Poland: Alcohols Market 2021

Alcohols Market Size in Poland

The Polish alcohols market skyrocketed to $X in 2020, rising by X% against the previous year. Over the period under review, consumption showed notable growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Alcohols Production in Poland

In value terms, alcohols production surged to $X in 2020 estimated in export prices. Over the period under review, production recorded significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Alcohols Exports

Exports from Poland

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2019, and then fell in the following year.

In value terms, alcohols exports declined markedly to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then declined significantly in the following year.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Turkey (X tons) were the main destinations of alcohols exports from Poland, together comprising X% of total exports. Austria, Slovakia, Ukraine, Italy and France lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Austria, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Turkey ($X) appeared to be the largest markets for alcohols exported from Poland worldwide, with a combined X% share of total exports. These countries were followed by Austria, Italy, France, Ukraine and Slovakia, which together accounted for a further X the main countries of destination, Austria recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, dropping by -X% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into Poland

In 2020, approx. X tons of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives were imported into Poland; picking up by X% against the year before. Overall, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, alcohols imports contracted to $X in 2020. In general, imports recorded a measured expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Russia (X tons) constituted the largest alcohols supplier to Poland, accounting for a X% share of total imports. Moreover, alcohols imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was occupied by Finland (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Finland (+X% per year).

In value terms, the largest alcohols suppliers to Poland were Russia ($X), Germany ($X) and Belgium ($X), together comprising X% of total imports. The Netherlands, Finland, Norway and Belarus lagged somewhat behind, together accounting for a further X the main suppliers, Finland (+X% per year) 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

The average alcohols import price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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