Poland: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Poland

In 2021, after two years of decline, there was significant growth in the Polish acid and mordant dye market, when its value increased by 10% to $X. Over the period under review, consumption showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Poland

In value terms, acid and mordant dye production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 5.4%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Poland

In 2021, shipments abroad of acid and mordant dyes and preparations based thereon decreased by -21.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. As a result, the exports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, acid and mordant dye exports contracted dramatically to $X in 2021. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 191% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Serbia (X tons) was the main destination for acid and mordant dye exports from Poland, accounting for a 49% share of total exports. Moreover, acid and mordant dye exports to Serbia exceeded the volume sent to the second major destination, Russia (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to Serbia totaled +142.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+13.2% per year) and Ukraine (+10.6% per year).

In value terms, Serbia ($X) remains the key foreign market for acid and mordant dyes and preparations based thereon exports from Poland, comprising 48% of total exports. The second position in the ranking was taken by Russia ($X), with a 22% share of total exports. It was followed by Ukraine, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Serbia stood at +132.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+21.1% per year) and Ukraine (+12.2% per year).

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, falling by -15.6% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye export price increased by +46.0% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, among the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Denmark ($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 Uzbekistan (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Poland

For the third consecutive year, Poland recorded decline in purchases abroad of acid and mordant dyes and preparations based thereon, which decreased by -7.7% to X tons in 2021. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, acid and mordant dye imports expanded markedly to $X in 2021. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 65%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of acid and mordant dye imports to Poland, with a combined 78% share of total imports. These countries were followed by Spain, France, Slovenia and the UK, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +42.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye suppliers to Poland were Italy ($X), Germany ($X) and India ($X), with a combined 73% share of total imports. Spain, France, the UK and Slovenia lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Slovenia, with a CAGR of +32.3%, recorded the highest growth rate of the value of imports, 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 acid and mordant dye import price amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, the import price saw strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: among the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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