Price for Safety Pins and Other Pins; of Iron or Steel in Poland - 2024

Price for Safety Pins and Other Pins; of Iron or Steel in Poland (CIF) - 2022

The average import price for safety pins and other pins; of iron or steels stood at $8,663 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 59% against the previous year. The import price peaked at $8,723 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,531 per ton), while the price for China ($7,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Poland (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $33,237 per ton, falling by -24.3% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 48%. The export price peaked at $43,880 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($60,890 per ton), while the average price for exports to Romania ($11,160 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 (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Poland

In 2022, supplies from abroad of safety pins and other pins; of iron or steels was finally on the rise to reach 54 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep contraction.

In value terms, imports of safety pins and other pins; of iron or steels soared to $471K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	293	171	164	274	-2.2%
Germany	12.0	90.3	113	146	130.0%
Netherlands	5.9	34.1	20.2	20.6	51.7%
Spain	0.1	4.5	14.2	11.3	383.5%
Others	18.4	26.2	30.6	18.5	0.2%
Total	329	326	343	471	12.7%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Poland in 2022:

China (37.7 tons)
Germany (12.7 tons)
Netherlands (1.8 tons)
Spain (1.3 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Poland

In 2022, after three years of growth, there was significant decline in shipments abroad of safety pins and other pins; of iron or steels, when their volume decreased by -31% to 6 tons. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year.

In value terms, exports of safety pins and other pins; of iron or steels fell sharply to $199K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 108%.

Export of Safety Pins and Other Pins; of Iron or Steel in Poland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	11.5	108	201	83.4	93.6%
France	0.6	6.2	19.7	13.9	185.1%
Austria	0.7	16.7	25.5	11.6	154.9%
Czech Republic	5.5	9.2	9.0	10.6	24.4%
United Kingdom	1.6	18.1	23.6	10.6	87.8%
Latvia	5.8	3.8	4.2	9.3	17.0%
Spain	1.8	7.4	14.6	9.0	71.0%
Italy	0.7	11.0	16.5	8.5	129.8%
Hong Kong SAR	35.5	3.3	4.5	6.7	-42.6%
Ukraine	7.9	6.4	18.6	5.5	-11.4%
Romania	2.4	1.2	1.1	3.1	8.9%
Slovakia	4.0	6.7	2.3	2.4	-15.7%
Hungary	5.0	1.7	2.7	2.1	-25.1%
Others	22.2	18.4	36.5	21.8	-0.6%
Total	105	218	380	199	23.8%