Poland: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Poland

In 2022, the Polish market for polyethylene terephthalate and other polyethylene terephthalate in primary forms increased by 36% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Poland

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms surged to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Poland

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were exported from Poland; increasing by 12% on the previous year. Over the period under review, total exports indicated a remarkable increase from 2012 to 2016: its volume increased at an average annual rate of +17.3% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, exports increased by +89.3% against 2012 indices. The growth pace was the most rapid in 2015 with an increase of 36% against the previous year. The exports peaked in 2016 and are likely to see gradual growth in years to come.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms totaled $X in 2016. The total export value increased at an average annual rate of +4.1% from 2012 to 2016; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of 18%. As a result, the exports reached the peak of $X. From 2014 to 2016, 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 terephthalate and other polyethylene terephthalate in primary forms from Poland, with a 60% share of total exports. Moreover, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2016, the average annual growth rate of volume to Germany totaled +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+13.8% per year) and Austria (+33.4% per year).

In value terms, Germany ($X) remains the key foreign market for polyethylene terephthalate and other polyethylene terephthalate in primary forms exports from Poland, comprising 60% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total exports. It was followed by Austria, with an 8.5% share.

From 2012 to 2016, the average annual growth rate of value to Germany totaled +23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1.9% per year) and Austria (+17.4% per year).

Export Prices by Country

In 2016, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, waning by -8% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price decreased by -1.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2016, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($X per ton) and Hungary ($X per ton), while the average price for exports to Lithuania ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-7.6%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Poland

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were imported into Poland; surging by 28% on the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2016: its volume increased at an average annual rate of +11.5% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by +54.5% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms soared to $X in 2016. In general, imports, however, saw a mild reduction. Imports peaked at $X in 2014; however, from 2015 to 2016, imports stood at a somewhat lower figure.

Imports by Country

In 2016, Lithuania (X tons) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Poland, with a 52% share of total imports. Moreover, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Lithuania exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2016, the average annual growth rate of volume from Lithuania stood at +29.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and South Korea (+20.8% per year).

In value terms, Lithuania ($X) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Poland, comprising 50% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by South Korea, with an 8.4% share.

From 2012 to 2016, the average annual growth rate of value from Lithuania amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.9% per year) and South Korea (+8.6% per year).

Import Prices by Country

The average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, dropping by -9.4% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 0.5% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2016, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and the Netherlands ($X per ton), while the price for Russia ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (-8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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