Poland: Basic Dye Market 2024

Basic Dye Market Size in Poland

In 2021, the Polish basic dye market decreased by -28.5% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption recorded a perceptible descent. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Basic Dye Production in Poland

In value terms, basic dye production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume decreased by -4.2% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Basic Dye Exports

Exports from Poland

In 2021, exports of basic dyes and preparations based thereon from Poland declined notably to X tons, which is down by -32.5% against the year before. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 117% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, basic dye exports dropped rapidly to $X in 2021. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2015 with an increase of 121% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Ukraine (X tons) and Kazakhstan (X tons) were the main destinations of basic dye exports from Poland, with a combined 85% share of total exports. These countries were followed by Belarus, Sweden, Uzbekistan, Germany and Latvia, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +89.7%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Russia ($X) and Kazakhstan ($X) appeared to be the largest markets for basic dye exported from Poland worldwide, with a combined 79% share of total exports. Belarus, Sweden, Germany, Uzbekistan and Latvia lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Sweden, with a CAGR of +111.3%, saw the highest rates of growth with regard to 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 2021, the average basic dye export price amounted to $X per ton, growing by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Uzbekistan ($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 Latvia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Basic Dye Imports

Imports into Poland

In 2021, the amount of basic dyes and preparations based thereon imported into Poland contracted significantly to X tons, dropping by -35% on the previous year. In general, total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% 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 -38.3% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 50% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, basic dye imports declined rapidly to $X in 2021. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -34.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 53% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), India (X tons) and the United States (X tons) were the main suppliers of basic dye imports to Poland, with a combined 79% share of total imports. These countries were followed by Germany, Belgium, the Netherlands, Austria and China, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +122.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest basic dye suppliers to Poland were Italy ($X), India ($X) and Germany ($X), with a combined 71% share of total imports. Austria, the United States, the Netherlands, China and Belgium lagged somewhat behind, together comprising a further 26%.

Austria, with a CAGR of +106.9%, saw the highest growth rate of the value of imports, in terms of 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 basic dye import price amounted to $X per ton, rising by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2016 an increase of 41% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Belgium ($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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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