Poland: Ethylene Polymer Bag Market 2024

Ethylene Polymer Bag Market Size in Poland

The Polish ethylene polymer bag market dropped to $X in 2022, declining by -9.7% against the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Ethylene Polymer Bag Production in Poland

In value terms, ethylene polymer bag production reduced to $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +10.3% against 2020 indices. The growth pace was the most rapid in 2021 when the production volume increased by 21%. As a result, production reached the peak level of $X, and then reduced in the following year.

Ethylene Polymer Bag Exports

Exports from Poland

For the eleventh consecutive year, Poland recorded growth in overseas shipments of sacks and bags of polymers of ethylene, which increased by 3.4% to X tons in 2022. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 19%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, ethylene polymer bag exports rose markedly to $X in 2022. In general, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 28%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for ethylene polymer bag exports from Poland, accounting for a 33% share of total exports. Moreover, ethylene polymer bag exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+22.9% per year) and the Netherlands (+22.4% per year).

In value terms, Germany ($X) remains the key foreign market for sacks and bags of polymers of ethylene exports from Poland, comprising 32% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports. It was followed by the UK, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+20.7% per year) and the UK (+15.1% per year).

Export Prices by Country

The average ethylene polymer bag export price stood at $X per ton in 2022, picking up by 9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Russia ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports into Poland

For the fifth consecutive year, Poland recorded growth in overseas purchases of sacks and bags of polymers of ethylene, which increased by 16% to X tons in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +115.4% against 2013 indices. The growth pace was the most rapid in 2016 with an increase of 28% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, ethylene polymer bag imports totaled $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.9% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Vietnam (X tons) and Spain (X tons) were the main suppliers of ethylene polymer bag imports to Poland, together accounting for 64% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +52.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer bag suppliers to Poland were Germany ($X), Vietnam ($X) and China ($X), with a combined 56% share of total imports. France, Turkey, Spain, Italy, the Czech Republic, the Netherlands, Bangladesh and Malaysia lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, Spain, with a CAGR of +29.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene polymer bag import price stood at $X per ton in 2022, declining by -2.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 20%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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