Poland - Phenylacetic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhenylacetic Acid Price in Poland - 2023
Contents:
- Phenylacetic Acid Price in Poland (FOB) - 2023
- Phenylacetic Acid Price in Poland (CIF) - 2022
- Phenylacetic Acid Exports in Poland
- Phenylacetic Acid Imports in Poland
Phenylacetic Acid Price in Poland (FOB) - 2023
In July 2023, the average phenylacetic acid export price amounted to $16,327 per ton, surging by 7.2% against the previous month. Over the period under review, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in August 2022 an increase of 18% against the previous month. As a result, the export price attained the peak level of $17,153 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belarus ($83,137 per ton), while the average price for exports to the UK ($11,723 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Phenylacetic Acid Price in Poland (CIF) - 2022
The average phenylacetic acid import price stood at $10,694 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenylacetic acid import price decreased by -9.1% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 28%. The import price peaked at $11,766 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($121,146 per ton), while the price for Belgium ($4,571 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenylacetic Acid Exports in Poland
In 2022, shipments abroad of phenylacetic acid, its salts and esters decreased by -23% to 417 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 8.8%. As a result, the exports reached the peak of 541 tons, and then shrank significantly in the following year.
In value terms, phenylacetic acid exports totaled $6.7M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Phenylacetic Acid in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,205 | 2,274 | 2,380 | 1,814 | -6.3% |
| Italy | 1,070 | 1,038 | 1,317 | 1,473 | 11.2% |
| United States | 1,001 | 1,012 | 1,295 | 1,176 | 5.5% |
| France | 221 | 200 | 343 | 370 | 18.7% |
| Belarus | 2.3 | 2.5 | 3.2 | 303 | 408.8% |
| Turkey | 222 | 221 | 277 | 258 | 5.1% |
| Portugal | N/A | N/A | 5.4 | 226 | 4085.2% |
| Brazil | N/A | N/A | N/A | 208 | 0% |
| Spain | 92.5 | 81.0 | 99.2 | 192 | 27.6% |
| Lithuania | N/A | N/A | 7.5 | 158 | 2006.7% |
| Taiwan (Chinese) | N/A | 58.8 | 89.7 | 126 | 46.4% |
| United Kingdom | 266 | 316 | 248 | 122 | -22.9% |
| Russia | 155 | 204 | 211 | 49.9 | -31.5% |
| Others | 134 | 250 | 313 | 203 | 14.8% |
| Total | 5,370 | 5,657 | 6,589 | 6,680 | 7.5% |
Top Export Markets for Phenylacetic Acid from Poland in 2022:
- Germany (120.5 tons)
- Italy (100.2 tons)
- United States (65.0 tons)
- France (23.1 tons)
- Belarus (22.7 tons)
- Turkey (14.4 tons)
- Brazil (11.9 tons)
- Portugal (11.4 tons)
- Spain (10.1 tons)
- United Kingdom (9.2 tons)
- Lithuania (7.5 tons)
- Taiwan (Chinese) (6.8 tons)
- Russia (3.6 tons)
Phenylacetic Acid Imports in Poland
In 2022, supplies from abroad of phenylacetic acid, its salts and esters decreased by -20.4% to 450 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 4.4%. As a result, imports attained the peak of 603 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, phenylacetic acid imports declined to $4.8M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of $7.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Phenylacetic Acid in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,227 | 1,592 | 1,115 | 1,961 | -4.2% |
| Germany | 1,637 | 1,901 | 2,282 | 1,236 | -8.9% |
| India | 1,354 | 1,214 | 947 | 1,145 | -5.4% |
| Austria | 243 | 551 | 462 | 236 | -1.0% |
| Belgium | 8.6 | 1,532 | 191 | 107 | 131.7% |
| Netherlands | 187 | 68.7 | 67.4 | 11.8 | -60.2% |
| Others | 736 | 233 | 325 | 111 | -46.8% |
| Total | 6,393 | 7,092 | 5,390 | 4,807 | -9.1% |
Top Suppliers of Phenylacetic Acid to Poland in 2022:
- China (210.7 tons)
- Germany (130.9 tons)
- India (69.0 tons)
- Belgium (23.5 tons)
- Austria (9.7 tons)
- Netherlands (2.1 tons)
This report provides an in-depth analysis of the phenylacetic acid 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 20143367 - Phenylacetic acid, its salts and esters
- Prodcom 20143370 - Aromatic monocarboxylic acids, (anhydrides), halides, p eroxides, peroxyacids, derivatives excluding benzoic acid, p henylacetic acids their salts/esters, benzoyl peroxide, b enzoyl chloride
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
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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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