Poland: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in Poland

The Polish m-xylene and xylenes market fell slightly to $X in 2022, with a decrease of -2% against the previous year. In general, consumption showed a deep downturn. X-xylene and xylenes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

M-Xylene And Xylenes Production in Poland

In value terms, m-xylene and xylenes production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 31%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

M-Xylene And Xylenes Exports

Exports from Poland

In 2022, shipments abroad of m-xylene and mixed xylene isomers decreased by -24.2% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 339% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, m-xylene and xylenes exports fell remarkably to $X in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 245% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for m-xylene and xylenes exports from Poland, accounting for a 67% share of total exports. Moreover, m-xylene and xylenes exports to Hungary exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. The third position in this ranking was taken by Finland (X tons), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to +135.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-15.3% per year) and Finland (-41.8% per year).

In value terms, Hungary ($X) remains the key foreign market for m-xylene and mixed xylene isomers exports from Poland, comprising 61% of total exports. The second position in the ranking was held by Slovakia ($X), with a 17% share of total exports. It was followed by Finland, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Hungary stood at +103.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-10.9% per year) and Finland (-37.0% per year).

Export Prices by Country

In 2022, the average m-xylene and xylenes export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price enjoyed modest growth. The most prominent rate of growth was recorded in 2019 an increase of 154% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

M-Xylene And Xylenes Imports

Imports into Poland

M-xylene and xylenes imports into Poland declined notably to X tons in 2022, waning by -15.9% on 2021. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2019 when imports increased by 99%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes imports shrank to $X in 2022. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2019 with an increase of 344%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of m-xylene and xylenes to Poland, accounting for a 86% share of total imports. Moreover, m-xylene and xylenes imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. Germany (X kg) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +74.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+17.4% per year) and Germany (-54.9% per year).

In value terms, Italy ($X) constituted the largest supplier of m-xylene and mixed xylene isomers to Poland, comprising 89% of total imports. The second position in the ranking was held by the UK ($X), with a 5.8% share of total imports. It was followed by Germany, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +87.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+22.6% per year) and Germany (-50.1% per year).

Import Prices by Country

In 2022, the average m-xylene and xylenes import price amounted to $X per ton, surging by 5.7% against the previous year. Overall, the import price posted a strong increase. The pace of growth was the most pronounced in 2019 an increase of 123% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :