Raport Confidence Index 2024_english veriosn

LOGISTICS AND SUPPLY CHAIN CONFIDENCE INDEX 2024

9

2.2 How Confident is the Logistics

and Supply Chain Sector in Poland?

70

Figure 4. Confidence Index in time series

65

60.7

60

57.4

55

52.2

50

49.0

48.8

46.4

45

44.8

40

35

2017/18

2018/19

2019/20

2021

2022

2023

2024

Overall Confidence

Manufacturers and Retailers Confidence

Logistics Operators Confidence

This year’s survey reports a higher result than in the last four editions of the research. An increase in confidence amongst logistics and supply chain professionals across Poland is noted. It is also the first time since 2018/2019 edition when the confidence is above 50.0, indicating optimism across the sector. The 2024 index is also the first time when the logistics operators’ and manufacturers and retailers’ confidence is so closely aligned, but for the second consecutive time, a higher result was observed in the manufacturers and retailers’ group of respondents. However, in 2024, in contrast to 2023, the divergence is minimal.

Following the challenging economic conditions which were prevailing in 2022 and 2023, the pressure appears to be easinge off in 2024. Inflation levels in Poland are significantly lower than in the last two years, whilst GDP results for the first quarter in 2024 and the forecast for the rest of the year are also positive. After a difficult period, logistics providers, in particular, are cautiously optimistic about the year ahead, despite many market challenges, including increases in labour costs and adverse currency movements, which have not helped competitiveness and, of course, the geopolitical uncertainty that remains.