Poland: Toluene Market 2024

Toluene Market Size in Poland

The Polish toluene market dropped significantly to $X in 2021, with a decrease of -81% against the previous year. Overall, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank markedly in the following year.

Toluene Production in Poland

In value terms, toluene production soared to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt shrinkage. Toluene production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Toluene Exports

Exports from Poland

In 2021, overseas shipments of toluene decreased by -1.4% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by 14%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, toluene exports surged to $X in 2021. In general, exports continue to indicate a abrupt slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for toluene exports from Poland, accounting for a 73% share of total exports. Moreover, toluene exports to Hungary exceeded the volume sent to the second major destination, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Hungary totaled -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.7% per year) and Moldova (+8.0% per year).

In value terms, Hungary ($X) remains the key foreign market for toluene exports from Poland, comprising 68% of total exports. The second position in the ranking was held by Germany ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hungary totaled -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.2% per year) and Moldova (+3.3% per year).

Export Prices by Country

The average toluene export price stood at $X per ton in 2021, increasing by 55% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Hungary ($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 Moldova (-4.3%), while the prices for the other major destinations experienced a decline.

Toluene Imports

Imports into Poland

In 2021, toluene imports into Poland reduced to X tons, dropping by -3.1% on 2020 figures. Overall, imports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2018 with an increase of 56%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, toluene imports skyrocketed to $X in 2021. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 86% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Slovakia (X tons) constituted the largest supplier of toluene to Poland, with a 57% share of total imports. Moreover, toluene imports from Slovakia exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Slovakia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.8% per year) and the Czech Republic (-3.6% per year).

In value terms, Slovakia ($X) constituted the largest supplier of toluene to Poland, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the Czech Republic, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Slovakia totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.5% per year) and the Czech Republic (-9.6% per year).

Import Prices by Country

The average toluene import price stood at $X per ton in 2021, increasing by 46% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Serbia ($X per ton), while the price for the Czech Republic ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+7.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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