Forecast: Production in Wholesale of Metals and Metal Ores Sector in Poland

From 2013 to 2023, the production in the wholesale of metals and metal ores sector in Poland exhibited significant fluctuations, with values ranging from a low of 5.49 billion Zloty in 2020 to a high of 8.5 billion Zloty in 2014. In 2023, the value stood at 7.3 billion Zloty, reflecting an 8.12% year-on-year increase, while the average annual growth rate (CAGR) over the last five years was 4.21%.

Key trends over the past decade include:

- A peak in 2014 followed by a notable drop in 2015.

- Moderate recovery periods in subsequent years with a significant drop in 2020.

- Steady growth resumed in 2021 onwards with projections maintaining a stable uptrend.

Future projections indicate a gradual improvement, with a 5-year CAGR expected to be 0.44% and a forecasted growth rate of 2.23% by 2028. Stakeholders should keep an eye on potential impacts from global economic shifts, advancements in metal recycling technologies, and policy changes affecting the metal industry.

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