Poland: Abrasives Market 2024

Abrasives Market Size in Poland

In 2021, the Polish abrasives market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.4% against 2018 indices. Abrasives consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Abrasives Production in Poland

In value terms, abrasives production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 23%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Abrasives Exports

Exports from Poland

For the fourth consecutive year, Poland recorded growth in shipments abroad of abrasives (natural), which increased by 70% to X tons in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 146% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, abrasives exports surged to $X in 2021. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 137%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for abrasives exports from Poland, accounting for a 34% share of total exports. Moreover, abrasives exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by the Czech Republic (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +23.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+41.4% per year) and the Czech Republic (+45.8% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for abrasives (natural) exports from Poland, comprising 32% of total exports. The second position in the ranking was held by Russia ($X), with a 13% share of total exports. It was followed by Germany, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic amounted to +23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+19.7% per year) and Germany (+31.9% per year).

Export Prices by Country

In 2021, the average abrasives export price amounted to $X per ton, which is down by -14% against the previous year. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+2.9%), while the prices for the other major destinations experienced a decline.

Abrasives Imports

Imports into Poland

In 2021, approx. X tons of abrasives (natural) were imported into Poland; picking up by 13% on the year before. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, abrasives imports rose slightly to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.1% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 44%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of abrasives to Poland, accounting for a 61% share of total imports. Moreover, abrasives imports from Ukraine exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by South Africa (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Ukraine stood at +66.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+52.8% per year) and South Africa (+237.2% per year).

In value terms, the largest abrasives suppliers to Poland were China ($X), Ukraine ($X) and South Africa ($X), with a combined 75% share of total imports.

South Africa, with a CAGR of +251.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average abrasives import price amounted to $X per ton, which is down by -10% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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