Poland: Market for Refined or Synthetic Glycerol 2024

Market Size for Refined or Synthetic Glycerol in Poland

The Polish refined or synthetic glycerol market contracted notably to $X in 2022, declining by X% against the previous year. Overall, consumption faced a deep contraction. Refined or synthetic glycerol consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Refined or Synthetic Glycerol in Poland

In value terms, refined or synthetic glycerol production dropped slightly to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then dropped slightly in the following year.

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Exports of Refined or Synthetic Glycerol

Exports from Poland

In 2022, shipments abroad of refined or synthetic glycerol increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, refined or synthetic glycerol exports expanded sharply to $X in 2022. Over the period under review, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Romania (X tons) were the main destinations of refined or synthetic glycerol exports from Poland, with a combined X% share of total exports. Italy, Russia, Lithuania, Ukraine, Belarus, the Netherlands, Denmark, Turkey and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refined or synthetic glycerol exported from Poland were the Czech Republic ($X), Germany ($X) and Italy ($X), together comprising X% of total exports. Russia, Romania, Ukraine, Lithuania, Belarus, the Netherlands, Turkey, Denmark and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average refined or synthetic glycerol export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a temperate increase. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined or Synthetic Glycerol

Imports into Poland

In 2022, approx. X tons of refined or synthetic glycerol were imported into Poland; surging by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, refined or synthetic glycerol imports skyrocketed to $X in 2022. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of refined or synthetic glycerol to Poland, with a X% share of total imports. Moreover, refined or synthetic glycerol imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) constituted the largest supplier of refined or synthetic glycerol to Poland, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average refined or synthetic glycerol import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform