Price for Steel, Stainless; Ingots and Other Primary Forms in Poland - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Poland (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Poland (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Poland
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Poland
Price for Steel, Stainless; Ingots and Other Primary Forms in Poland (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $3,061 per ton, increasing by 4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum at $4,754 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($11,635 per ton), while the price for Austria ($1,770 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in Poland (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $30,217 per ton in 2022, with an increase of 5.3% against the previous year. In general, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 958% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($223,747 per ton), while the average price for exports to Lithuania ($1,586 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 (+604.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Poland
In 2022, approx. 481 tons of steel, stainless; ingots and other primary formses were imported into Poland; jumping by 29% against the year before. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, stainless; ingots and other primary formses surged to $1.5M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +42.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 648 | 583 | 309 | 680 | 1.6% |
| Netherlands | 246 | 68.3 | 438 | 381 | 15.7% |
| Austria | N/A | 163 | 130 | 289 | 33.2% |
| France | N/A | 11.7 | 12.4 | 35.8 | 74.9% |
| Germany | 44.7 | 60.8 | 12.3 | 22.1 | -20.9% |
| Others | 109 | 146 | 198 | 64.6 | -16.0% |
| Total | 1,047 | 1,032 | 1,100 | 1,472 | 12.0% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Poland in 2022:
- Czech Republic (198.6 tons)
- Austria (163.3 tons)
- Netherlands (98.7 tons)
- France (8.8 tons)
- Germany (4.3 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Poland
In 2022, shipments abroad of steel, stainless; ingots and other primary formses was finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic decline.
In value terms, exports of steel, stainless; ingots and other primary formses soared to $388K in 2022. Over the period under review, exports, however, faced a significant curtailment.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 2.4 | 1.0 | 194 | 799.1% |
| Hungary | N/A | N/A | N/A | 103 | 0% |
| Germany | 85.5 | 4.1 | 8.0 | 53.5 | -14.5% |
| Lithuania | 43.3 | 25.5 | 0.5 | 2.4 | -61.9% |
| Russia | 620 | 0.7 | N/A | N/A | -99.9% |
| Italy | 203 | 22.6 | 19.6 | N/A | -68.9% |
| Others | 1.4 | N/A | 116 | 34.7 | 191.6% |
| Total | 953 | 55.3 | 146 | 388 | -25.9% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Poland in 2022:
- Germany (8.9 tons)
- Lithuania (1.5 tons)
- Hungary (1.3 tons)
- United Kingdom (0.9 tons)
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