Poland: Sulphites Market 2024

Sulphites Market Size in Poland

The Polish sulphites market was estimated at $X in 2022, surging by 3% against the previous year. The market value increased at an average annual rate of +5.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Sulphites Production in Poland

In value terms, sulphites production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sulphites Exports

Exports from Poland

In 2022, after two years of growth, there was significant decline in shipments abroad of sulphites, when their volume decreased by -54.4% to X tons. Overall, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, sulphites exports contracted dramatically to $X in 2022. In general, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell notably in the following year.

Exports by Country

Russia (X tons), Belarus (X tons) and Ukraine (X tons) were the main destinations of sulphites exports from Poland, with a combined 74% share of total exports. Hungary, Uzbekistan, Lithuania, Romania, Estonia, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +121.7%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Russia ($X) and Ukraine ($X) appeared to be the largest markets for sulphites exported from Poland worldwide, together comprising 70% of total exports. Hungary, Uzbekistan, Lithuania, the Czech Republic, Estonia, Romania and Slovakia lagged somewhat behind, together accounting for a further 21%.

Romania, with a CAGR of +102.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sulphites export price stood at $X per ton in 2022, with an increase of 60% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites export price increased by +85.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Russia ($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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites Imports

Imports into Poland

In 2022, the amount of sulphites imported into Poland declined sharply to X tons, waning by -30.6% on 2021 figures. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% 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 -35.4% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 108%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphites imports expanded significantly to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +43.4% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 71% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Italy (X tons), Germany (X tons) and Turkey (X tons) were the main suppliers of sulphites imports to Poland, together comprising 88% of total imports. Thailand, Belgium, the Netherlands, Belarus and China lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +61.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Germany ($X) appeared to be the largest sulphites suppliers to Poland, together accounting for 79% of total imports. The Netherlands, Thailand, Belgium, Belarus and China lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Belgium, with a CAGR of +42.4%, 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 2022, the average sulphites import price amounted to $X per ton, growing by 62% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites import price increased by +106.7% against 2020 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 the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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