Poland: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Poland

The Polish platinum catalysts market fell to $X in 2022, shrinking by -6.4% against the previous year. Overall, consumption, however, enjoyed a slight increase. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Platinum Catalysts Production in Poland

In value terms, platinum catalysts production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11% against the previous year. Platinum catalysts production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Platinum Catalysts Exports

Exports from Poland

In 2022, overseas shipments of platinum catalysts decreased by -13.3% to X tons, falling for the second year in a row after three years of growth. Overall, exports showed a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of 573% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, platinum catalysts exports surged to $X in 2022. In general, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by 325%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for platinum catalysts exports from Poland, with a 98% share of total exports. It was followed by Ukraine (X kg), with a 1.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-45.6% per year) and the UK (-47.1% per year).

In value terms, the largest markets for platinum catalysts exported from Poland were Ukraine ($X), Germany ($X) and the UK ($X), with a combined 95% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +76.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average platinum catalysts export price stood at $X per ton in 2022, growing by 168% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 660% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Germany ($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 Ukraine (+224.1%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Catalysts Imports

Imports into Poland

In 2022, the amount of platinum catalysts imported into Poland shrank sharply to X tons, waning by -79% on the year before. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 491% against the previous year. Imports peaked at X tons in 2021, and then declined notably in the following year.

In value terms, platinum catalysts imports shrank to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by 466% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the UK (X kg) constituted the largest supplier of platinum catalysts to Poland, with a 76% share of total imports. Moreover, platinum catalysts imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold. The third position in this ranking was taken by Norway (X kg), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+43.7% per year) and Norway (0.0% per year).

In value terms, the largest platinum catalysts suppliers to Poland were Germany ($X), the UK ($X) and Norway ($X), with a combined 99.9% share of total imports.

Germany, with a CAGR of +121.8%, saw 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

The average platinum catalysts import price stood at $X per kg in 2022, jumping by 317% against the previous year. Overall, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per kg), while the price for Norway ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+75.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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