The manufacture of electronic components and boards sector in Poland showed varied performance from 2013 to 2023. The production value increased from 7.39 billion Zloty in 2013 to 10.49 billion Zloty in 2023. Significant year-on-year fluctuations were observed, with notable growth in 2014 and 2017, and contractions in 2015, 2020, and 2021. For the years 2022 and 2023, the year-on-year variations were moderate at 1.39% and 1.36% respectively. The five-year CAGR from 2018 to 2023 was -0.72%, indicating a slight decline in growth, though the overall trend reflects recovery in the latter years.
Looking ahead, the forecast for production suggests a steady increase, with the value expected to reach 11.17 billion Zloty by 2028. The forecasted five-year CAGR is 1%, and the anticipated five-year growth rate is 5.11%. This indicates a slow but positive growth trend for the sector in the coming years.
Future trends to watch for include:
- Technological advancements in electronics manufacturing which could drive efficiency and output.
- Potential economic and policy changes in Poland and the EU impacting manufacturing sectors.
- Global supply chain dynamics, especially concerning raw materials and component availability.
- Market demand for new and emerging electronic products and innovations.
