Poland - Magnesite - Market Analysis, Forecast, Size, Trends and Insights
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Magnesite Market Size in Poland
In 2021, after two years of decline, there was significant growth in the Polish magnesite market, when its value increased by 16% to $X. Over the period under review, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.7% against 2018 indices. Magnesite consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Magnesite Production in Poland
In value terms, magnesite production soared to $X in 2021 estimated in export price. Overall, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 112% against the previous year. Magnesite production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Magnesite Exports
Exports from Poland
In 2021, approx. X tons of magnesite were exported from Poland; rising by 41% against 2020 figures. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 2,078%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, magnesite exports declined modestly to $X in 2021. In general, exports, however, recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by 1,670% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
Ukraine (X tons) was the main destination for magnesite exports from Poland, with a 66% share of total exports. Moreover, magnesite exports to Ukraine exceeded the volume sent to the second major destination, the UK (X tons), ninefold. Uzbekistan (X tons) ranked third in terms of total exports with a 6.4% share.
From 2012 to 2021, the average annual growth rate of volume to Ukraine amounted to -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and Uzbekistan (+23.2% per year).
In value terms, Ukraine ($X) remains the key foreign market for magnesite exports from Poland, comprising 70% of total exports. The second position in the ranking was held by Sweden ($X), with a 4.4% share of total exports. It was followed by the UK, with a 3.9% share.
From 2012 to 2021, the average annual growth rate of value to Ukraine amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+32.7% per year) and the UK (0.0% per year).
Export Prices by Country
The average magnesite export price stood at $X per ton in 2021, with a decrease of -29.1% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 148%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the UK ($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 Russia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Magnesite Imports
Imports into Poland
In 2021, overseas purchases of magnesite increased by 42% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 829%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.
In value terms, magnesite imports surged to $X in 2021. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by 168% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
Imports by Country
In 2021, Slovakia (X tons) was the main supplier of magnesite to Poland, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Slovakia amounted to +46.9%.
In value terms, Slovakia ($X) constituted the largest supplier of magnesite to Poland.
From 2012 to 2021, the average annual rate of growth in terms of value from Slovakia totaled +48.9%.
Import Prices by Country
The average magnesite import price stood at $X per ton in 2021, with a decrease of -9.2% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 45%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Slovakia.
From 2012 to 2021, the rate of growth in terms of prices for Slovakia amounted to +1.5% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the magnesite market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- UNCode 16390-1 - Magnesite
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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