Price for Stainless Steel in Ingots or Other Primary Forms in Poland - 2023
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Poland (CIF) - 2023
- Price for Stainless Steel in Ingots or Other Primary Forms in Poland (FOB) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in Poland
- Exports of Stainless Steel in Ingots or Other Primary Forms in Poland
Price for Stainless Steel in Ingots or Other Primary Forms in Poland (CIF) - 2023
The average import price for stainless steel in ingots or other primary forms stood at $4,084 per ton in August 2023, surging by 12% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 38% month-to-month. As a result, import price reached the peak level of $4,899 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($58,165 per ton), while the price for China stood at $5,955 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+68.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel in Ingots or Other Primary Forms in Poland (FOB) - 2022
In 2022, the average export price for stainless steel in ingots or other primary forms amounted to $5,818 per ton, dropping by -33.7% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 116% against the previous year. As a result, the export price attained the peak level of $12,831 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($26,155 per ton), while the average price for exports to France ($1,618 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 Denmark (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel in Ingots or Other Primary Forms in Poland
In 2022, the amount of stainless steel in ingots or other primary forms imported into Poland rose significantly to 6.2K tons, increasing by 9.6% compared with 2021 figures. Overall, imports, however, saw a drastic downturn.
In value terms, imports of stainless steel in ingots or other primary forms surged to $21M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +54.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel in Ingots or Other Primary Forms in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.1 | 11.0 | 13.4 | 17.6 | 5.2% |
| Czech Republic | 0.7 | 1.2 | 1.5 | 1.2 | 19.7% |
| India | 0.4 | N/A | N/A | 0.5 | 7.7% |
| China | 0.3 | N/A | 0.3 | 0.5 | 18.6% |
| Netherlands | 0.4 | 0.1 | 0.5 | 0.4 | 0.0% |
| Austria | N/A | 0.2 | 0.1 | 0.3 | 22.5% |
| Others | 1.8 | 1.4 | 1.1 | 0.7 | -27.0% |
| Total | 18.7 | 13.8 | 16.9 | 21.3 | 4.4% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Poland in 2022:
- Germany (5.5K tons)
- Czech Republic (0.3K tons)
- Austria (0.2K tons)
- Netherlands (0.1K tons)
- India (0.1K tons)
- China (0.1K tons)
Exports of Stainless Steel in Ingots or Other Primary Forms in Poland
In 2022, approx. 1.9K tons of stainless steel in ingots or other primary forms were exported from Poland; growing by 120% against the previous year. Overall, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of stainless steel in ingots or other primary forms soared to $11M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel in Ingots or Other Primary Forms in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,147 | 1,475 | 2,265 | 3,661 | 47.2% |
| Netherlands | 1,407 | 2,690 | 4,150 | 3,243 | 32.1% |
| Denmark | 531 | 436 | 53.9 | 1,316 | 35.3% |
| Belgium | 246 | 221 | 302 | 948 | 56.8% |
| Slovakia | 77.3 | 168 | 305 | 697 | 108.1% |
| France | 868 | 1.1 | 267 | 350 | -26.1% |
| Austria | 284 | 115 | 10.0 | 143 | -20.4% |
| Others | 1,355 | 398 | 140 | 559 | -25.6% |
| Total | 5,915 | 5,505 | 7,494 | 10,917 | 22.7% |
Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from Poland in 2022:
- Germany (1177.6 tons)
- France (216.5 tons)
- Netherlands (161.6 tons)
- Belgium (76.0 tons)
- Austria (69.9 tons)
- Slovakia (64.8 tons)
- Denmark (50.3 tons)
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