Poland: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Poland

In 2022, the Polish benzoyl peroxide and chloride market increased by 73% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a measured expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Benzoyl Peroxide And Benzoyl Chloride in Poland

In value terms, benzoyl peroxide and chloride production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume decreased by 99.9% against the previous year. Benzoyl peroxide and chloride production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Poland

In 2022, after five years of growth, there was significant decline in overseas shipments of benzoyl peroxide and benzoyl chloride, when their volume decreased by -8.2% to X tons. Over the period under review, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.9% against 2016 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 30%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, benzoyl peroxide and chloride exports expanded notably to $X in 2022. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main destinations of benzoyl peroxide and chloride exports from Poland, with a combined 69% share of total exports. Egypt, Austria, the Czech Republic, Iran, the UK, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +48.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the largest markets for benzoyl peroxide and chloride exported from Poland worldwide, with a combined 68% share of total exports. Egypt, Austria, the UK, the Czech Republic, Iran, Belgium and the Netherlands lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, Austria, with a CAGR of +39.5%, saw 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 2022, the average benzoyl peroxide and chloride export price amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Poland

In 2022, after five years of growth, there was decline in purchases abroad of benzoyl peroxide and benzoyl chloride, when their volume decreased by -4.4% to X tons. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2016 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted modestly in the following year.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. Over the period under review, imports, however, saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and China (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Poland, together comprising 91% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +43.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) constituted the largest benzoyl peroxide and chloride suppliers to Poland, together comprising 86% of total imports.

Among the main suppliers, Belgium, with a CAGR of +41.5%, saw 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 benzoyl peroxide and chloride import price stood at $X per ton in 2022, growing by 51% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzoyl peroxide and chloride import price increased by +71.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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