Poland: Chrome Ore Market Overview 2020

Chrome Ore Market Size in Poland

The revenue of the chrome ore market in Poland amounted to $X in 2017, reducing by -X% against the previous year. Overall, chrome ore consumption continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. Over the period under review, the chrome ore market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Chrome Ore Production in Poland

In 2017, the amount of chromium ores and concentrates produced in Poland totaled X kg, approximately mirroring the previous year. In general, chrome ore production continues to indicate a relatively flat trend pattern.

Chrome Ore Exports from Poland

Chrome ore exports from Poland stood at X tonnes in 2017, coming up by X% against the previous year. In general, chrome ore exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Poland exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, chrome ore exports amounted to $X in 2017. In general, chrome ore exports continue to indicate a skyrocketing increase. Over the period under review, the chrome ore exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Chrome Ore Exports by Country from Poland

South Africa prevails in chrome ore exports structure, recording X tonnes, which was approx. X% of total exports in 2017. Turkey (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Kazakhstan (X%). Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) held the mild share of total exports.

South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Africa decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chrome ore supplier from Poland, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In South Africa, chrome ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and Kazakhstan (-X% per year).

Chrome Ore Export Prices by Country in Poland

The chrome ore export price in Poland stood at $X per tonne in 2017, jumping by X% against the previous year. In general, the export price indicated a notable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chrome ore export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the export prices for chromium ores and concentrates attained its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chrome Ore Imports into Poland

In 2017, chrome ore imports into Poland totaled X tonnes, dropping by -X% against the previous year. Overall, chrome ore imports continue to indicate a deep setback. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Poland imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, chrome ore imports amounted to $X in 2017. Overall, chrome ore imports continue to indicate a temperate setback. Over the period under review, the chrome ore imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Chrome Ore Imports by Country into Poland

China represented the largest importing country with an import of around X tonnes, which accounted for X% of total imports. Mozambique (X tonnes) held the second position in the ranking, followed by Russia (X tonnes). All these countries together took approx. X% share of total imports. Sweden (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to chrome ore imports into China stood at +X%. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of Mozambique (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Poland, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Mozambique (+X% per year) and Russia (-X% per year).

Chrome Ore Import Prices by Country in Poland

In 2017, the chrome ore import price in Poland amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price indicated a remarkable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. Over the period under review, the import prices for chromium ores and concentrates reached its maximum level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform