Poland: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Poland

In 2022, the Polish aromatic hydrocarbon mixtures market increased by 38% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a resilient increase. Aromatic hydrocarbon mixtures consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Aromatic Hydrocarbon Mixtures Production in Poland

In value terms, aromatic hydrocarbon mixtures production declined remarkably to $X in 2022 estimated in export price. Overall, production saw a notable expansion. The growth pace was the most rapid in 2017 when the production volume increased by 108% against the previous year. Aromatic hydrocarbon mixtures production peaked at $X in 2021, and then dropped significantly in the following year.

Aromatic Hydrocarbon Mixtures Exports

Exports from Poland

For the sixth year in a row, Poland recorded growth in shipments abroad of naphthalene and other aromatic hydrocarbon mixtures, which increased by 309% to X tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 4,658%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, aromatic hydrocarbon mixtures exports soared to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2017 when exports increased by 3,313%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X tons), Lithuania (X tons) and Belgium (X tons) were the main destinations of aromatic hydrocarbon mixtures exports from Poland, together comprising 85% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +2,746.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aromatic hydrocarbon mixtures exported from Poland were the Netherlands ($X), Lithuania ($X) and Belgium ($X), together comprising 86% of total exports.

The Netherlands, with a CAGR of +2,294.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, with an increase of 48% against the previous year. Over the period under review, the export price showed moderate growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 62% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to the Czech Republic ($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 Belgium (+45.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Imports

Imports into Poland

In 2022, approx. X tons of naphthalene and other aromatic hydrocarbon mixtures were imported into Poland; which is down by -48.9% against the previous year's figure. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 245%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank rapidly in the following year.

In value terms, aromatic hydrocarbon mixtures imports shrank rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by 319% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of aromatic hydrocarbon mixtures to Poland, with a 37% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+10.4% per year) and Belgium (+13.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Poland, comprising 41% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports. It was followed by Hungary, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +35.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.3% per year) and Hungary (+12.9% per year).

Import Prices by Country

The average aromatic hydrocarbon mixtures import price stood at $X per ton in 2022, rising by 51% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aromatic hydrocarbon mixtures import price increased by +133.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 55% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+73.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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