Poland: Market for Lauric Acid And Other Acids, Their Salts And Esters 2025

Market Size for Lauric Acid And Other Acids, Their Salts And Esters in Poland

The Polish market for lauric acid and other acids, their salts and esters surged to $X in 2021, rising by 26% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Lauric Acid And Other Acids, Their Salts And Esters in Poland

In value terms, production of lauric acid and other acids, their salts and esters skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep setback. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Lauric Acid And Other Acids, Their Salts And Esters

Exports from Poland

In 2021, overseas shipments of lauric acid and other acids, their salts and esters were finally on the rise to reach X tons after two years of decline. Over the period under review, exports showed a resilient expansion. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of lauric acid and other acids, their salts and esters skyrocketed to $X in 2021. In general, exports posted a prominent increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of exports of lauric acid and other acids, their salts and esters from Poland, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +114.1%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) emerged as the key foreign market for lauric acid and other acids, their salts and esters exports from Poland, comprising 37% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total exports. It was followed by Germany, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +129.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+20.3% per year) and Germany (+26.2% per year).

Export Prices by Country

The average export price for lauric acid and other acids, their salts and esters stood at $X per ton in 2021, rising by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2018 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lauric Acid And Other Acids, Their Salts And Esters

Imports into Poland

In 2021, the amount of lauric acid and other acids, their salts and esters imported into Poland skyrocketed to X tons, increasing by 38% against 2020. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of lauric acid and other acids, their salts and esters soared to $X in 2021. The total import value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Belgium (X tons) were the main suppliers of imports of lauric acid and other acids, their salts and esters to Poland, together accounting for 64% of total imports. France, Malaysia, Italy, South Korea, China, Spain, the United States, Sweden, the UK and Slovakia lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +132.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and China ($X) appeared to be the largest lauric acid and other acids, their salts and esters suppliers to Poland, with a combined 67% share of total imports. France, Belgium, the United States, Malaysia, Spain, South Korea, Italy, the UK, Sweden and Slovakia lagged somewhat behind, together accounting for a further 30%.

South Korea, with a CAGR of +76.1%, recorded the highest rates of growth with regard to the value of imports, among 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 lauric acid and other acids, their salts and esters stood at $X per ton in 2021, standing approx. at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 28% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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