Earlier Report Observations
The acetone market in Poland contracted from 14 275 tonnes in 2018 to 11 714 tonnes in 2020. The decline in 2020 coincided with the COVID-19 pandemic, which disrupted supply chains and reduced industrial demand for chemicals.
A sharp recovery followed in 2021, with market volume jumping 38% to 16 197 tonnes. This surge was driven by the expansion of Poland's cosmetics industry, where acetone is used as a solvent in manufacturing, increasing domestic consumption.
Market growth continued, reaching 18 466 tonnes in 2024. Although domestic production declined, the market remained resilient despite inflationary pressures and higher energy costs that affected production expenses in 2022.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2022, 2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2022, 2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Poland
- 5.1.1. In kind, 2018-2022, 2024, t
- 5.1.2. In value, 2018-2022, 2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Poland
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Poland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Poland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Poland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Poland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Poland, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Poland by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Poland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Poland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Poland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Poland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Poland, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Poland by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Poland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Poland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Poland in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Poland by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Poland, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Poland by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Poland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Poland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Poland in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Poland by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Poland, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Poland by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production acetone in Poland
In value, 2017-2020, K $ US
After two years of decline, acetone production in Poland rebounded. In 2020, output was valued at 25 835 K $ US, representing a significant 69.8% increase compared to 2019. Over the 2017-2020 period, production decreased by 8.2%, with a compound annual growth rate of 2.8%. The lowest value was recorded in 2019 at 15 219 K $ US, which also saw the largest decline of 32.2%.
Annual dynamics of production in Poland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.2%) | (32.2%) | 69.8% | (2.8%) |
In kind, 2017-2020, t
Following two years of growth, acetone production in Poland experienced a decline. In 2020, Poland produced 28 750 tonnes of acetone, showing a slight decrease of 0.6% compared to 2019. Between 2017 and 2020, production increased by 6.6%, equating to an annualized growth rate of 2.1%. The peak was reached in 2019 with 28 918 tonnes, while the largest increase of 6.8% occurred in 2018.
Annual dynamics of production in Poland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.8% | 0.3% | (0.6%) | 2.1% |
Exports acetone from Poland
Exports in kind, t
Acetone exports from Poland increased for the second consecutive year. In 2020, export volume reached 20 602 tonnes, up by 2.2% compared to the previous year. Over the 2017-2020 period, exports decreased by 3.8%, with a compound annual growth rate of 1.3%. The lowest value was recorded in 2018 at 18 716 tonnes, which also saw the largest decline of 12.6%. The most significant increase of 7.7% occurred in 2019.
Annual dynamics of product's exports from Poland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.6%) | 7.7% | 2.2% | (1.3%) |
From 2017 to 2020, the three largest markets for Poland's acetone exports in kind were Romania, Germany, and Italy, which together accounted for 51.2% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Poland in kind, 2017-2020
Exports in value, K $ US
The market exhibited volatility during the observed period. The highest value was noted in 2017, while the lowest occurred in 2019, with a peak-to-trough ratio of 2.1 times. In 2020, Poland's acetone exports amounted to 18 184 K $ US, marking a sharp rise of 78.4% from 2019. The minimum value was recorded in 2019 at 10 191 K $ US, and the largest decline of 40.3% took place in 2018.
Annual dynamics of product's exports from Poland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (40.3%) | (22.0%) | 78.4% | (6.0%) |
Between 2017 and 2020, Germany (21.5% of exports in value terms), Romania (18.5%), and Italy (11.5%) made the largest contributions to Poland's acetone exports by value, jointly accounting for 51.5% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Poland in value, 2017-2020
Imports acetone to Poland
Imports in kind, t
In 2020, Poland's acetone imports reached 3 565 tonnes, which is 17.9% less compared to 2019. Over the 2017-2020 period, imports decreased by 24.2%, with a compound annual growth rate of 8.8%. The largest increase of 4.2% was recorded in 2019.
Annual dynamics of product's imports to Poland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.4%) | 4.2% | (17.9%) | (8.8%) |
Throughout 2017-2020, Germany (54.7% of imports in kind), Russia (25.0%), and Latvia (3.8%) formed the key group of partners for Poland's acetone imports in kind, jointly representing 83.5% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Poland in kind, 2017-2020
Imports in value, K $ US
After two years of reduction, Poland's acetone imports by value increased. In 2020, imports amounted to 3 074 K $ US, indicating a rise of 31.9% compared to the previous year. Over the 2017-2020 period, imports decreased by 34.9%, with a compound annual growth rate of 13.4%. The lowest value was recorded in 2019 at 2 331 K $ US, which also saw the largest decline of 36.1%.
Annual dynamics of product's imports to Poland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.8%) | (36.1%) | 31.9% | (13.4%) |
From 2017 to 2020, Germany (57.4% of imports in value terms), Russia (19.5%), and Italy (3.6%) consistently held leading positions in Poland's acetone import structure by value, jointly accounting for 80.5% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Poland in value, 2017-2020
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