Poland: Ethanol Market 2024

Ethanol Market Size in Poland

In 2022, the Polish ethanol market decreased by -0.3% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, showed a pronounced setback. Ethanol consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ethanol Production in Poland

In value terms, ethanol production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ethanol Exports

Exports from Poland

In 2022, exports of ethyl alcohol from Poland rose significantly to X litres, increasing by 15% against the year before. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 128% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ethanol exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of 101%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X litres) was the main destination for ethanol exports from Poland, accounting for a 51% share of total exports. Moreover, ethanol exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X litres), fourfold. The third position in this ranking was taken by the Netherlands (X litres), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+32.7% per year) and the Netherlands (+227.3% per year).

In value terms, Germany ($X) remains the key foreign market for ethyl alcohol exports from Poland, comprising 47% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 13% share of total exports. It was followed by the Czech Republic, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+181.7% per year) and the Czech Republic (+36.4% per year).

Export Prices by Country

The average ethanol export price stood at $X per litre in 2022, rising by 31% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol export price increased by +78.1% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per litre) and Sweden ($X per litre), while the average price for exports to Germany ($X per litre) and the Czech Republic ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanol Imports

Imports into Poland

In 2022, approx. X litres of ethyl alcohol were imported into Poland; growing by 18% against the year before. In general, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports reached the peak of X litres. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, ethanol imports surged to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X litres), Germany (X litres) and Moldova (X litres) were the main suppliers of ethanol imports to Poland, together accounting for 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +35.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethanol suppliers to Poland were Hungary ($X), Germany ($X) and Moldova ($X), with a combined 76% share of total imports.

Among the main suppliers, Moldova, with a CAGR of +46.4%, recorded 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 ethanol import price stood at $X per litre in 2022, surging by 36% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price 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, ethanol import price increased by +90.0% against 2017 indices. As a result, import price attained 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 Belgium ($X per litre), while the price for Lithuania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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