Forecast: Precious Metals and Non-Ferrous Metals Manufacturing Production Value in Poland

The production value of Precious Metals and Non-Ferrous Metals Manufacturing in Poland showed significant fluctuations over the past decade. From 2013 to 2023, the sector experienced overall growth but also periods of contraction, especially in 2020 with a notable decrease of -10.82%. By 2023, the production value stood at 3.51 billion Euros, marking an increase of 6.72% from the previous year. The recent 5-year CAGR up to 2023 is 3.16%, indicating moderate growth.

Projections from 2024 onward suggest a steady increase, with a forecasted production value reaching 4.23 billion Euros by 2028. The 5-year forecasted CAGR is 2.95%, signaling more stable but slower growth compared to previous years.

  • 2013: -1.4% YoY, 3.5% CAGR
  • 2014: 11.74% YoY, 15.62% CAGR
  • 2015: 13.38% YoY, 9.78% CAGR
  • 2016: 2.02% YoY, 4.71% CAGR
  • 2017: 17.22% YoY, 8.36% CAGR
  • 2018: 2.46% YoY, 9.19% CAGR
  • 2019: 1.08% YoY, 7.03% CAGR
  • 2020: -10.82% YoY, 2.01% CAGR
  • 2021: 12.17% YoY, 3.96% CAGR
  • 2022: 8.26% YoY, 2.32% CAGR
  • 2023: 6.72% YoY, 3.16% CAGR
  • 2028 (forecasted): 15.67% total growth, 2.95% 5-year CAGR

Future trends to watch for include advancements in metal recycling technologies, increased demand for sustainable manufacturing practices, and potential impacts from global trade policies. Monitoring these trends will be crucial in anticipating both opportunities and challenges in the sector.