Poland: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Poland

In 2021, the Polish cyclanes, cyclenes and cycloterpenes market increased by 12% to $X, rising for the fifth consecutive year after four years of decline. Overall, consumption, however, saw a slight expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Poland

In value terms, cyclanes, cyclenes and cycloterpenes production fell notably to $X in 2021 estimated in export price. In general, production saw a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 186%. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Poland

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were exported from Poland; growing by 19% against 2020 figures. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 147%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, cyclanes, cyclenes and cycloterpenes exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from Poland, accounting for a 41% share of total exports. Moreover, cyclanes, cyclenes and cycloterpenes exports to Belarus exceeded the volume sent to the second major destination, Italy (X tons), twofold. Serbia (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus amounted to +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Serbia (+0.9% per year).

In value terms, Belarus ($X) remains the key foreign market for cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports from Poland, comprising 44% of total exports. The second position in the ranking was held by Italy ($X), with a 19% share of total exports. It was followed by Turkey, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to Belarus totaled +60.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Turkey (0.0% per year).

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, growing by 94% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Germany ($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 Serbia (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Poland

For the third consecutive year, Poland recorded growth in purchases abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane), which increased by 23% to X tons in 2021. Overall, imports saw a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 54%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Poland, with a combined 82% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +270.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanes, cyclenes and cycloterpenes suppliers to Poland were China ($X), Germany ($X) and the Netherlands ($X), with a combined 86% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +175.8%, recorded the highest rates of growth with regard to 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

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, with an increase of 47% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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