Eastern Europe: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in Eastern Europe

The East European polycarboxylic acid market expanded sharply to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Polycarboxylic Acid Production in Eastern Europe

In value terms, polycarboxylic acid production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked in 2022 and is likely to see gradual growth in years to come.

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Polycarboxylic Acid Exports

Exports in Eastern Europe

In 2022, exports of polycarboxylic acids in Eastern Europe fell to X tons, which is down by X% against 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, polycarboxylic acid exports expanded notably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Poland (X tons) was the main exporter of polycarboxylic acids, generating X% of total exports. It was distantly followed by Russia (X tons) and Belarus (X tons), together making up a X% share of total exports. Hungary (X tons), Lithuania (X tons) and the Czech Republic (X tons) held a minor share of total exports.

Poland experienced a relatively flat trend pattern with regard to volume of exports of polycarboxylic acids. At the same time, Belarus (X%), Lithuania (X%), Hungary (X%), Russia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.) and Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest polycarboxylic acid supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, polycarboxylic acid exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a mild setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Polycarboxylic Acid Imports

Imports in Eastern Europe

In 2022, imports of polycarboxylic acids in Eastern Europe shrank to X tons, reducing by X% against 2021. Total imports indicated a temperate increase 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. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, polycarboxylic acid imports rose significantly to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Lithuania represented the key importer of polycarboxylic acids in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Russia (X tons) took the second position in the ranking, distantly followed by Poland (X tons) and Belarus (X tons). All these countries together took approx. X% share of total imports. The Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid importing markets in Eastern Europe were Lithuania ($X), Russia ($X) and Poland ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked 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 importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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