Poland: Ferro-Alloys Market 2024

Ferro-Alloys Market Size in Poland

In 2022, the Polish ferro-alloys market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption saw a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ferro-Alloys Production in Poland

In value terms, ferro-alloys production fell modestly to $X in 2022 estimated in export price. In general, production recorded a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Ferro-alloys production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Ferro-Alloys Exports

Exports from Poland

In 2022, shipments abroad of ferro-alloys increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated a strong 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, ferro-alloys exports skyrocketed to $X in 2022. In general, exports recorded a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of ferro-alloys exports from Poland, together comprising X% of total exports. The Czech Republic, Spain, Slovakia, Austria, Portugal, the UK, Belgium, Luxembourg and Slovenia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) appeared to be the largest markets for ferro-alloys exported from Poland worldwide, together accounting for X% of total exports. The Netherlands, Slovakia, Austria, Spain, Belgium, the UK, Luxembourg, Portugal and Slovenia lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 ferro-alloys export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

Ferro-Alloys Imports

Imports into Poland

In 2022, supplies from abroad of ferro-alloys increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated resilient 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, ferro-alloys imports skyrocketed to $X in 2022. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of ferro-alloys to Poland, accounting for a X% share of total imports. Moreover, ferro-alloys imports from Ukraine exceeded the figures recorded by the second-largest supplier, Norway (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and the Netherlands (X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of ferro-alloys to Poland, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Norway, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ukraine amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the average ferro-alloys import price amounted to $X per ton, increasing by X% against the previous year. Overall, import price indicated a notable increase 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, ferro-alloys import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform