Poland: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Poland

The Polish market for polyethylene with a specific gravity of less than X, in primary forms soared to $X in 2021, with an increase of 44% against the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +50.4% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Poland

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms reached $X in 2021 estimated in export price. In general, production continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when the production volume increased by 258%. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Poland

In 2021, shipments abroad of polyethylene with a specific gravity of less than X, in primary forms decreased by -10% to X tons, falling for the third year in a row after two years of growth. In general, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by 41%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms soared to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -26.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for exports of polyethylene with a specific gravity of less than X, in primary forms from Poland, with a 31% share of total exports. Moreover, exports of polyethylene with a specific gravity of less than X, in primary forms to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.4% per year) and the Czech Republic (-1.2% per year).

In value terms, Germany ($X) remains the key foreign market for polyethylene with a specific gravity of less than X, in primary forms exports from Poland, comprising 28% of total exports. The second position in the ranking was held by Belgium ($X), with a 13% share of total exports. It was followed by the Czech Republic, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.0% per year) and the Czech Republic (+2.8% per year).

Export Prices by Country

The average export price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2021, with an increase of 41% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Poland

Imports of polyethylene with a specific gravity of less than X, in primary forms into Poland expanded modestly to X tons in 2021, surging by 3.9% on the previous year's figure. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +61.7% against 2013 indices. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms skyrocketed to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of polyethylene with a specific gravity of less than X, in primary forms to Poland, together accounting for 60% of total imports. These countries were followed by Hungary, Slovakia, Austria, France, Sweden, Italy, Saudi Arabia and the UK, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +22.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the largest polyethylene with a specific gravity of less than X suppliers to Poland, together accounting for 59% of total imports. These countries were followed by France, Slovakia, Hungary, Austria, Sweden, Italy, Saudi Arabia and the UK, which together accounted for a further 28%.

Hungary, with a CAGR of +22.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, rising by 61% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. 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 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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