Poland: Market for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) 2024

Market Size for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Poland

The Polish propyl and isopropyl alcohol market fell remarkably to $X in 2022, dropping by -25.7% against the previous year. Over the period under review, consumption, however, showed moderate growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Poland

In value terms, propyl and isopropyl alcohol production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year. Propyl and isopropyl alcohol production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Exports from Poland

In 2022, approx. X tons of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were exported from Poland; jumping by 48% compared with the previous year's figure. Overall, exports posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of 113%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, propyl and isopropyl alcohol exports skyrocketed to $X in 2022. Over the period under review, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 207%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for propyl and isopropyl alcohol exports from Poland, with a 57% share of total exports. Moreover, propyl and isopropyl alcohol exports to Ukraine exceeded the volume sent to the second major destination, Germany (X tons), fivefold. Belarus (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.9% per year) and Belarus (+19.0% per year).

In value terms, Ukraine ($X) remains the key foreign market for propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exports from Poland, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by Belgium, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine amounted to +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+18.8% per year) and Belgium (+68.6% per year).

Export Prices by Country

In 2022, the average propyl and isopropyl alcohol export price amounted to $X per ton, growing by 5.9% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propyl and isopropyl alcohol export price decreased by -21.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 62%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Ukraine ($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 (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Imports into Poland

Propyl and isopropyl alcohol imports into Poland rose notably to X tons in 2022, with an increase of 12% compared with the previous year. In general, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 79% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, propyl and isopropyl alcohol imports expanded remarkably to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of propyl and isopropyl alcohol to Poland, with a 41% share of total imports. Moreover, propyl and isopropyl alcohol imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.9% per year) and Belgium (+9.7% per year).

In value terms, Germany ($X) constituted the largest supplier of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) to Poland, comprising 41% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.4% per year) and Belgium (+10.6% per year).

Import Prices by Country

The average propyl and isopropyl alcohol import price stood at $X per ton in 2022, reducing by -2.1% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propyl and isopropyl alcohol import price decreased by -15.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 62% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Russia ($X per ton), while the price for South Korea ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :