Poland: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Poland

The Polish cyanides and cyanide oxides market surged to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a noticeable increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Poland

In 2022, cyanides and cyanide oxides exports from Poland fell significantly to X tons, shrinking by X% against the year before. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, cyanides and cyanide oxides exports dropped markedly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for cyanides and cyanide oxides exports from Poland, with a X% share of total exports. Moreover, cyanides and cyanide oxides exports to Bulgaria exceeded the volume sent to the second major destination, Estonia (X kg), twofold. The third position in this ranking was taken by Lithuania (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Lithuania (X% per year).

In value terms, Estonia ($X), the Czech Republic ($X) and Bulgaria ($X) were the largest markets for cyanides and cyanide oxides exported from Poland worldwide, together comprising X% of total exports. Slovenia, Serbia, Lithuania and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Lithuania, with a CAGR of X%, recorded 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 2022, the average cyanides and cyanide oxides export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Bulgaria ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Poland

In 2022, approx. X tons of cyanides, cyanide oxides and complex cyanides were imported into Poland; rising by X% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides imports soared to $X in 2022. In general, imports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cyanides and cyanide oxides to Poland, with a X% share of total imports. Moreover, cyanides and cyanide oxides imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Germany (X% per year).

In value terms, the largest cyanides and cyanide oxides suppliers to Poland were China ($X), the Czech Republic ($X) and Germany ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average cyanides and cyanide oxides import price amounted to $X per ton, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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