The chemical industry report

During the first quarter of the current year there was a continuation of the increasing trend, visible in the previous year, however, the sale speed was slightly lower than in the general industry field.

During the first quarter of the current year, compared to the analogy period in 2005, the sold production of the chemical products increase with 11,4 %, where in March of the current year – with 12,2 %. In the sold production of the rubber products and goods made of plastics the increase during the period between January and March 2006 compared to January – March 2005 was 11,5 %, where the dynamics in March 2006 was 116,1 %.

The contribution of the production of chemical products in general industry field was 6,2 %, and compared to the I quarter of 2005 it decreased with 0,1 %,  while the participation of rubber products production and production of plastic products was 4,4 % and remained unchanged. Generally the chemical industry /department 24 and 25/  finished the first three monhts of  the year of 2006 with the sale value of 18 142,2 mln PLN, compared to 16 344,3 mln PLN in 2005.

Amongst the main products of the chemical industry, during the first months of 2006, compared to analogy period in 2005, the highest increase of production was noted for:

• polyethylene -  135,2 %
• polypropylene -  91,4 %
• toluene-  63,6 %
• ethylene -   61,1 %
• plastics in basic forms - 32,8 %
• carpets made of plastics - 19,5 %
• acetic acid -  14,5 %
• rubber products - 11,5 %

Where the highest decrease was noted for:

• tires for agricultural devices - 24,7 %
• potassium fertilizers - 17,3 %
• tires for trucks and heavy vehicles - 12,7 %
• phosphor fertilizers - 10,8 %

Within the structure of use of mineral fertilizers the dominating position have the following:

• nitrogen fertilizers - 55 %
• potassium fertilizers - 25 %
• phosphor fertilizers - 20 %

The market of production of mineral fertilizers depends mainly on the economic situation in agriculture. During the economic season of 2005/2006 it is expected to use similar amount of mineral fertilizers as during the season of  2004/2005. Despite the direct surcharges  for agriculture, there is no base to expect any increase of demand for mineral fertilizers. However, the economic and financial situation of the producers is still quite favorable.


Source: "INORG" Ltd. Report.
Authors: Marta Pabisiak, Adam Dudzisz, Lech Winiowski, Tomasz Stasiak

The first quarter of 2006 was a period of significant economic acceleration. According to the preliminary, estimated data, the increase of the National Gross Product during the first three months of the current year was 4,7 - 5,2 %.