Poland: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Poland

The Polish glycosides and vegetable alkaloids market rose remarkably to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Glycosides and vegetable alkaloids consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Glycosides And Vegetable Alkaloids in Poland

In value terms, glycosides and vegetable alkaloids production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of X%. Glycosides and vegetable alkaloids production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports from Poland

In 2022, after two years of growth, there was significant decline in shipments abroad of glycosides and vegetable alkaloids, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, glycosides and vegetable alkaloids exports expanded sharply to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Hungary (X tons) was the main destination for glycosides and vegetable alkaloids exports from Poland, with a X% share of total exports. Moreover, glycosides and vegetable alkaloids exports to Hungary exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Romania (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Romania (X% per year).

In value terms, Germany ($X), Estonia ($X) and Hungary ($X) appeared to be the largest markets for glycosides and vegetable alkaloids exported from Poland worldwide, together accounting for X% of total exports.

Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 glycosides and vegetable alkaloids export price amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a deep setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Hungary ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides And Vegetable Alkaloids

Imports into Poland

In 2022, purchases abroad of glycosides and vegetable alkaloids decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, glycosides and vegetable alkaloids imports surged to $X in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glycosides and vegetable alkaloids to Poland, accounting for a X% share of total imports. Moreover, glycosides and vegetable alkaloids imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, the largest glycosides and vegetable alkaloids suppliers to Poland were China ($X), India ($X) and Germany ($X), together accounting for X% of total imports. France, the Netherlands, Ireland and Sweden lagged somewhat behind, together comprising a further X%.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glycosides and vegetable alkaloids import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 India ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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