Poland: Aluminium Alloy Wire Market 2024

Aluminium Alloy Wire Market Size in Poland

The Polish aluminium alloy wire market was finally on the rise to reach $X in 2022, after eight years of decline. Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Aluminium Alloy Wire Production in Poland

In value terms, aluminium alloy wire production expanded modestly to $X in 2022 estimated in export price. In general, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Aluminium Alloy Wire Exports

Exports from Poland

In 2022, overseas shipments of aluminium alloy wire decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy wire exports contracted dramatically to $X in 2022. In general, exports recorded a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and the Czech Republic (X tons) were the main destinations of aluminium alloy wire exports from Poland, together comprising X% of total exports. Portugal, Slovakia, Bosnia and Herzegovina, Romania, Belarus, Estonia, Russia and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of X.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy wire exported from Poland were Germany ($X), Italy ($X) and the Czech Republic ($X), with a combined X% share of total exports. Portugal, Slovakia, Bosnia and Herzegovina, Romania, Belarus, Estonia, Russia and Finland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Bosnia and Herzegovina, with a CAGR of X.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium alloy wire export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy wire export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Germany ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Wire Imports

Imports into Poland

In 2022, purchases abroad of aluminium alloy wire decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium alloy wire imports stood at $X in 2022. Over the period under review, imports, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main suppliers of aluminium alloy wire imports to Poland, together accounting for X% of total imports. China, Austria, the Czech Republic, Slovenia, Spain, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) were the largest aluminium alloy wire suppliers to Poland, with a combined X% share of total imports. China, the Czech Republic, Austria, Slovenia, the Netherlands, Spain and the UK lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium alloy wire import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy wire import price increased by X% against 2017 indices. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure 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 Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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