Poland: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Poland

In 2021, after three years of growth, there was significant decline in the Polish market for caustic soda in aqueous solution (soda lye), when its value decreased by -24.2% to $X. Overall, consumption, however, enjoyed a prominent expansion. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Production of Caustic Soda in Aqueous Solution (Soda Lye) in Poland

In value terms, production of caustic soda in aqueous solution (soda lye) declined significantly to $X in 2021 estimated in export price. Overall, production faced a precipitous curtailment. Production of peaked at $X in 2020, and then reduced notably in the following year.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Poland

In 2021, after three years of growth, there was significant decline in overseas shipments of caustic soda in aqueous solution (soda lye), when their volume decreased by -24.8% to X tons. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its volume 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. The pace of growth appeared the most rapid in 2015 when exports increased by 44%. The exports peaked at X tons in 2020, and then dropped dramatically in the following year.

In value terms, exports of caustic soda in aqueous solution (soda lye) declined to $X in 2021. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 67%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Finland (X tons) were the main destinations of exports of caustic soda in aqueous solution (soda lye) from Poland, together accounting for 71% of total exports. These countries were followed by Slovakia, Austria, Hungary, Lithuania, Denmark, Estonia, the Netherlands, Belarus and Sweden, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +305.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caustic soda in aqueous solution (soda lye) exported from Poland were the Czech Republic ($X), Germany ($X) and Finland ($X), together comprising 61% of total exports. Slovakia, Austria, Hungary, the Netherlands, Lithuania, Denmark, Estonia, Belarus and Sweden lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, Austria, with a CAGR of +263.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2021, picking up by 14% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, 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 the Netherlands ($X per ton), while the average price for exports to Finland ($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 Estonia (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Poland

After three years of growth, supplies from abroad of caustic soda in aqueous solution (soda lye) decreased by -1.6% to X tons in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.3% 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 +62.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 42% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2020, and then contracted slightly in the following year.

In value terms, imports of caustic soda in aqueous solution (soda lye) rose to $X in 2021. Overall, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -28.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 90% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Hungary (X tons), Ukraine (X tons) and Germany (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to Poland, with a combined 91% share of total imports. These countries were followed by Romania, France, Slovakia and the Czech Republic, which together accounted for a further 7.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +97.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Ukraine ($X) and Germany ($X) appeared to be the largest caustic soda in aqueous solution (soda lye) suppliers to Poland, together comprising 89% of total imports. Romania, France, Slovakia and the Czech Republic lagged somewhat behind, together comprising a further 8.6%.

Romania, with a CAGR of +75.1%, 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 caustic soda in aqueous solution (soda lye) amounted to $X per ton, rising by 5.8% against the previous year. Overall, the import price, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2018 an increase of 52%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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