Poland: Polycarbonate Market 2024

Polycarbonate Market Size in Poland

In 2022, after two years of growth, there was decline in the Polish polycarbonate market, when its value decreased by -2.3% to $X. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +40.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Polycarbonate Production in Poland

In value terms, polycarbonate production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 82% against the previous year. Polycarbonate production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Polycarbonate Exports

Exports from Poland

Polycarbonate exports from Poland declined to X tons in 2022, which is down by -8.9% against 2021 figures. Over the period under review, exports, however, showed resilient growth. The growth pace was the most rapid in 2017 when exports increased by 79% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, polycarbonate exports shrank to $X in 2022. Overall, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 with an increase of 88%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Germany (X tons) was the main destination for polycarbonate exports from Poland, with a 35% share of total exports. Moreover, polycarbonate exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+19.9% per year) and the UK (+31.1% per year).

In value terms, Germany ($X) remains the key foreign market for polycarbonates (in primary forms) exports from Poland, comprising 33% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by the UK, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +23.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.5% per year) and the UK (+35.3% per year).

Export Prices by Country

In 2022, the average polycarbonate export price amounted to $X per ton, growing by 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Thailand ($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 Slovakia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarbonate Imports

Imports into Poland

Polycarbonate imports into Poland fell to X tons in 2022, reducing by -12.6% compared with the previous year. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, polycarbonate imports dropped to $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63%. As a result, imports attained the peak of $X, and then dropped modestly in the following year.

Imports by Country

Germany (X tons), South Korea (X tons) and the Netherlands (X tons) were the main suppliers of polycarbonate imports to Poland, with a combined 58% share of total imports. These countries were followed by Spain, Italy, Hungary, Russia, the Czech Republic, Belgium and Thailand, which together accounted for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +44.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of polycarbonates (in primary forms) to Poland, comprising 31% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total imports. It was followed by South Korea, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.0% per year) and South Korea (+10.2% per year).

Import Prices by Country

In 2022, the average polycarbonate import price amounted to $X per ton, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the maximum in 2022 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 Belgium ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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