Poland - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
Poland's Ethylene Glycol Prices Hit $758 per Ton
Poland Ethylene Glycol Import Price in January 2023
In January 2023, the ethylene glycol price stood at $758 per ton, therefore (CIF, Poland), remained relatively stable against the previous month. Over the period under review, the import price continues to indicate a slight slump. The pace of growth was the most pronounced in June 2022 when the average import price increased by 9.5% against the previous month. The import price peaked at $1,109 per ton in July 2022; however, from August 2022 to January 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2023, the countries with the highest prices were Lithuania ($871 per ton) and Germany ($783 per ton), while the price for Belgium ($692 per ton) and the Netherlands ($710 per ton) were amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Lithuania (-0.8%), while the prices for the other major suppliers experienced a decline.
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|Import Price of Ethylene Glycol in Poland (USD per ton)|
Poland Ethylene Glycol Imports
In January 2023, approximately 11K tons of ethylene glycol (ethanediol) were imported into Poland; jumping by 64% on the month before. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in November 2022 with an increase of 89% m-o-m. Over the period under review, imports hit record highs in January 2023.
In value terms, ethylene glycol imports skyrocketed to $8.3M (IndexBox estimates) in January 2023. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in June 2022 when imports increased by 105% against the previous month. Imports peaked in January 2023.
Poland Ethylene Glycol Imports by Country
Germany (4.4K tons), Belgium (4.3K tons) and Lithuania (1.7K tons) were the main suppliers of ethylene glycol imports to Poland, with a combined 95% share of total imports.
From January 2022 to January 2023, the biggest increases were in Lithuania (with a CAGR of +26.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($3.4M), Belgium ($3M) and Lithuania ($1.5M) appeared to be the largest ethylene glycol suppliers to Poland, together comprising 95% of total imports.
In terms of the main suppliers, Lithuania, with a CAGR of +25.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the ethylene glycol market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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The Largest Import Supplying Countries
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