Poland: Optical Radiation Instruments Market 2024

Optical Radiation Instruments Market Size in Poland

In 2022, the Polish optical radiation instruments market increased by 47% to $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Optical Radiation Instruments Production in Poland

In value terms, optical radiation instruments production fell modestly to $X in 2022 estimated in export price. Overall, production showed a mild downturn. The pace of growth was the most pronounced in 2017 with an increase of 60% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Optical Radiation Instruments Exports

Exports from Poland

In 2022, overseas shipments of instruments using optical radiations decreased by -30.9% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by 51%. Over the period under review, the exports attained the peak figure at X units in 2021, and then fell markedly in the following year.

In value terms, optical radiation instruments exports fell to $X in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Canada (X units) was the main destination for optical radiation instruments exports from Poland, accounting for a 24% share of total exports. Moreover, optical radiation instruments exports to Canada exceeded the volume sent to the second major destination, the United States (X units), threefold. Germany (X units) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at +153.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.9% per year) and Germany (+36.3% per year).

In value terms, Canada ($X), Germany ($X) and the United States ($X) constituted the largest markets for optical radiation instruments exported from Poland worldwide, together comprising 37% of total exports.

Canada, with a CAGR of +143.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average optical radiation instruments export price stood at $X per unit in 2022, jumping by 27% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 29%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports

Imports into Poland

In 2022, approx. X units of instruments using optical radiations were imported into Poland; growing by 19% compared with 2021 figures. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.7% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, optical radiation instruments imports surged to $X in 2022. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Denmark (X units) and Japan (X units) were the main suppliers of optical radiation instruments imports to Poland, together accounting for 70% of total imports. The United States, Germany, the Czech Republic, Switzerland and the UK lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +75.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of instruments using optical radiations to Poland, comprising 43% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Denmark, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.6% per year) and Denmark (+20.9% per year).

Import Prices by Country

In 2022, the average optical radiation instruments import price amounted to $X per unit, with an increase of 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2016 an increase of 14%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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