic Control Equipment to Poland

Based on the provided data, the import of electrical signaling and traffic control equipment to Poland experienced significant fluctuations over the past decade. From 2013 to 2017, there was a consistent decline, culminating in a sharp drop in 2016. However, 2018 saw a notable recovery with a 50.59% year-on-year increase. The market faced another decline in 2019 and a significant drop in 2020, but rebounded sharply in 2021. From 2022 onwards, imports stabilized with moderate growth, reaching $41.354 million in 2023. The forecasted period shows a steady year-on-year increase, with a 1.36% CAGR expected through 2028, and a total growth rate of 7.01% over the next five years.

Future trends to watch for include technological advancements in traffic control systems, potential changes in regulatory frameworks, and infrastructure development projects in Poland, which could drive higher import volumes and values.

Top Countries about Road Safety