Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland (FOB) - 2023
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland (CIF) - 2022
3. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland
4. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland (FOB) - 2023

In November 2023, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $110K per ton, reducing by -7.3% against the previous month. Over the last eleven months, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in October 2023 an increase of 29% month-to-month. As a result, the export price reached the peak level of $118K per ton, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was India ($192K per ton), while the average price for exports to Taiwan (Chinese) ($54,736 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $128,675 per ton, surging by 129% against the previous year. In general, the import price showed a noticeable expansion. The most prominent rate of growth was recorded in 2018 an increase of 664% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($952,590 per ton), while the price for Latvia ($15,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland

In 2022, approx. 160 tons of balances; of a sensitivity of 5cg or better, with or without weightses were exported from Poland; which is down by -28.4% on the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports reached the peak of 223 tons, and then shrank notably in the following year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses dropped markedly to $14M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $17M, and then dropped sharply in the following year.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Poland in 2022:

1. United States (47.1 tons)
2. India (9.5 tons)
3. Germany (9.3 tons)
4. Italy (8.4 tons)
5. Turkey (6.1 tons)
6. France (5.7 tons)
7. Iran (4.3 tons)
8. Israel (4.2 tons)
9. Bangladesh (3.8 tons)
10. Spain (3.5 tons)
11. Switzerland (3.3 tons)
12. Brazil (2.8 tons)
13. Greece (2.8 tons)

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Poland

After three years of growth, supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -51% to 30 tons in 2022. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports reached the peak of 62 tons, and then dropped notably in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses expanded slightly to $3.5M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Poland in 2022:

1. Germany (14.4 tons)
2. China (9.4 tons)
3. Netherlands (2.6 tons)
4. United States (0.7 tons)
5. Latvia (0.7 tons)
6. Taiwan (Chinese) (0.6 tons)

Source: IndexBox Market Intelligence Platform