Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (CIF) - 2024
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,379 per ton in January 2024, with a decrease of -18% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 7% m-o-m. The import price peaked at $1,894 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for the Czech Republic amounted to -0.2% per month.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $2,103 per ton, jumping by 20% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by +45.9% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 56%. Over the period under review, the average export prices attained the peak figure at $3,160 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($7,155 per ton), while the average price for exports to Austria ($1,499 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Poland reduced to 36K tons in 2022, shrinking by -9.6% on 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 40K tons, and then dropped in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses expanded rapidly to $62M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +76.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.0 | 10.5 | 18.1 | 62.7% |
| Slovakia | 9.3 | 8.9 | 13.8 | 15.8 | 19.3% |
| Czech Republic | 7.6 | 6.8 | 11.8 | 13.6 | 21.4% |
| Lithuania | 2.3 | 4.1 | 5.8 | 4.1 | 21.3% |
| Belarus | 8.9 | 6.7 | 9.5 | 3.8 | -24.7% |
| Germany | 2.6 | 1.5 | 1.9 | 2.5 | -1.3% |
| Italy | 4.3 | 1.8 | 0.3 | 0.3 | -58.8% |
| Others | 1.5 | 1.5 | 1.9 | 4.0 | 38.7% |
| Total | 40.7 | 35.3 | 55.4 | 62.3 | 15.2% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Poland in 2022:
- Slovakia (10.2K tons)
- China (8.5K tons)
- Czech Republic (8.0K tons)
- Lithuania (3.7K tons)
- Belarus (3.0K tons)
- Germany (1.1K tons)
- Italy (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland
In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -44% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses reduced remarkably to $8.2M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of $12M, and then shrank rapidly in the following year.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,657 | 2,474 | 3,433 | 2,092 | -7.7% |
| Czech Republic | 1,072 | 1,160 | 2,024 | 1,458 | 10.8% |
| Sweden | 854 | 945 | 1,391 | 1,162 | 10.8% |
| Austria | 223 | 616 | 1,308 | 721 | 47.9% |
| Hungary | 406 | 520 | 625 | 552 | 10.8% |
| Lithuania | 673 | 628 | 196 | 455 | -12.2% |
| Ukraine | 313 | 268 | 425 | 371 | 5.8% |
| Serbia | 28.9 | 38.1 | 37.0 | 146 | 71.6% |
| Slovakia | 284 | 467 | 147 | 104 | -28.5% |
| Belarus | 188 | 266 | 170 | 103 | -18.2% |
| Saudi Arabia | 623 | 1,323 | 1,376 | N/A | 48.6% |
| Others | 935 | 965 | 1,157 | 1,080 | 4.9% |
| Total | 8,256 | 9,670 | 12,287 | 8,244 | -0.0% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Poland in 2022:
- Germany (1093.1 tons)
- Sweden (727.1 tons)
- Austria (480.7 tons)
- Czech Republic (464.5 tons)
- Hungary (347.7 tons)
- Lithuania (168.7 tons)
- Ukraine (124.4 tons)
- Serbia (64.6 tons)
- Belarus (40.6 tons)
- Slovakia (39.9 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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