Poland: Aromatic Hydrocarbons Derivatives Market 2024

Aromatic Hydrocarbons Derivatives Market Size in Poland

The Polish aromatic hydrocarbons derivatives market contracted sharply to $X in 2021, which is down by -44.1% against the previous year. Over the period under review, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted sharply in the following year.

Aromatic Hydrocarbons Derivatives Production in Poland

In value terms, aromatic hydrocarbons derivatives production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 26% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Aromatic Hydrocarbons Derivatives Exports

Exports from Poland

In 2021, exports of halogenated derivatives of aromatic hydrocarbons from Poland soared to X tons, growing by 41% on 2020 figures. The total export volume increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aromatic hydrocarbons derivatives exports surged to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for aromatic hydrocarbons derivatives exports from Poland, accounting for a 74% share of total exports. Moreover, aromatic hydrocarbons derivatives exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), tenfold. The third position in this ranking was held by Hungary (X tons), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.6% per year) and Hungary (+25.8% per year).

In value terms, Germany ($X) remains the key foreign market for halogenated derivatives of aromatic hydrocarbons exports from Poland, comprising 73% of total exports. The second position in the ranking was held by the United States ($X), with a 7.8% share of total exports. It was followed by Hungary, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-8.0% per year) and Hungary (+27.3% per year).

Export Prices by Country

The average aromatic hydrocarbons derivatives export price stood at $X per ton in 2021, jumping by 41% against the previous year. Over the period under review, the export price, however, showed a mild downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to India ($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 Hungary (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Aromatic Hydrocarbons Derivatives Imports

Imports into Poland

In 2021, the amount of halogenated derivatives of aromatic hydrocarbons imported into Poland surged to X tons, with an increase of 80% against the previous year's figure. In general, imports posted prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 22,655% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, aromatic hydrocarbons derivatives imports skyrocketed to $X in 2021. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 11,899% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of aromatic hydrocarbons derivatives imports to Poland, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +77.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and the Netherlands ($X) constituted the largest aromatic hydrocarbons derivatives suppliers to Poland, together comprising 78% of total imports.

Belgium, with a CAGR of +98.4%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 aromatic hydrocarbons derivatives import price stood at $X per ton in 2021, increasing by 21% against the previous year. In general, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 118%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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