Oil refinery capacities in Poland demonstrated relative stability from 2013 to 2021, with minor fluctuations around 581 thousand barrels per day. A temporary decline occurred in 2017, followed by a recovery. In 2022, a slight upward trend began, with capacities increasing by 0.5%, amounting to 584.28 thousand barrels per day, and continuing to 586.93 thousand barrels per day in 2023. This resulted in a 0.45% year-on-year increase in 2023. Over the past five years, the average annual growth (CAGR) was 0.19%.
Future trends to watch for:
- Continued gradual increases forecasted through 2028, though at a modest CAGR of 0.32%.
- Potential volatility in global oil markets and geopolitical factors that may influence refinery capacities.