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Poland - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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Poland: Hearing Aid Market Overview 2021

Hearing Aid Market Size in Poland

In 2020, the Polish hearing aid market decreased by -X% to $X, falling for the third year in a row after three years of growth. Overall, consumption saw a slight curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Hearing aid consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Hearing Aid Production in Poland

In value terms, hearing aid production contracted remarkably to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Hearing aid production peaked at $X in 2019, and then contracted sharply in the following year.

Hearing Aid Exports

Exports from Poland

In 2020, after three years of growth, there was significant decline in overseas shipments of hearing aids (excl. parts and accessories), when their volume decreased by -X% to X units. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X units in 2019, and then declined remarkably in the following year.

In value terms, hearing aid exports shrank to $X in 2020. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2019, and then declined in the following year.

Exports by Country

Germany (X units) was the main destination for hearing aid exports from Poland, accounting for a X% share of total exports. Moreover, hearing aid exports to Germany exceeded the volume sent to the second major destination, the UK (X units), threefold. The third position in this ranking was occupied by the U.S. (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and the U.S. (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for hearing aid exports from Poland, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and France (+X% per year).

Export Prices by Country

In 2020, the average hearing aid export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Hearing Aid Imports

Imports into Poland

In 2020, imports of hearing aids (excl. parts and accessories) into Poland totaled X units, approximately equating 2019. In general, imports saw a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, hearing aid imports shrank to $X in 2020. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then fell in the following year.

Imports by Country

In 2020, Singapore (X units) constituted the largest hearing aid supplier to Poland, accounting for a X% share of total imports. Moreover, hearing aid imports from Singapore exceeded the figures recorded by the second-largest supplier, the Philippines (X units), sevenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Singapore amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and China (+X% per year).

In value terms, Singapore ($X) constituted the largest supplier of hearing aid to Poland, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Singapore stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Australia (+X% per year).

Import Prices by Country

The average hearing aid import price stood at $X per unit in 2020, declining by -X% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hearing aids (excl. parts and accessories) in the world?
+
The countries with the highest volumes of hearing aid consumption in 2020 were China (30M units), the U.S. (18M units) and Canada (5.4M units), together accounting for 51% of global consumption.
What are the largest producers of hearing aids (excl. parts and accessories) in the world?
+
China (36M units) remains the largest hearing aid producing country worldwide, comprising approx. 38% of total volume. Moreover, hearing aid production in China exceeded the figures recorded by the second-largest producer, the U.S. (9.4M units), fourfold. Mexico (5.4M units) ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of hearing aids (excl. parts and accessories) to Poland?
+
In value terms, Singapore ($128M) constituted the largest supplier of hearing aid to Poland, comprising 65% of total imports. The second position in the ranking was occupied by China ($13M), with a 6.7% share of total imports. It was followed by Australia, with a 6.1% share.
What are the leading importers of hearing aids (excl. parts and accessories) from Poland?
+
In value terms, the U.S. ($328M) remains the key foreign market for hearing aid exports from Poland, comprising 39% of total exports. The second position in the ranking was occupied by Germany ($125M), with a 15% share of total exports. It was followed by France, with a 14% share.
What is the average export price for hearing aids (excl. parts and accessories) in Poland?
+
In 2020, the average hearing aid export price amounted to $211 per unit, picking up by 32% against the previous year.
What is the average import price for hearing aids (excl. parts and accessories) in Poland?
+
In 2020, the average hearing aid import price amounted to $72 per unit, declining by -9.5% against the previous year.

Product coverage:
• Prodcom 26601433 - Appliances for overcoming deafness (excluding parts and accessories)

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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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