Poland: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Poland

In 2021, after four years of growth, there was significant decline in the Polish market for inorganic oxygen compounds of non-metals, when its value decreased by -13.3% to $X. Over the period under review, consumption, however, enjoyed buoyant growth. As a result, consumption attained the peak level of $X, and then fell in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in Poland

In value terms, inorganic oxygen compounds of non-metals production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 42% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from Poland

In 2021, overseas shipments of inorganic oxygen compounds of non-metals increased by 389% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 395%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, inorganic oxygen compounds of non-metals exports soared to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 471%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for inorganic oxygen compounds of non-metals exports from Poland, with a 87% share of total exports. Moreover, inorganic oxygen compounds of non-metals exports to the Netherlands exceeded the volume sent to the second major destination, Ireland (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +1,385.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+2,062.1% per year) and France (+494.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for inorganic oxygen compounds of non-metals exports from Poland, comprising 84% of total exports. The second position in the ranking was held by Ireland ($X), with a 6.2% share of total exports. It was followed by France, with a 4% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands amounted to +1,340.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+2,701.5% per year) and France (+657.1% per year).

Export Prices by Country

The average export price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, the export price posted a temperate increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Denmark ($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 Ireland (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into Poland

In 2021, the amount of inorganic oxygen compounds of non-metals imported into Poland surged to X tons, increasing by 266% against the previous year. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals imports surged to $X in 2021. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to Poland, together accounting for 75% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +116,209.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Russia ($X) appeared to be the largest inorganic oxygen compounds of non-metals suppliers to Poland, together accounting for 71% of total imports.

Russia, with a CAGR of +80,955.7%, 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 import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, picking up by 6.1% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inorganic oxygen compounds of non-metals import price decreased by -13.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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