Updated Feb 22, 2023 04:43

Flat Glass Market in Poland

Market Overview
The Polish flat glass market skyrocketed to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a modest increase. Over the period under review, the market hit record highs at $ in ; however, from to , consumption failed to regain momentum.

In value terms, flat glass production surged to $ in estimated in export price. Over the period under review, production continues to indicate a pronounced increase. The growth pace was the most rapid in 2016 with an increase of %. Flat glass production peaked at $ in ; however, from to , production remained at a lower figure.


Consumption
In , the amount of flat glass consumed in Poland rose modestly to square meters, picking up by % on the previous year. Overall, consumption showed a noticeable increase. Over the period under review, consumption hit record highs at square meters in ; however, from to , consumption failed to regain momentum.

The size of the flat glass market in Poland skyrocketed to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed slight growth. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption stood at a somewhat lower figure.


Market Forecast
Driven by increasing demand for flat glass in Poland, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to square meters by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Poland domestic supply is expected to continue its growth. Flat glass market in Poland consists almost entirely of imported products.


Trade Balance
Poland remains a net exporter of flat glass; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of square meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.