Poland - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Poland - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Wire Product in Poland - 2023

Contents:

  1. Price for Iron or Steel Wire Product in Poland (FOB) - 2023
  2. Price for Iron or Steel Wire Product in Poland (CIF) - 2023
  3. Exports of Iron or Steel Wire Product in Poland
  4. Imports of Iron or Steel Wire Product in Poland

Price for Iron or Steel Wire Product in Poland (FOB) - 2023

In July 2023, the average export price for iron or steel wire products amounted to $2,950 per ton, approximately mirroring the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 7% month-to-month. Over the period under review, the average export prices hit record highs at $3,128 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($3,394 per ton), while the average price for exports to Portugal ($1,652 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 (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel Wire Product in Poland (CIF) - 2023

The average import price for iron or steel wire products stood at $3,300 per ton in July 2023, increasing by 7.2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 16% m-o-m. The import price peaked at $3,834 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($8,877 per ton), while the price for Ukraine ($1,252 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 Finland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel Wire Product in Poland

In 2022, approx. 74K tons of iron or steel wire products were exported from Poland; with an increase of 12% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, iron or steel wire product exports soared to $227M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Iron or Steel Wire Product in Poland (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany72.859.083.77.2%
France10.79.413.713.2%
Czech Republic6.66.88.815.5%
Netherlands6.77.68.714.0%
United Kingdom2.83.26.552.4%
Slovakia3.42.25.223.7%
Austria4.03.74.910.7%
Sweden4.74.34.5-2.2%
Spain2.41.84.435.4%
United States5.36.24.0-13.1%
Denmark3.53.13.72.8%
Hungary3.62.33.4-2.8%
Latvia1.40.71.710.2%
Others29.026.736.111.6%
Total1571371899.7%

Top Export Markets for Iron or Steel Wire Product from Poland in 2022:

  1. Germany (30.8K tons)
  2. Czech Republic (3.8K tons)
  3. France (3.4K tons)
  4. Slovakia (2.5K tons)
  5. Netherlands (2.4K tons)
  6. Austria (2.2K tons)
  7. Spain (1.9K tons)
  8. United States (1.6K tons)
  9. Hungary (1.5K tons)
  10. United Kingdom (1.4K tons)
  11. Sweden (1.0K tons)
  12. Latvia (1.0K tons)
  13. Denmark (0.9K tons)

Imports of Iron or Steel Wire Product in Poland

In 2022, iron or steel wire product imports into Poland shrank to 32K tons, waning by -9.2% compared with the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of 36K tons, and then declined in the following year.

In value terms, iron or steel wire product imports totaled $111M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +45.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Iron or Steel Wire Product in Poland (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Italy14.316.225.032.2%
Germany14.016.423.529.6%
China16.511.114.7-5.6%
Czech Republic2.63.37.569.8%
France5.15.66.19.4%
Belgium2.03.94.244.9%
Slovakia3.43.84.08.5%
United Kingdom5.53.33.9-15.8%
FinlandN/A1.53.7146.7%
Ukraine2.91.61.8-21.2%
Latvia0.11.01.6300.0%
Belarus0.71.01.546.4%
Croatia2.52.21.5-22.5%
Others7.27.412.029.1%
Total76.778.111120.3%

Top Suppliers of Iron or Steel Wire Product to Poland in 2022:

  1. Italy (7.0K tons)
  2. Germany (5.5K tons)
  3. China (4.1K tons)
  4. Czech Republic (3.3K tons)
  5. Belgium (2.2K tons)
  6. United Kingdom (2.1K tons)
  7. Belarus (1.6K tons)
  8. Ukraine (1.5K tons)
  9. Finland (1.4K tons)
  10. Latvia (1.4K tons)
  11. France (1.2K tons)
  12. Slovakia (1.2K tons)
  13. Croatia (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel wire product 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 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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