Report Update: Apr 1, 2024

Poland - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Synthetic Rubber Price in Poland - 2023

Synthetic Rubber Price in Poland (CIF) - 2023

In July 2023, the average synthetic rubber import price amounted to $2,410 per ton, with a decrease of -8% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 10% m-o-m. As a result, import price attained the peak level of $2,775 per ton. From December 2022 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($3,892 per ton), while the price for Saudi Arabia ($1,460 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Synthetic Rubber Price in Poland (FOB) - 2023

The average synthetic rubber export price stood at $1,797 per ton in July 2023, with a decrease of -5.1% against the previous month. Overall, the export price showed a slight contraction. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6% month-to-month. Over the period under review, the average export prices hit record highs at $2,273 per ton in September 2022; however, from October 2022 to July 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In July 2023, the countries with the highest prices were Germany ($2,016 per ton) and Hungary ($1,973 per ton), while the average price for exports to Thailand ($1,560 per ton) and India ($1,574 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.4%), while the prices for the other major destinations experienced a decline.

Synthetic Rubber Imports in Poland

Synthetic rubber imports into Poland declined to 317K tons in 2022, with a decrease of -7.4% against 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 342K tons, and then declined in the following year.

In value terms, synthetic rubber imports reduced dramatically to $613M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $728M, and then reduced remarkably in the following year.

Import of Synthetic Rubber in Poland (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Russia	199	167	247	11.4%
Germany	89.8	91.0	136	23.1%
Belgium	11.7	38.6	48.1	102.8%
France	29.0	32.3	43.8	22.9%
South Korea	27.1	18.8	36.8	16.5%
Italy	28.2	24.3	34.7	10.9%
Netherlands	15.2	21.8	32.8	46.9%
United States	62.9	14.4	26.2	-35.5%
Thailand	13.2	16.2	22.0	29.1%
Czech Republic	18.0	12.7	21.5	9.3%
Japan	38.7	11.8	14.2	-39.4%
Spain	6.8	9.2	10.8	26.0%
Others	63.8	39.1	53.7	-8.3%
Total	603	497	728	9.9%

Top Suppliers of Synthetic Rubber to Poland in 2022:

Russia (130.9K tons)
Germany (68.8K tons)
France (17.4K tons)
Belgium (17.1K tons)
South Korea (16.3K tons)
Italy (14.4K tons)
Czech Republic (12.7K tons)
Netherlands (12.4K tons)
United States (9.2K tons)
Thailand (8.0K tons)
Spain (7.0K tons)
Japan (4.9K tons)

Synthetic Rubber Exports in Poland

In 2022, synthetic rubber exports from Poland was estimated at 336K tons, stabilizing at the year before. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 6%. As a result, the exports reached the peak of 336K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, synthetic rubber exports fell markedly to $510M in 2022. In general, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $616M, and then declined notably in the following year.

Export of Synthetic Rubber in Poland (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	60.7	53.1	78.8	13.9%
India	30.2	25.9	63.3	44.8%
Brazil	29.8	34.5	62.9	45.3%
China	66.2	61.7	53.9	-9.8%
Czech Republic	16.9	16.8	31.4	36.3%
France	33.5	20.4	29.7	-5.8%
Italy	13.9	12.5	24.4	32.5%
South Africa	11.5	8.3	23.0	41.4%
Turkey	17.9	12.9	21.9	10.6%
Hong Kong SAR	5.3	9.0	16.7	77.5%
Slovenia	12.7	10.2	16.6	14.3%
Belgium	4.2	7.1	16.1	95.8%
Thailand	30.7	22.0	15.8	-28.3%
Others	139	110	162	8.0%
Total	473	404	616	14.1%

Top Export Markets for Synthetic Rubber from Poland in 2022:

Germany (40.8K tons)
India (35.1K tons)
Brazil (34.5K tons)
China (31.8K tons)
Czech Republic (16.5K tons)
France (14.7K tons)
Turkey (12.2K tons)
South Africa (12.1K tons)
Italy (11.4K tons)
Hong Kong SAR (11.2K tons)
Thailand (9.3K tons)
Slovenia (9.2K tons)
Belgium (9.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the synthetic rubber 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 20171050 - Synthetic latex rubber
Prodcom 20171090 - Synthetic rubber (excluding latex)

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