The Iron Oxides and Hydroxides market in Poland has shown varied trends from 2012 to 2022. The market value fluctuated over these years, starting at 16.647 million Euros in 2012, dipping significantly by 14.22% in 2013, and then stabilizing with minor year-on-year variations. By 2022, the market value settled at 15.283 million Euros, showing a marginal year-on-year increase of 0.15%. Over the last five years, the compound annual growth rate (CAGR) was -0.89%, indicating a slight downward trend overall.
Looking forward into 2024 and beyond, the market is expected to stabilize and potentially grow as industrial applications and technological advancements in sectors utilizing iron oxides and hydroxides may drive demand. Future trends to watch for include environmental regulations, advancements in material science, and increasing applications in construction, coatings, and pigments industries, potentially boosting market value in Poland.
How does Poland rank in Iron Oxides and Hydroxides Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 494,110,000 | 2023 | +1.54% | +2.93% | View data |
| 2 | 2 Poland | 331,510,000 | 2023 | +0.2% | +0.3% | |
| 3 | 3 United Kingdom | 28,271,000 | 2023 | +0.45% | +1.93% | View data |
| 4 | 4 Spain | 12,572,000 | 2023 | -3.42% | -4.83% | View data |
| 5 | 5 Romania | 3,236,500 | 2023 | +1.74% | +2.54% | View data |
