Poland: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in Poland

In 2021, the Polish ophthalmic instruments market decreased by -21.9% to $X, falling for the third consecutive year after five years of growth. Overall, consumption recorded a mild reduction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Ophthalmic Instruments Production in Poland

In value terms, ophthalmic instruments production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt decline. Ophthalmic instruments production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ophthalmic Instruments Exports

Exports from Poland

In 2021, the amount of ophthalmic instruments and appliances exported from Poland soared to X tons, jumping by 103% against the year before. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ophthalmic instruments exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 78%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Russia (X tons) and the UK (X tons) were the main destinations of ophthalmic instruments exports from Poland, together comprising 45% of total exports. The United States, Australia, Italy, Ukraine, India, Morocco, Argentina, the Netherlands and Japan lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +145.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ophthalmic instruments exported from Poland were Germany ($X), Russia ($X) and the UK ($X), together comprising 36% of total exports. The United States, Australia, Italy, India, Ukraine, Morocco, Argentina, the Netherlands and Japan lagged somewhat behind, together comprising a further 31%.

In terms of the main countries of destination, Morocco, with a CAGR of +131.1%, saw the highest rates of growth with regard to 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

The average ophthalmic instruments export price stood at $X per ton in 2021, with a decrease of -37.9% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 25% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ophthalmic Instruments Imports

Imports into Poland

In 2021, purchases abroad of ophthalmic instruments and appliances decreased by -14.8% to X tons, falling for the second year in a row after three years of growth. Overall, total imports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.7% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 16%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, ophthalmic instruments imports totaled $X in 2021. In general, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.3% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 26% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of ophthalmic instruments to Poland, accounting for a 59% share of total imports. Moreover, ophthalmic instruments imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+11.6% per year) and Germany (+7.9% per year).

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) were the largest ophthalmic instruments suppliers to Poland, together comprising 63% of total imports.

The Netherlands, with a CAGR of +19.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ophthalmic instruments import price stood at $X per ton in 2021, jumping by 31% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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