Poland: Propellant Powders Market 2024

Propellant Powders Market Size in Poland

In 2021, the Polish propellant powders market was finally on the rise to reach $X for the first time since 2013, thus ending a seven-year declining trend. Overall, consumption, however, recorded a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Propellant Powders Production in Poland

In value terms, propellant powders production expanded to $X in 2021 estimated in export price. Overall, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 26% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Propellant Powders Exports

Exports from Poland

In 2021, overseas shipments of propellant powders decreased by -54.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 249% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, propellant powders exports soared to $X in 2021. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 777% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for propellant powders exports from Poland, accounting for a 57% share of total exports. Moreover, propellant powders exports to Ukraine exceeded the volume sent to the second major destination, Turkey (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-20.9% per year) and the Czech Republic (-12.8% per year).

In value terms, Ukraine ($X) remains the key foreign market for propellant powders exports from Poland, comprising 51% of total exports. The second position in the ranking was held by Turkey ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Ukraine totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-6.5% per year) and the Czech Republic (+5.5% per year).

Export Prices by Country

In 2021, the average propellant powders export price amounted to $X per ton, with an increase of 183% against the previous year. Overall, the export price recorded a remarkable increase. Over the period under review, the average export prices reached 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 the Czech Republic ($X per ton), while the average price for exports to Ukraine ($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 Czech Republic (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into Poland

In 2021, supplies from abroad of propellant powders was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, propellant powders imports surged to $X in 2021. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 83%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States (X tons), France (X tons) and Belgium (X tons) were the main suppliers of propellant powders imports to Poland, together accounting for 62% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +30.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest propellant powders suppliers to Poland were the United States ($X), Belgium ($X) and France ($X), together comprising 57% of total imports. These countries were followed by Japan, Sweden, the Czech Republic, Finland and the Netherlands, which together accounted for a further 39%.

In terms of the main suppliers, Japan, with a CAGR of +47.3%, saw the highest rates of growth with regard to 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

In 2021, the average propellant powders import price amounted to $X per ton, which is down by -6.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2014 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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 the Czech Republic ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :