Poland - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoland's August 2023 Hearing Aid Exports Inch Up to $164M
Poland Hearing Aid Exports
In August 2023, exports of hearing aids (excl. parts and accessories) from Poland rose markedly to 582K units, picking up by 15% against July 2023. Over the period under review, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in May 2023 when exports increased by 61% m-o-m. Over the period under review, the exports reached the maximum at 1.5M units in August 2022; however, from September 2022 to August 2023, the exports failed to regain momentum.
In value terms, hearing aid exports stood at $164M (IndexBox estimates) in August 2023. In general, total exports indicated pronounced growth from August 2022 to August 2023: its value increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, exports increased by +29.2% against April 2023 indices. The most prominent rate of growth was recorded in February 2023 with an increase of 59% against the previous month. The exports peaked at 211M units in March 2023; however, from April 2023 to August 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Hearing Aid in Poland (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| Germany | 12.7 | 11.9 | 14.3 | 15.1 | 9.3 | 12.5 | 19.7 | 21.2 | 8.6 | 14.7 | 14.5 | 14.7 | 16.1 |
| France | 8.2 | 15.0 | 14.9 | 18.4 | 14.9 | 16.7 | 19.0 | 22.0 | 7.2 | 14.4 | 17.8 | 16.1 | 10.7 |
| United Kingdom | 5.1 | 5.0 | 4.5 | 5.8 | 5.2 | 3.9 | 7.4 | 7.1 | 5.1 | 5.7 | 6.0 | 6.5 | 7.4 |
| Spain | 1.9 | 2.6 | 3.7 | 3.1 | 2.8 | 3.1 | 5.1 | 3.7 | 1.8 | 3.3 | 4.3 | 3.2 | 2.8 |
| Netherlands | 2.5 | 2.8 | 4.2 | 5.2 | 4.5 | 2.9 | 4.9 | 4.1 | 2.5 | 3.0 | 3.3 | 3.5 | 2.7 |
| Denmark | 1.4 | 1.2 | 1.3 | 1.7 | 1.1 | 1.2 | 1.6 | 1.8 | 0.9 | 1.3 | 3.7 | 1.5 | 2.0 |
| Sweden | 0.9 | 1.1 | 1.1 | 1.2 | 1.3 | 1.1 | 1.2 | 1.6 | 0.8 | 1.6 | 1.3 | 0.9 | 1.0 |
| Others | 79.2 | 104 | 82.3 | 104 | 98.6 | 63.1 | 107 | 150 | 99.8 | 146 | 108 | 115 | 121 |
| Total | 112 | 144 | 126 | 155 | 138 | 104 | 166 | 211 | 127 | 190 | 159 | 162 | 164 |
Exports by Country
Germany (193K units), France (129K units) and Sweden (40K units) were the main destinations of hearing aid exports from Poland, with a combined 62% share of total exports.
From August 2022 to August 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +2.3%), while the other leaders experienced mixed trend patterns.
In value terms, Germany ($16M), France ($11M) and the UK ($7.4M) were the largest markets for hearing aid exported from Poland worldwide, with a combined 21% share of total exports. Spain, the Netherlands, Denmark and Sweden lagged somewhat behind, together comprising a further 5.2%.
In terms of the main countries of destination, Denmark, with a CAGR of +3.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In August 2023, the hearing aid price amounted to $282 per unit (FOB, Poland), declining by -11.8% against the previous month. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in September 2022 an increase of 140% against the previous month. The export price peaked at $319 per unit in July 2023, and then fell in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Portugal ($933 per unit), while the average price for exports to Sweden ($25.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the hearing aid market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
