Price for Iron or Steel; Cast Articles in Poland - 2023
Contents:
- Price for Iron or Steel; Cast Articles in Poland (FOB) - 2023
- Price for Iron or Steel; Cast Articles in Poland (CIF) - 2022
- Exports of Iron or Steel; Cast Articles in Poland
- Imports of Iron or Steel; Cast Articles in Poland
Price for Iron or Steel; Cast Articles in Poland (FOB) - 2023
The average export price for iron or steel; cast articleses stood at $2,895 per ton in June 2023, growing by 2.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in December 2022 an increase of 16% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($5,143 per ton), while the average price for exports to Slovakia ($2,147 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Poland (CIF) - 2022
In 2022, the average import price for iron or steel; cast articleses amounted to $3,176 per ton, increasing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2019 when the average import price increased by 25%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 France ($20,697 per ton), while the price for India ($1,861 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel; Cast Articles in Poland
Iron or steel; cast articles exports from Poland declined to 184K tons in 2022, reducing by -4.2% against the previous year's figure. Overall, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 17%.
In value terms, iron or steel; cast articles exports rose markedly to $447M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Iron or Steel; Cast Articles in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 155 | 123 | 155 | 199 | 8.7% |
| Italy | 52.3 | 39.2 | 52.7 | 60.3 | 4.9% |
| Hungary | 25.8 | 25.0 | 28.3 | 36.6 | 12.4% |
| Czech Republic | 29.8 | 19.7 | 24.1 | 30.5 | 0.8% |
| Sweden | 23.6 | 20.4 | 21.1 | 28.0 | 5.9% |
| France | 23.4 | 20.9 | 27.2 | 24.5 | 1.5% |
| Netherlands | 14.6 | 10.6 | 15.9 | 18.9 | 9.0% |
| Denmark | 11.9 | 11.9 | 12.7 | 14.1 | 5.8% |
| Slovakia | 4.1 | 4.5 | 6.1 | 8.8 | 29.0% |
| Belgium | 7.0 | 8.4 | 7.1 | 7.9 | 4.1% |
| Austria | 7.9 | 6.9 | 5.1 | 7.3 | -2.6% |
| Romania | 10.3 | 6.8 | 5.2 | 3.4 | -30.9% |
| Others | 33.0 | 34.3 | 40.7 | 7.8 | -38.2% |
| Total | 398 | 332 | 401 | 447 | 3.9% |
Top Export Markets for Iron or Steel; Cast Articles from Poland in 2022:
- Germany (81.7K tons)
- Italy (34.6K tons)
- Czech Republic (12.0K tons)
- Hungary (11.9K tons)
- Sweden (6.7K tons)
- Netherlands (6.1K tons)
- France (5.8K tons)
- Slovakia (3.1K tons)
- Denmark (3.0K tons)
- Belgium (3.0K tons)
- Austria (2.6K tons)
- Romania (1.4K tons)
Imports of Iron or Steel; Cast Articles in Poland
Iron or steel; cast articles imports into Poland expanded sharply to 69K tons in 2022, with an increase of 5.3% on the year before. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, iron or steel; cast articles imports soared to $219M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +61.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Cast Articles in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 42.6 | 27.4 | 46.8 | 73.3 | 19.8% |
| Germany | 32.1 | 37.0 | 38.0 | 45.9 | 12.7% |
| Spain | 33.0 | 5.1 | 9.2 | 23.8 | -10.3% |
| China | 8.5 | 5.5 | 8.3 | 14.7 | 20.0% |
| Ukraine | 0.8 | 1.4 | 2.1 | 12.9 | 152.6% |
| Czech Republic | 19.0 | 20.2 | 15.9 | 12.5 | -13.0% |
| Turkey | 4.3 | 4.6 | 5.8 | 9.5 | 30.2% |
| Denmark | 1.2 | 1.2 | 1.3 | 9.1 | 96.5% |
| India | 7.2 | 5.0 | 8.1 | 8.2 | 4.4% |
| Belgium | 2.5 | 7.0 | 8.1 | 7.3 | 42.9% |
| Russia | 3.3 | 1.1 | 4.3 | 0.4 | -50.5% |
| Others | 28.3 | 20.4 | 20.3 | 1.2 | -65.1% |
| Total | 183 | 136 | 168 | 219 | 6.2% |
Top Suppliers of Iron or Steel; Cast Articles to Poland in 2022:
- Germany (19.4K tons)
- Spain (11.8K tons)
- Turkey (5.0K tons)
- Czech Republic (4.9K tons)
- Denmark (4.4K tons)
- India (4.4K tons)
- Ukraine (3.9K tons)
- China (3.8K tons)
- France (3.5K tons)
- Belgium (2.7K tons)
- Russia (0.4K tons)
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