Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (CIF) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (FOB) - 2023
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (CIF) - 2023

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,818 per ton in November 2023, increasing by 12% against the previous month. Overall, the import price, however, recorded a mild reduction. The import price peaked at $4,569 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($12,084 per ton), while the price for Finland ($1,878 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (FOB) - 2023

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,694 per ton, surging by 3.4% against the previous month. Overall, the export price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 22% against the previous month. As a result, the export price attained the peak level of $5,543 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($8,246 per ton), while the average price for exports to Lithuania ($1,382 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland

In 2022, after two years of growth, there was decline in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume decreased by -3.1% to 99K tons. The total import volume increased at an average annual rate of +4.0% over the period from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, imports attained the peak of 102K tons, and then contracted in the following year.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $384M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2020 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Germany14518619114.8%
Italy26.432.032.310.6%
South Korea19.134.629.123.4%
Netherlands20.623.023.67.0%
France15.616.818.38.3%
Belgium8.212.213.126.4%
Hungary8.48.811.215.5%
Sweden6.36.97.37.6%
China2.84.76.451.2%
Spain4.66.16.317.0%
Turkey2.44.25.855.5%
Switzerland2.23.45.253.7%
Finland4.24.34.42.4%
Others44.930.629.9-18.4%
Total31137438411.1%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Poland in 2022:

  1. Germany (48.4K tons)
  2. Italy (10.3K tons)
  3. Netherlands (6.7K tons)
  4. Hungary (4.6K tons)
  5. Belgium (4.2K tons)
  6. France (3.7K tons)
  7. Finland (2.6K tons)
  8. Sweden (2.6K tons)
  9. China (2.5K tons)
  10. South Korea (2.5K tons)
  11. Turkey (2.0K tons)
  12. Spain (2.0K tons)
  13. Switzerland (1.6K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Poland reached 25K tons, leveling off at the previous year's figure. The total export volume increased at an average annual rate of +6.3% from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded markedly to $112M in 2022. The total export value increased at an average annual rate of +18.2% from 2020 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Poland (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Germany21.530.726.811.6%
Russia12.013.016.617.6%
Czech Republic7.19.48.610.1%
France3.98.17.841.4%
Belarus4.84.84.91.0%
Lithuania5.15.64.9-2.0%
Romania2.73.74.833.3%
Ukraine4.95.44.2-7.4%
United States1.41.23.455.8%
Slovakia2.12.62.917.5%
Turkey0.71.22.277.3%
Hungary1.72.12.213.8%
Others12.818.223.034.0%
Total80.510611218.0%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Poland in 2022:

  1. Russia (4.8K tons)
  2. Czech Republic (3.0K tons)
  3. Germany (2.9K tons)
  4. Lithuania (2.8K tons)
  5. Ukraine (1.8K tons)
  6. Romania (1.6K tons)
  7. France (1.5K tons)
  8. Slovakia (1.1K tons)
  9. Belarus (1.0K tons)
  10. Turkey (0.7K tons)
  11. Hungary (0.5K tons)
  12. United States (0.4K tons)

Source: IndexBox Market Intelligence Platform

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