Poland: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Poland

The Polish polyethylene glycol and polyether market soared to $X in 2021, jumping by 141% against the previous year. Overall, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Polyethylene Glycols and Polyethers in Primary Forms in Poland

In value terms, polyethylene glycol and polyether production amounted to $X in 2021 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 2.4%. Polyethylene glycol and polyether production peaked in 2021 and is expected to retain growth in the near future.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports from Poland

For the third consecutive year, Poland recorded growth in shipments abroad of polyethylene glycols and polyethers in primary forms, which increased by 11% to X tons in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 24% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, polyethylene glycol and polyether exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Russia (X tons) were the main destinations of polyethylene glycol and polyether exports from Poland, together accounting for 34% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +42.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Russia ($X) were the largest markets for polyethylene glycol and polyether exported from Poland worldwide, with a combined 33% share of total exports. Romania, Turkey, Belgium, the Czech Republic, Lithuania, Denmark, Kosovo, Hungary, Estonia and Belarus lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, Kosovo, with a CAGR of +63.4%, 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 more modest paces of growth.

Export Prices by Country

The average polyethylene glycol and polyether export price stood at $X per ton in 2021, picking up by 44% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polyethylene glycol and polyether export price increased by +40.5% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and Belgium ($X per ton), while the average price for exports to Estonia ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports into Poland

In 2021, overseas purchases of polyethylene glycols and polyethers in primary forms increased by 14% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +5.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 17%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, polyethylene glycol and polyether imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.4% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of polyethylene glycol and polyether imports to Poland, together accounting for 70% of total imports. These countries were followed by Romania, France, Italy, Russia, South Korea and Spain, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +40.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) constituted the largest polyethylene glycol and polyether suppliers to Poland, with a combined 69% share of total imports. These countries were followed by Romania, Italy, France, Russia, Spain and South Korea, which together accounted for a further 25%.

In terms of the main suppliers, Russia, with a CAGR of +37.3%, recorded the highest growth rate of 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

The average polyethylene glycol and polyether import price stood at $X per ton in 2021, rising by 49% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached 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 Romania ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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