Report Update: May 6, 2024

Poland - Petroleum Bitumen - Market Analysis, Forecast, Size, Trends And Insights

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Petroleum Bitumen Price in Poland - 2023

Petroleum Bitumen Price in Poland (FOB) - 2023

In August 2023, the average petroleum bitumen export price amounted to $701 per ton, increasing by 13% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in March 2023 an increase of 30% month-to-month. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($899 per ton), while the average price for exports to the Czech Republic ($593 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Petroleum Bitumen Price in Poland (CIF) - 2023

In August 2023, the average petroleum bitumen import price amounted to $569 per ton, picking up by 2.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 13% m-o-m. The import price peaked at $577 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Czech Republic ($605 per ton) and Germany ($593 per ton), while the price for the Netherlands ($510 per ton) and Slovakia ($521 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum Bitumen Exports in Poland

In 2022, overseas shipments of petroleum bitumen decreased by -30.7% to 321K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports attained the peak of 535K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, petroleum bitumen exports dropped modestly to $206M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports reached the peak of $215M, and then reduced slightly in the following year.

Export of Petroleum Bitumen in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	16.3	40.7	61.4	40.6	35.6%
Romania	42.1	46.5	50.9	28.4	-12.3%
Czech Republic	33.8	20.5	29.3	26.4	-7.9%
Lithuania	14.5	11.6	16.1	20.9	13.0%
Slovakia	20.6	12.6	17.4	19.5	-1.8%
Germany	23.0	10.6	13.3	11.4	-20.9%
Sweden	3.9	2.9	6.6	9.5	34.6%
Latvia	1.3	0.9	3.3	9.0	90.6%
Hungary	7.3	2.2	4.1	7.5	0.9%
Estonia	0.8	1.3	0.5	6.6	102.1%
Finland	N/A	N/A	N/A	5.6	0%
Austria	9.5	6.6	2.5	3.0	-31.9%
Denmark	N/A	N/A	N/A	2.9	0%
Others	14.9	6.3	9.6	14.3	-1.4%
Total	188	163	215	206	3.1%

Top Export Markets for Petroleum Bitumen from Poland in 2022:

Ukraine (69.0K tons)
Romania (44.5K tons)
Czech Republic (41.9K tons)
Slovakia (29.3K tons)
Lithuania (29.2K tons)
Germany (16.8K tons)
Latvia (12.0K tons)
Sweden (11.9K tons)
Hungary (11.7K tons)
Finland (9.2K tons)
Estonia (8.1K tons)
Denmark (4.7K tons)
Austria (4.4K tons)

Petroleum Bitumen Imports in Poland

In 2022, petroleum bitumen imports into Poland skyrocketed to 226K tons, with an increase of 17% compared with the year before. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, petroleum bitumen imports skyrocketed to $131M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Petroleum Bitumen in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	38.9	32.7	55.9	91.1	32.8%
Czech Republic	4.2	6.6	8.1	26.7	85.2%
Hungary	7.8	10.9	11.5	11.3	13.2%
Sweden	9.2	1.4	1.0	0.3	-68.1%
Others	1.6	1.6	1.8	2.0	7.7%
Total	61.7	53.1	78.4	131	28.5%

Top Suppliers of Petroleum Bitumen to Poland in 2022:

Germany (160.6K tons)
Czech Republic (41.1K tons)
Hungary (19.9K tons)
Sweden (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the petroleum bitumen 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:

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023