Poland: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Poland

In 2022, the Polish rosin and resin acids market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Production of Rosin And Resin Acids And Derivatives in Poland

In value terms, rosin and resin acids production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Rosin and resin acids production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Rosin And Resin Acids And Derivatives

Exports from Poland

In 2022, approx. X tons of rosin and resin acids and derivatives were exported from Poland; shrinking by X% compared with 2021. In general, exports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, rosin and resin acids exports contracted to $X in 2022. Over the period under review, exports, however, recorded a temperate increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for rosin and resin acids exports from Poland, accounting for a X% share of total exports. Moreover, rosin and resin acids exports to the Czech Republic exceeded the volume sent to the second major destination, Belarus (X tons), tenfold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for rosin and resin acids and derivatives exports from Poland, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Ukraine (X% per year).

Export Prices by Country

The average rosin and resin acids export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rosin And Resin Acids And Derivatives

Imports into Poland

In 2022, after six years of growth, there was significant decline in overseas purchases of rosin and resin acids and derivatives, when their volume decreased by X% to X tons. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, rosin and resin acids imports expanded remarkably to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Austria (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of rosin and resin acids imports to Poland, together comprising X% of total imports. France, Mexico, Portugal, Indonesia and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rosin and resin acids suppliers to Poland were Austria ($X), the Netherlands ($X) and Belgium ($X), together accounting for X% of total imports. Mexico, France, Portugal, Finland and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, 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

The average rosin and resin acids import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids import price increased by X% against 2019 indices. As a result, import price attained 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 Mexico ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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