Poland: Toluene Market 2024

Toluene Market Size in Poland

In 2022, the Polish toluene market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption faced a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Toluene Production in Poland

In value terms, toluene production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a deep setback. The growth pace was the most rapid in 2021 with an increase of X%. Toluene production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Toluene Exports

Exports from Poland

In 2022, overseas shipments of toluene decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, toluene exports skyrocketed to $X in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Hungary totaled 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, the largest markets for toluene exported from Poland were Hungary ($X), Germany ($X) and Romania ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average toluene export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and Germany ($X per ton), while the average price for exports to Lithuania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.

Toluene Imports

Imports into Poland

In 2022, the amount of toluene imported into Poland reduced modestly to X tons, with a decrease of X% on the year before. Overall, imports showed a slight setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, toluene imports skyrocketed to $X in 2022. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Slovakia (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of toluene imports to Poland, together comprising X% of total imports. Hungary, Belgium and Serbia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Slovakia ($X), Germany ($X) and the Czech Republic ($X) constituted the largest toluene suppliers to Poland, together accounting for X% of total imports. Hungary, Serbia and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to 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 toluene import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Serbia ($X per ton) and Germany ($X per ton), while the price for the Czech Republic ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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