Report Update: May 1, 2024

Poland - Hot-Rolled Steel Bars and Rods - Market Analysis, Forecast, Size, Trends and Insights

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Price for Hot-Rolled Steel Bar and Rod in Poland - 2023

Price for Hot-Rolled Steel Bar and Rod in Poland (CIF) - 2023

In July 2023, the average import price for hot-rolled steel bars and rods amounted to $971 per ton, rising by 8.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 8.2% month-to-month. Over the period under review, average import prices reached the maximum at $1,084 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($1,543 per ton), while the price for Moldova ($621 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 Austria (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hot-Rolled Steel Bar and Rod in Poland (FOB) - 2023

In July 2023, the average export price for hot-rolled steel bars and rods amounted to $857 per ton, waning by -8% against the previous month. Overall, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 7.5% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,082 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In July 2023, the highest price was recorded for prices to France ($1,063 per ton) and Germany ($969 per ton), while the average price for exports to Australia ($725 per ton) and the Czech Republic ($734 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Hot-Rolled Steel Bar and Rod in Poland

In 2022, approx. 1.4M tons of hot-rolled steel bars and rods were imported into Poland; reducing by -22.9% compared with 2021 figures. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51%. As a result, imports reached the peak of 1.8M tons, and then contracted remarkably in the following year.

In value terms, hot-rolled steel bar and rod imports reduced slightly to $1.6B in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 122% against the previous year. As a result, imports reached the peak of $1.6B, and then shrank modestly in the following year.

Import of Hot-Rolled Steel Bar and Rod in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	304	243	441	404	9.9%
Italy	77.0	64.2	197	240	46.1%
Czech Republic	125	120	285	233	23.1%
Ukraine	25.5	23.3	45.6	140	76.4%
Hungary	55.9	52.2	102	94.4	19.1%
Belarus	36.0	52.0	136	42.7	5.9%
Moldova	38.6	24.6	127	40.9	1.9%
Lithuania	4.2	20.0	49.0	34.6	102.0%
Romania	2.9	0.2	4.3	22.6	98.3%
Russia	65.5	23.3	45.2	17.7	-35.3%
Others	142	104	183	308	29.4%
Total	877	727	1,615	1,578	21.6%

Top Suppliers of Hot-Rolled Steel Bar and Rod to Poland in 2022:

Germany (351.3K tons)
Italy (213.7K tons)
Czech Republic (198.4K tons)
Ukraine (157.1K tons)
Hungary (92.7K tons)
Belarus (51.9K tons)
Moldova (46.9K tons)
Lithuania (32.5K tons)
Romania (23.5K tons)
Russia (18.2K tons)

Exports of Hot-Rolled Steel Bar and Rod in Poland

For the fourth consecutive year, Poland recorded growth in shipments abroad of hot-rolled steel bars and rods, which increased by 9.4% to 1.6M tons in 2022. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled steel bar and rod exports skyrocketed to $1.8B in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Hot-Rolled Steel Bar and Rod in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	200	197	321	530	38.4%
Czech Republic	171	186	320	417	34.6%
Slovakia	87.7	84.7	141	167	23.9%
Italy	71.8	52.5	93.6	110	15.3%
Lithuania	23.0	25.2	30.8	60.9	38.3%
Hungary	47.8	37.1	51.6	60.0	7.9%
Denmark	34.6	28.2	34.6	47.9	11.5%
Romania	18.1	18.5	27.0	41.2	31.5%
Sweden	19.1	15.1	30.7	40.7	28.7%
France	15.6	10.7	20.5	35.5	31.5%
Australia	18.3	14.4	37.6	13.2	-10.3%
Others	110	119	189	320	42.8%
Total	817	789	1,298	1,844	31.2%

Top Export Markets for Hot-Rolled Steel Bar and Rod from Poland in 2022:

Germany (440.2K tons)
Czech Republic (364.0K tons)
Slovakia (146.1K tons)
Italy (92.6K tons)
Lithuania (52.5K tons)
Hungary (50.3K tons)
Denmark (39.0K tons)
Romania (38.4K tons)
Sweden (30.3K tons)
France (27.1K tons)
Australia (14.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hot-rolled steel bar and rod 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
Prodcom 24106120 - Wire rod of free-cutting steel
Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
Prodcom 24106140 - Wire rod for tyre cord
Prodcom 24106190 - Other wire rod (of non-alloy steel)
Prodcom 24106210 - Hot-rolled concrete reinforcing bars
Prodcom 24106230 - Hot-rolled bars in free-cutting steels
Prodcom 24106250 - Forged bars of steel and hot-rolled bars (excluding hollow drill bars and rods) of non-alloy steel (of other than of free-cutting steel)
Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
Prodcom 24106410 - Hot-rolled round bars, of stainless steel
Prodcom 24106430 - Bars and rods of stainless steel, only hot-rolled, only hotdrawn or only extruded (excluding of circular cross-section)
Prodcom 24106510 - Bars and rods of high-speed steel, hot-rolled, in irregularly wound coils
Prodcom 24106530 - Bars and rods of silico-manganese steel, hot-rolled, in irregularly wound coils
Prodcom 24106550 - Hot-rolled wire rod, of bearing steel
Prodcom 24106570 - Bars and rods of alloy steel other than stainless, hot-rolled, in irregularly wound coils (excluding products of bearing steel, h igh-speed steel or silico-manganese steel)
Prodcom 24106630 - Hot-rolled bars in bearing steels
Prodcom 24106640 - Hot-rolled bars in tool steels
Prodcom 24106650 - Hot-rolled bars (excluding hollow drill bars and rods) of alloy steel (other than of stainless, tool, silico-manganese, bearing and high speed steel)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023