Poland: Market for Raw Steel And Steel Semi-Finished Products 2024

Market Size for Raw Steel And Steel Semi-Finished Products in Poland

In 2022, the Polish market for raw steel and steel semi-finished products increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Raw Steel And Steel Semi-Finished Products in Poland

In value terms, production of raw steel and steel semi-finished products soared to $X in 2022 estimated in export price. In general, production saw a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Raw Steel And Steel Semi-Finished Products

Exports from Poland

In 2022, overseas shipments of raw steel and steel semi-finished products decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of raw steel and steel semi-finished products reduced markedly to $X in 2022. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Luxembourg (X tons) and Germany (X tons) were the main destinations of exports of raw steel and steel semi-finished products from Poland, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Luxembourg ($X) appeared to be the largest markets for raw steel and steel semi-finished products exported from Poland worldwide, together comprising X% of total exports.

Among the main countries of destination, Italy, with a CAGR of X%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average export price for raw steel and steel semi-finished products amounted to $X per ton, jumping by X% against the previous year. In general, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Imports of Raw Steel And Steel Semi-Finished Products

Imports into Poland

In 2022, after two years of growth, there was significant decline in overseas purchases of raw steel and steel semi-finished products, when their volume decreased by X% to X tons. In general, imports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, imports of raw steel and steel semi-finished products shrank significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Ukraine (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of imports of raw steel and steel semi-finished products to Poland, together accounting for X% of total imports. France, Brazil, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest raw steel and steel semi-finished products suppliers to Poland were Ukraine ($X), Russia ($X) and Germany ($X), with a combined X% share of total imports. France, the Czech Republic, Brazil and Slovakia lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, recorded the highest growth rate of 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

The average import price for raw steel and steel semi-finished products stood at $X per ton in 2022, declining 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 was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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

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

Source: IndexBox Platform

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