Poland: Crude Oil Market 2025

Crude Oil Market Size in Poland

In 2022, the Polish crude oil market increased by 28% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Crude oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crude Oil Exports

Exports from Poland

In 2022, crude oil exports from Poland amounted to X tons, standing approx. at the previous year. Overall, exports, however, recorded a slight slump. The pace of growth was the most pronounced in 2013 with an increase of 91% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, crude oil exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 with an increase of 92%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for crude oil exports from Poland, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -1.5%.

In value terms, Germany ($X) also remains the key foreign market for crude petroleum oil exports from Poland.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -4.3%.

Export Prices by Country

In 2022, the average crude oil export price amounted to $X per ton, jumping by 20% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2015 an increase of 85%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -2.8% per year.

Crude Oil Imports

Imports into Poland

In 2022, approx. X tons of crude petroleum oil were imported into Poland; picking up by 7.9% compared with the year before. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude oil imports surged to $X in 2022. Over the period under review, imports, however, recorded a slight setback. The pace of growth appeared the most rapid in 2018 when imports increased by 60%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X tons), Saudi Arabia (X tons) and Norway (X tons) were the main suppliers of crude oil imports to Poland, with a combined 86% share of total imports. The UK, the United States and Kazakhstan lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +610.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crude oil suppliers to Poland were Russia ($X), Saudi Arabia ($X) and Norway ($X), with a combined 84% share of total imports. The UK, the United States and Kazakhstan lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, the United States, with a CAGR of +422.2%, saw 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 crude oil import price amounted to $X per ton, growing by 37% against the previous year. In general, the import price, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and the UK ($X per ton), while the price for Russia ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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