Petroleum Jelly Price in Poland - 2023

Contents:

  1. Petroleum Jelly Price in Poland (CIF) - 2022
  2. Petroleum Jelly Price in Poland (FOB) - 2022
  3. Petroleum Jelly Imports in Poland
  4. Petroleum Jelly Exports in Poland

Petroleum Jelly Price in Poland (CIF) - 2022

In 2022, the average petroleum jelly import price amounted to $2,402 per ton, growing by 28% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 29%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,678 per ton), while the price for Russia ($969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum Jelly Price in Poland (FOB) - 2022

The average petroleum jelly export price stood at $3,522 per ton in 2022, surging by 124% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($9,665 per ton), while the average price for exports to the Netherlands ($1,873 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 Mexico (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Petroleum Jelly Imports in Poland

In 2022, the amount of petroleum jellies imported into Poland contracted to 4.8K tons, shrinking by -14.6% compared with 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 5.7K tons, and then contracted in the following year.

In value terms, petroleum jelly imports expanded markedly to $12M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Petroleum Jelly in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.51.92.94.218.9%
Netherlands1.71.32.42.716.7%
Hungary0.51.41.61.440.9%
United States0.20.50.61.281.7%
United Kingdom0.50.60.60.66.3%
Ireland0.2N/A0.20.314.5%
RussiaN/AN/A1.20.2-83.3%
Others1.00.71.20.9-3.5%
Total6.56.310.611.621.3%

Top Suppliers of Petroleum Jelly to Poland in 2022:

  1. Germany (1861.2 tons)
  2. Netherlands (1335.4 tons)
  3. Hungary (624.8 tons)
  4. Russia (252.6 tons)
  5. United States (183.4 tons)
  6. United Kingdom (177.0 tons)
  7. Ireland (134.4 tons)

Petroleum Jelly Exports in Poland

In 2022, after three years of growth, there was significant decline in shipments abroad of petroleum jellies, when their volume decreased by -67.2% to 157 tons. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 134% against the previous year.

In value terms, petroleum jelly exports contracted significantly to $553K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 126% against the previous year.

Export of Petroleum Jelly in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.231.518014533.3%
Russia76.878.347.410912.4%
Ukraine19.745.628.457.643.0%
Czech Republic36.64.859.148.710.0%
Netherlands27.01.68.634.98.9%
Turkey0.512.18.933.5306.2%
Latvia7.57.38.923.947.2%
Romania8.66.649.018.228.4%
FranceN/A0.527.217.7495.0%
Lithuania6.23.36.910.519.2%
Austria2.62.814.98.749.6%
Others24.341931345.323.1%
Total27161375355326.8%

Top Export Markets for Petroleum Jelly from Poland in 2022:

  1. Germany (35.9 tons)
  2. Ukraine (28.1 tons)
  3. Russia (26.5 tons)
  4. Netherlands (18.7 tons)
  5. Turkey (9.0 tons)
  6. Romania (6.7 tons)
  7. Latvia (6.0 tons)
  8. Czech Republic (5.0 tons)
  9. Lithuania (2.7 tons)
  10. Austria (2.6 tons)
  11. France (2.4 tons)

Source: IndexBox Market Intelligence Platform

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