The duties are still terrible. Half of Polish companies are afraid of their negative impact

58 percent The surveyed Polish companies expect the negative effects of the trade war – according to the survey of the Allianz Trade. This is more than in other European countries, where 47 percent have such fears. enterprises.

On Tuesday, Allianz Trade published the results of mood testing among companies from nine countries.

“Nearly 60 percent of companies expect a negative impact of the trade war, and 45 percent expect a decrease in export turnover. This impact goes beyond commercial volumes: more than one in four companies is considering temporary suspension of production due to the combination of customs duties and currency variability, especially in sectors depending on imported intermediate goods,” said in the study report.

The report also mentions Polish companies. Although the share of direct trade from the USA in Polish trade is small, Polish companies do not remain calm. “The level of fears in Poland is the highest compared to other European economies, which were included in our study! As many as 58 percent of surveyed Polish companies expect the negative effects of the trade war, compared to 47 % expressing respectively, expressing such fears in other European countries from our study. As a result, 51 percent of Polish companies surveyed on the level of these events in comparison with 41 Proc

Sławomir Bąk, a member of the board of Allianz Trade in Poland, informed in the report, the fears of Polish companies are caused by uncertainty as to their negotiating position. Bąk pointed out that Polish companies sell elements, components, unmarked goods, i.e. easier to replace than high -stem goods, offered under their own, known brand.

“The awareness of the end of the previous advantages in the form of relatively low production costs, which is important in the era of searching for savings for new, higher duties, is another important reason for caution. The exhibition of Polish companies to trade with the USA may seem to be more important than the awareness of deficiencies in the negotiating position of Polish companies (compared to companies from highly developed countries) explains the fears of Polish companies – they are An exaggerated approach to the effects of the customs war, “said Sławomir Bąk.

Allianz Trade estimates that global export losses will reach $ 305 billion. in 2025. The data cited in the report shows that 42 percent companies are currently expecting a decrease in export turnover between -2 percent. A -10 percent, while before the April increase in American prices of decrease in turnover, 5 percent expected.

The authors of the report indicated that companies do not plan to absorb increased costs related to customs or reduce export prices to maintain participation in the markets. In the US, 54 percent Companies are planning to raise their prices, while Polish companies are rather trying to avoid increasing the prices of their products.

“Polish exporters try to avoid the impact of the trade war on the prices of their products (increasing prices include 25 % of surveyed Polish companies, i.e. about 7 % less than entrepreneurs from other surveyed European countries), and 64 percent of them declare the maintenance of existing prices,” said Allianz. He added that instead of raising prices, they intend to look for new, cheaper sources of supply (45 percent of respondents from Poland – with an average of 31 % for all countries) and new, more prospective markets – 30 percent. surveyed Polish companies at an average survey of 24 percent

Allianz Trade analysts indicate that the trade war will negatively affect payment dates. Almost half of the exporters (48 percent) expect an increased risk of payment – especially in the United States, Italy and Great Britain; 11 percent export companies still receive payments within 30 days, and 70 percent He receives payments within 30 to 70 days.

“The speed of circulation of receivables of Polish exporters has improved in relation to previous research – the largest part, as many as 43 percent of the surveyed Polish companies (most among other surveyed countries) declares receiving receivables within 30 and 50 days, while in the last year last year 32 percent of Polish surveyed Polish companies declared receiving export receivables after 70 days and now percent – just like in other countries) ” – stated.

The study was conducted among 4,500 companies from China, France, Germany, Italy, Poland, Singapore, Spain, Great Britain and the United States in two rounds – before and after the US announced new duties, which took place on April 2. (PAP)

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