Poland: Sulphur Market 2024

Sulphur Market Size in Poland

In 2022, the Polish sulphur market decreased by -2.4% to $X, falling for the third consecutive year after two years of growth. Over the period under review, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -18.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Sulphur Production in Poland

In value terms, sulphur production fell modestly to $X in 2022 estimated in export price. Overall, production saw a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.3%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Sulphur Exports

Exports from Poland

In 2022, shipments abroad of sulphur increased by 3.8% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sulphur exports surged to $X in 2022. Over the period under review, exports, however, recorded a noticeable curtailment. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for sulphur exports from Poland, with a 40% share of total exports. Moreover, sulphur exports to the Czech Republic exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+40.0% per year) and Austria (+38.8% per year).

In value terms, the largest markets for sulphur exported from Poland were the Czech Republic ($X), Ukraine ($X) and Germany ($X), with a combined 64% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of +47.0%, 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 sulphur export price stood at $X per ton in 2022, picking up by 60% against the previous year. Overall, the export price continues to indicate a resilient expansion. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to the Czech Republic ($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 Germany (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Poland

Sulphur imports into Poland fell sharply to X tons in 2022, waning by -80.8% compared with the previous year's figure. In general, imports showed a significant decrease. The pace of growth appeared the most rapid in 2017 with an increase of 375%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sulphur imports shrank notably to $X in 2022. Overall, imports recorded a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 184%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of sulphur to Poland, with a 67% share of total imports. Moreover, sulphur imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), sixfold. France (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -36.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-30.7% per year) and France (+0.7% per year).

In value terms, the largest sulphur suppliers to Poland were Germany ($X), Slovenia ($X) and the UK ($X), with a combined 73% share of total imports.

Slovenia, with a CAGR of +834.2%, saw the highest growth rate of 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 2022, the average sulphur import price amounted to $X per ton, rising by 258% against the previous year. Over the period under review, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+87.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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