Binoculars market in Poland

Earlier Report Observations

The binoculars market in Poland demonstrated overall growth between 2018 and 2024, with its total value rising from 26 million dollars to 36 million dollars. A major surge of 20% occurred in 2019, lifting the market to 31 million dollars.

Following a period of stabilization in 2020 at 32 million dollars, the market experienced a 9% contraction in 2021, falling to 29 million dollars. This was swiftly reversed by a robust 24% expansion in 2022, which brought the market to its peak of 36 million dollars, a level maintained in 2024.

Domestic production contributed to this trend, increasing from 18 million dollars in 2018 to 28 million dollars in 2024, while import and export values fluctuated throughout the period.

Production binoculars in Poland

In value, 2017-2020, K $ US

Poland's binoculars production value increased for the second consecutive year. In 2020, output was valued at 30 204 K $ US, marking a 29.4% rise compared to 2019. Over the 2017-2020 period, production decreased by 21.7%, with a compound annual growth rate of 7.8%. The lowest value was recorded in 2018 at 17 821 K $ US, which also saw the largest decline of 53.8%. The largest increase occurred in 2019, with a 31.0% growth.

Annual dynamics of production in Poland in value, 2017-2020, K $ US

In kind, 2017-2020, unit

Poland's binoculars production volume increased for the second consecutive year. In 2020, 1 880 units were produced, representing a 9.5% increase over the previous year. Between 2017 and 2020, production decreased by 25.7%, equating to an annualized rate of 9.4%. The lowest volume was recorded in 2018 at 1 303 units, which also experienced the largest decline of 48.5%. The largest increase occurred in 2019, with a 31.8% rise.

Annual dynamics of production in Poland in kind, 2017-2020, unit

Exports binoculars from Poland

Exports in kind, K unit

Poland's binoculars export volume increased for the third consecutive year. In 2020, Poland exported 160.2 K units, indicating a strong 24.9% increase from 2019. Over the 2017-2020 period, exports grew by 147%, with a compound annual growth rate of 35.2%.

Annual dynamics of product's exports from Poland in kind, 2017-2020, K unit

From 2017 to 2020, Poland's binoculars exports in kind were not heavily concentrated. Germany accounted for 23.8% of exports, Italy for 12.3%, and the United Kingdom for 6.7%, together capturing 42.9% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Poland in kind, 2017-2020

Exports in value, K $ US

The market showed signs of volatility over the observed period. The lowest export value was recorded in 2018 at 1 582 K $ US, while the peak occurred in 2020 at 9 329 K $ US, representing a 5.9-fold difference. In 2020, Poland's binoculars export value stood at 9 329 K $ US, constituting a 114.4% advance compared to 2019. The largest decline was recorded in 2018 at 5.4%, while the largest increase occurred in 2019 with a 175.0% rise.

Annual dynamics of product's exports from Poland in value, 2017-2020, K $ US

From 2017 to 2020, Germany was the main market for Poland's binoculars exports in value terms, accounting for 42.4% of exports. Spain followed with 9.0%, and the United Kingdom with 5.4%, together representing 56.9% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Poland in value, 2017-2020

Imports binoculars to Poland

Imports in kind, K unit

In 2020, Poland's binoculars import volume reached 303.8 K units, indicating a 3.5% year-over-year rise. Between 2017 and 2020, imports decreased by 8.7%, equating to an annualized rate of 3.0%. The lowest volume was recorded in 2019 at 293.5 K units, which also saw the largest decline of 46.3%. The highest volume occurred in 2018 at 546.2 K units, marking the largest increase of 64.2%.

Annual dynamics of product's imports to Poland in kind, 2017-2020, K unit

From 2017 to 2020, Poland's binoculars imports in kind were strongly focused on China, which accounted for 82.0% of total flows, with other partners making up the remainder.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Poland in kind, 2017-2020

Imports in value, K $ US

In 2020, Poland's binoculars import value amounted to 11 119 K $ US, reflecting a 9.4% decline compared to 2019. Over the 2017-2020 period, imports decreased by 6%, with a compound annual growth rate of 2.1%. The lowest value was recorded in 2018 at 9 815 K $ US, which also experienced the largest decline of 17.1%. The highest value occurred in 2019 at 12 277 K $ US, marking the largest increase of 25.1%.

Annual dynamics of product's imports to Poland in value, 2017-2020, K $ US

From 2017 to 2020, China was a key market for Poland's binoculars imports in value terms, accounting for 31.0% of imports. Germany followed with 27.9%, and France with 15.7%, together representing 74.7% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Poland in value, 2017-2020