Poland - Hot-Rolled Bars In Bearing Steels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Bearing Steel Bar in Poland - 2023
Contents:
- Price for Hot-Rolled Bearing Steel Bar in Poland (CIF) - 2023
- Price for Hot-Rolled Bearing Steel Bar in Poland (FOB) - 2023
- Imports of Hot-Rolled Bearing Steel Bar in Poland
- Exports of Hot-Rolled Bearing Steel Bar in Poland
Price for Hot-Rolled Bearing Steel Bar in Poland (CIF) - 2023
The average hot-rolled bearing steel bar import price stood at $1,622 per ton in July 2023, which is down by -2.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 17% against the previous month. Over the period under review, average import prices reached the maximum at $1,716 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($2,195 per ton), while the price for China ($1,149 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hot-Rolled Bearing Steel Bar in Poland (FOB) - 2023
The average hot-rolled bearing steel bar export price stood at $1,296 per ton in July 2023, which is down by -3.4% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 7.8% month-to-month. The export price peaked at $1,430 per ton in August 2022; however, from September 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($1,914 per ton), while the average price for exports to Romania ($1,123 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Hot-Rolled Bearing Steel Bar in Poland
In 2022, purchases abroad of hot-rolled bars in bearing steels decreased by -35% to 147K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of 226K tons, and then dropped notably in the following year.
In value terms, hot-rolled bearing steel bar imports declined to $216M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +63.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. As a result, imports attained the peak of $239M, and then declined in the following year.
| Import of Hot-Rolled Bearing Steel Bar in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.2 | 44.5 | 54.1 | 62.4 | 3.5% |
| Czech Republic | 18.2 | 15.4 | 30.6 | 41.8 | 31.9% |
| Sweden | 17.8 | 15.2 | 24.6 | 27.8 | 16.0% |
| Moldova | 0.4 | 4.5 | 54.7 | 11.6 | 207.2% |
| China | 1.1 | 0.3 | 1.3 | 9.2 | 103.0% |
| Russia | 16.8 | 11.2 | 5.5 | 7.5 | -23.6% |
| Belarus | 6.6 | 7.7 | 14.4 | 6.9 | 1.5% |
| Lithuania | 0.3 | 5.4 | 9.3 | 6.3 | 175.9% |
| Slovenia | 5.1 | 3.9 | 4.7 | 5.9 | 5.0% |
| Italy | 5.2 | 2.5 | 9.0 | 5.6 | 2.5% |
| Japan | 2.6 | 2.6 | 3.9 | 5.5 | 28.4% |
| Finland | 1.8 | 2.2 | 4.7 | 4.6 | 36.7% |
| Austria | 5.4 | 4.7 | 5.8 | 4.5 | -5.9% |
| Others | 15.5 | 11.9 | 16.7 | 16.6 | 2.3% |
| Total | 153 | 132 | 239 | 216 | 12.2% |
Top Suppliers of Hot-Rolled Bearing Steel Bar to Poland in 2022:
- Germany (40.9K tons)
- Czech Republic (27.5K tons)
- Sweden (16.3K tons)
- Moldova (14.5K tons)
- Lithuania (6.3K tons)
- Belarus (6.2K tons)
- Russia (6.0K tons)
- China (5.8K tons)
- Italy (3.8K tons)
- Slovenia (3.5K tons)
- Finland (3.2K tons)
- Japan (2.9K tons)
- Austria (2.7K tons)
Exports of Hot-Rolled Bearing Steel Bar in Poland
For the fourth year in a row, Poland recorded growth in shipments abroad of hot-rolled bars in bearing steels, which increased by 2% to 163K tons in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, hot-rolled bearing steel bar exports skyrocketed to $229M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Hot-Rolled Bearing Steel Bar in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.7 | 33.2 | 66.5 | 87.5 | 46.7% |
| Italy | 14.9 | 12.4 | 23.7 | 27.9 | 23.3% |
| Czech Republic | 16.2 | 12.3 | 22.6 | 25.7 | 16.6% |
| France | 4.0 | 2.8 | 5.4 | 12.2 | 45.0% |
| Austria | 2.1 | 2.5 | 6.0 | 8.3 | 58.1% |
| United Kingdom | 2.4 | 1.2 | 3.8 | 7.2 | 44.2% |
| Lithuania | 3.0 | 2.8 | 5.5 | 7.1 | 33.3% |
| Slovakia | 8.1 | 3.7 | 4.5 | 6.5 | -7.1% |
| Romania | 2.0 | 2.6 | 4.6 | 6.1 | 45.0% |
| Slovenia | 0.4 | 1.9 | 2.9 | 5.1 | 133.6% |
| Hungary | 3.1 | 3.3 | 5.7 | 4.3 | 11.5% |
| Others | 17.5 | 16.0 | 26.3 | 31.1 | 21.1% |
| Total | 102 | 94.7 | 178 | 229 | 30.9% |
Top Export Markets for Hot-Rolled Bearing Steel Bar from Poland in 2022:
- Germany (62.1K tons)
- Italy (21.2K tons)
- Czech Republic (18.2K tons)
- France (9.2K tons)
- Austria (6.1K tons)
- Romania (5.1K tons)
- United Kingdom (4.5K tons)
- Lithuania (4.2K tons)
- Slovakia (4.0K tons)
- Slovenia (3.8K tons)
- Hungary (3.0K tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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