Poland: Base Metal Hinge Market 2024

Base Metal Hinge Market Size in Poland

The Polish base metal hinge market was estimated at $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, showed a resilient increase. Base metal hinge consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Base Metal Hinge Production in Poland

In value terms, base metal hinge production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the immediate term.

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Base Metal Hinge Exports

Exports from Poland

Base metal hinge exports from Poland declined slightly to X tons in 2022, reducing by X% on the year before. In general, total exports indicated perceptible growth from 2012 to 2022: its volume 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, base metal hinge exports reduced to $X in 2022. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Germany (X tons) was the main destination for base metal hinge exports from Poland, accounting for a X% share of total exports. Moreover, base metal hinge exports to Germany exceeded the volume sent to the second major destination, France (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for base metal hinges exports from Poland, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average base metal hinge export price amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Slovakia ($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 Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hinge Imports

Imports into Poland

In 2022, after four years of growth, there was significant decline in overseas purchases of base metal hinges, when their volume decreased by X% to X tons. Overall, total imports indicated a tangible expansion from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted rapidly in the following year.

In value terms, base metal hinge imports shrank to $X in 2022. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of base metal hinge imports to Poland, together comprising X% of total imports. Austria, Slovakia, Turkey, the Czech Republic, Ukraine and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal hinge suppliers to Poland were Germany ($X), Italy ($X) and China ($X), together comprising X% of total imports. Austria, Slovakia, the Czech Republic, Turkey, Ukraine and France lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 base metal hinge import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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