Poland: Melamine Resins Market 2024

Melamine Resins Market Size in Poland

For the fourth consecutive year, the Polish melamine resins market recorded growth in sales value, which increased by 32% to $X in 2021. Over the period under review, consumption showed modest growth. Melamine resins consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Melamine Resins Production in Poland

In value terms, melamine resins production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Melamine Resins Exports

Exports from Poland

In 2021, the amount of melamine resins in primary forms exported from Poland soared to X tons, with an increase of 47% on the previous year's figure. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 80%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, melamine resins exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for melamine resins exports from Poland, with a 54% share of total exports. Moreover, melamine resins exports to Germany exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Lithuania (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +66.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+6.1% per year) and Lithuania (+12.1% per year).

In value terms, Germany ($X) remains the key foreign market for melamine resins in primary forms exports from Poland, comprising 54% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 24% share of total exports. It was followed by Lithuania, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +70.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+9.7% per year) and Lithuania (+17.4% per year).

Export Prices by Country

In 2021, the average melamine resins export price amounted to $X per ton, jumping by 68% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Belarus ($X per ton) and Lithuania ($X per ton), while the average price for exports to Ukraine ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports

Imports into Poland

In 2021, approx. X tons of melamine resins in primary forms were imported into Poland; picking up by 51% on the year before. Over the period under review, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 116%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, melamine resins imports skyrocketed to $X in 2021. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 85% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Slovakia (X tons) constituted the largest supplier of melamine resins to Poland, accounting for a 58% share of total imports. Moreover, melamine resins imports from Slovakia exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Slovakia amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.1% per year) and the Czech Republic (-16.1% per year).

In value terms, the largest melamine resins suppliers to Poland were Slovakia ($X), Germany ($X) and Slovenia ($X), with a combined 74% share of total imports. The Czech Republic and Belarus lagged somewhat behind, together accounting for a further 21%.

Belarus, with a CAGR of +196.3%, recorded the highest growth rate of 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

In 2021, the average melamine resins import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price showed a slight expansion. The pace of growth was the most pronounced in 2017 an increase of 149%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 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 Slovenia ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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