Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (CIF) - 2024
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,008 per ton in January 2024, waning by -10.6% against the previous month. In general, the import price recorded a mild reduction. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 13% month-to-month. The import price peaked at $1,269 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Turkey ($1,004 per ton), while the price for Ukraine ($824 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,453 per ton in 2022, increasing by 19% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, not plated or coateds increased by +50.2% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 30%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($2,028 per ton), while the average price for exports to Italy ($1,166 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 (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland
In 2022, the amount of iron or non-alloy steel wire, not plated or coateds imported into Poland shrank to 182K tons, waning by -9.9% against the year before. Overall, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of 202K tons, and then reduced in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds rose significantly to $235M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.8 | 37.3 | 59.0 | 60.8 | 21.6% |
| Czech Republic | 36.0 | 40.0 | 51.3 | 58.7 | 17.7% |
| Ukraine | 10.2 | 4.9 | 8.8 | 19.6 | 24.3% |
| Belarus | 23.8 | 19.0 | 32.6 | 18.5 | -8.1% |
| Italy | 6.4 | 7.6 | 21.5 | 17.1 | 38.8% |
| Slovakia | 6.3 | 5.3 | 7.6 | 10.9 | 20.0% |
| Portugal | 4.8 | 4.9 | 5.9 | 9.4 | 25.1% |
| Turkey | 1.5 | 0.4 | 3.8 | 8.0 | 74.7% |
| Lithuania | 4.5 | 1.4 | 7.5 | 6.6 | 13.6% |
| Netherlands | 3.9 | 7.8 | 4.9 | 6.0 | 15.4% |
| Austria | 1.1 | 0.6 | 0.9 | 3.9 | 52.5% |
| China | 0.5 | 0.6 | 1.1 | 3.8 | 96.6% |
| Russia | 15.7 | 5.1 | 6.7 | 1.8 | -51.4% |
| Others | 15.1 | 9.9 | 8.3 | 9.9 | -13.1% |
| Total | 164 | 145 | 220 | 235 | 12.7% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Poland in 2022:
- Czech Republic (45.4K tons)
- Germany (41.9K tons)
- Belarus (21.6K tons)
- Ukraine (17.6K tons)
- Italy (14.3K tons)
- Portugal (7.9K tons)
- Turkey (6.6K tons)
- Lithuania (6.1K tons)
- Slovakia (5.5K tons)
- Austria (2.8K tons)
- China (2.8K tons)
- Netherlands (2.7K tons)
- Russia (1.8K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland
In 2022, shipments abroad of iron or non-alloy steel wire, not plated or coateds was finally on the rise to reach 31K tons after two years of decline. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds skyrocketed to $45M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.0 | 13.0 | 15.3 | 24.2 | 12.5% |
| Czech Republic | 1.3 | 3.0 | 2.8 | 3.0 | 32.1% |
| Hungary | 0.7 | 0.7 | 0.9 | 2.1 | 44.2% |
| Slovakia | 1.2 | 1.3 | 2.3 | 2.1 | 20.5% |
| Lithuania | 0.1 | N/A | N/A | 2.0 | 171.4% |
| Sweden | 0.5 | 0.6 | 0.8 | 1.8 | 53.3% |
| United States | 0.1 | N/A | 0.1 | 1.5 | 146.6% |
| France | 1.1 | 1.2 | 1.1 | 1.2 | 2.9% |
| Netherlands | 1.4 | 1.0 | 1.0 | 1.1 | -7.7% |
| Portugal | 0.9 | 1.0 | 1.2 | 1.1 | 6.9% |
| Belgium | 0.5 | 0.4 | 0.8 | 0.8 | 17.0% |
| Italy | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Austria | 0.7 | 0.5 | 0.5 | 0.5 | -10.6% |
| Others | 2.4 | 2.7 | 3.5 | 3.0 | 7.7% |
| Total | 27.9 | 25.4 | 30.4 | 44.9 | 17.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Poland in 2022:
- Germany (16.9K tons)
- Czech Republic (2.1K tons)
- Hungary (1.6K tons)
- Lithuania (1.6K tons)
- Slovakia (1.3K tons)
- Sweden (1.1K tons)
- France (0.8K tons)
- United States (0.8K tons)
- Netherlands (0.6K tons)
- Portugal (0.6K tons)
- Belgium (0.6K tons)
- Italy (0.5K tons)
- Austria (0.4K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the market for iron and steel wire in Poland.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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