Poland - Essential Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEssential Oils Price in Poland - 2023
Contents:
- Essential Oils Price in Poland (CIF) - 2022
- Essential Oils Price in Poland (FOB) - 2023
- Essential Oils Imports in Poland
- Essential Oils Exports in Poland
Essential Oils Price in Poland (CIF) - 2022
The average essential oils import price stood at $45,812 per ton in 2022, with an increase of 19% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, essential oils import price increased by +36.9% against 2019 indices. As a result, import price attained 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 United States ($67,762 per ton), while the price for Brazil ($12,492 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Essential Oils Price in Poland (FOB) - 2023
The average essential oils export price stood at $228K per ton in June 2023, rising by 23% against the previous month. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in August 2022 an increase of 403% against the previous month. Over the period under review, the average export prices reached the peak figure at $267K per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($438K per ton), while the average price for exports to Spain ($27,972 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Essential Oils Imports in Poland
In 2022, purchases abroad of essential oils decreased by -62.9% to 352 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 298%. As a result, imports attained the peak of 963 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, essential oils imports reduced rapidly to $16M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 330% against the previous year.
| Import of Essential Oils in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 27.3 | 25.5 | 10.9 | 129.6% |
| Germany | 2.1 | 2.1 | 3.8 | 2.2 | 1.6% |
| Brazil | 0.2 | 0.3 | 0.5 | 0.6 | 44.2% |
| Italy | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| India | 1.2 | 1.1 | 1.0 | 0.4 | -30.7% |
| China | 1.3 | 0.9 | 1.9 | 0.4 | -32.5% |
| United Kingdom | 0.5 | 0.8 | 0.7 | 0.2 | -26.3% |
| Others | 1.6 | 1.9 | 2.9 | 0.9 | -17.5% |
| Total | 8.1 | 34.8 | 36.6 | 16.1 | 25.7% |
Top Suppliers of Essential Oils to Poland in 2022:
- United States (161.3 tons)
- Germany (65.8 tons)
- Brazil (51.7 tons)
- Italy (19.0 tons)
- India (16.7 tons)
- China (8.7 tons)
- United Kingdom (8.5 tons)
Essential Oils Exports in Poland
Essential oils exports from Poland surged to 1.7K tons in 2022, increasing by 480% against the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,043%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, essential oils exports surged to $30M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,223% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Essential Oils in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | 0.4 | 0.6 | 12.7 | 463.5% |
| Hungary | N/A | N/A | 0.4 | 5.3 | 1225.0% |
| Austria | N/A | 0.2 | 0.2 | 3.4 | 312.3% |
| Bulgaria | N/A | N/A | 0.2 | 1.4 | 600.0% |
| Russia | 0.4 | 3.7 | 0.8 | 0.9 | 31.0% |
| Germany | 0.1 | 2.5 | 2.8 | 0.6 | 81.7% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | 0.1 | 0.8 | 1.9 | N/A | 335.9% |
| Singapore | N/A | 0.5 | 0.2 | N/A | -60.0% |
| Others | 0.2 | 2.8 | 3.7 | 5.4 | 200.0% |
| Total | 0.8 | 10.9 | 10.9 | 30.2 | 235.5% |
Top Export Markets for Essential Oils from Poland in 2022:
- Romania (1092.0 tons)
- Hungary (271.9 tons)
- Bulgaria (148.9 tons)
- Austria (56.6 tons)
- Taiwan (Chinese) (31.7 tons)
- Russia (22.0 tons)
- Germany (16.5 tons)
- Singapore (3.8 tons)
- United Kingdom (0.3 tons)
This report provides an in-depth analysis of the essential oils 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.
Product coverage:
- Prodcom 20531020 - Essential oils
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
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In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
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In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
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Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.
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In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...
6327
In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...
