Poland: Wood Barrel Market 2024

Wood Barrel Market Size in Poland

The Polish wood barrel market soared to $X in 2022, surging by 31% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Wood Barrel Production in Poland

In value terms, wood barrel production totaled $X in 2022 estimated in export price. Overall, production showed slight growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 40%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Wood Barrel Exports

Exports from Poland

In 2022, overseas shipments of casks, barrels, vats, tubs, and coopers products of wood decreased by -53.1% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 689% against the previous year. The exports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, wood barrel exports contracted sharply to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 356%. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Germany (X units) was the main destination for wood barrel exports from Poland, accounting for a 96% share of total exports. It was followed by Switzerland (X units), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +119.7%.

In value terms, Germany ($X) remains the key foreign market for casks, barrels, vats, tubs, and coopers products of wood exports from Poland, comprising 85% of total exports. The second position in the ranking was held by Switzerland ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +130.6%.

Export Prices by Country

The average wood barrel export price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the export price recorded a abrupt descent. The growth pace was the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Germany stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Barrel Imports

Imports into Poland

In 2022, the amount of casks, barrels, vats, tubs, and coopers products of wood imported into Poland dropped sharply to X units, waning by -15.3% compared with the previous year's figure. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 436%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood barrel imports surged to $X in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 364% against the previous year. Over the period under review, imports hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

Ukraine (X units), the United States (X units) and the UK (X units) were the main suppliers of wood barrel imports to Poland, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +157.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood barrel suppliers to Poland were Ukraine ($X), the United States ($X) and the UK ($X), together accounting for 91% of total imports.

Ukraine, with a CAGR of +138.7%, recorded the highest rates of growth with regard to 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

The average wood barrel import price stood at $X per unit in 2022, growing by 40% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood barrel import price decreased by -12.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 77%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :