Poland: Oxygen Market 2024

Oxygen Market Size in Poland

The Polish oxygen market shrank to $X in 2022, with a decrease of -7.9% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Oxygen Production in Poland

In value terms, oxygen production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, production reached the peak level of $X, and then dropped in the following year.

Oxygen Exports

Exports from Poland

Oxygen exports from Poland reduced sharply to X cubic meters in 2022, with a decrease of -24.8% compared with the previous year's figure. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxygen exports contracted to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X cubic meters) was the main destination for oxygen exports from Poland, accounting for a 52% share of total exports. Moreover, oxygen exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X cubic meters), threefold. Slovakia (X cubic meters) ranked third in terms of total exports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+46.2% per year) and Slovakia (+10.7% per year).

In value terms, the largest markets for oxygen exported from Poland were the Czech Republic ($X), Germany ($X) and Slovakia ($X), together accounting for 84% of total exports. Ukraine, Hungary, Russia and Estonia lagged somewhat behind, together comprising a further 12%.

In terms of the main countries of destination, Hungary, with a CAGR of +50.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oxygen export price stood at $X per cubic meter in 2022, picking up by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Imports

Imports into Poland

Oxygen imports into Poland dropped rapidly to X cubic meters in 2022, with a decrease of -67.6% on 2021 figures. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when imports increased by 157%. Imports peaked at X cubic meters in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, oxygen imports fell remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Czech Republic (X cubic meters), Germany (X cubic meters) and Hungary (X cubic meters) were the main suppliers of oxygen imports to Poland, together accounting for 93% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +25.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen suppliers to Poland were the Czech Republic ($X), Germany ($X) and Slovakia ($X), with a combined 62% share of total imports. Hungary and the United States lagged somewhat behind, together accounting for a further 9%.

In terms of the main suppliers, the United States, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oxygen import price amounted to $X per cubic meter, growing by 141% against the previous year. In general, the import price posted buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per cubic meter), while the price for the Czech Republic ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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