Poland: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Poland

The Polish denatured ethyl alcohol market contracted to $X in 2021, falling by -6.7% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Denatured Ethyl Alcohol Production in Poland

In value terms, denatured ethyl alcohol production dropped significantly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +70.9% against 2015 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 51%. Denatured ethyl alcohol production peaked at $X in 2020, and then dropped rapidly in the following year.

Denatured Ethyl Alcohol Exports

Exports from Poland

In 2021, overseas shipments of denatured ethyl alcohol and other denatured spirits decreased by -6.9% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2015 when exports increased by 118%. Over the period under review, the exports reached the maximum at X tons in 2020, and then reduced in the following year.

In value terms, denatured ethyl alcohol exports shrank remarkably to $X in 2021. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 128% against the previous year. The exports peaked at $X in 2020, and then dropped dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for denatured ethyl alcohol exports from Poland, with a 69% share of total exports. Moreover, denatured ethyl alcohol exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. The third position in this ranking was taken by Belgium (X tons), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +156.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+25.9% per year) and Belgium (+97.7% per year).

In value terms, Germany ($X) remains the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Poland, comprising 66% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 11% share of total exports. It was followed by Belgium, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +151.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+25.1% per year) and Belgium (+85.2% per year).

Export Prices by Country

The average denatured ethyl alcohol export price stood at $X per ton in 2021, waning by -9% against the previous year. Overall, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2020 an increase of 39%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to the Czech Republic ($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 the UK (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Denatured Ethyl Alcohol Imports

Imports into Poland

For the third year in a row, Poland recorded decline in overseas purchases of denatured ethyl alcohol and other denatured spirits, which decreased by -24.6% to X tons in 2021. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 144% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, denatured ethyl alcohol imports reduced rapidly to $X in 2021. Overall, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 102% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of denatured ethyl alcohol to Poland, accounting for a 69% share of total imports. Moreover, denatured ethyl alcohol imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hungary totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.6% per year) and the Netherlands (-19.7% per year).

In value terms, Hungary ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Poland, comprising 67% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by the Netherlands, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Hungary totaled +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.4% per year) and the Netherlands (-16.7% per year).

Import Prices by Country

In 2021, the average denatured ethyl alcohol import price amounted to $X per ton, reducing by -8.6% against the previous year. In general, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, denatured ethyl alcohol import price increased by +33.2% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 46% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the Netherlands ($X per ton) and France ($X per ton), while the price for Germany ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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