Poland: Ferro-Silicon Market 2024

Ferro-Silicon Market Size in Poland

In 2022, the Polish ferro-silicon market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ferro-Silicon Production in Poland

In value terms, ferro-silicon production shrank slightly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable setback. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ferro-Silicon Exports

Exports from Poland

In 2022, after two years of growth, there was significant decline in overseas shipments of ferro-silicon, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a relatively flat trend pattern. 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 tons, and then declined markedly in the following year.

In value terms, ferro-silicon exports surged to $X in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

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

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X.9%), while shipments for the other leaders experienced more modest paces of growth.

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

In terms of the main countries of destination, Latvia, with a CAGR of X.1%, saw 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

The average ferro-silicon export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

Ferro-Silicon Imports

Imports into Poland

In 2022, purchases abroad of ferro-silicon increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, ferro-silicon imports skyrocketed to $X in 2022. In general, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Ukraine (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main suppliers of ferro-silicon imports to Poland, with a combined X% share of total imports. Germany, Sweden, France, Kazakhstan, Bulgaria, Iran and Norway lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest ferro-silicon suppliers to Poland were Ukraine ($X), Slovakia ($X) and France ($X), together accounting for X% of total imports. Sweden, the Netherlands, Germany, Bulgaria, Kazakhstan, Iran and Norway lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average ferro-silicon import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a perceptible 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-silicon import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform