Price for Iron and Non-Alloy Steel in Ingot in Poland - 2023
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Poland (FOB) - 2023
- Price for Iron and Non-Alloy Steel in Ingot in Poland (CIF) - 2023
- Exports of Iron and Non-Alloy Steel in Ingot in Poland
- Imports of Iron and Non-Alloy Steel in Ingot in Poland
Price for Iron and Non-Alloy Steel in Ingot in Poland (FOB) - 2023
The average export price for iron and non-alloy steel in ingots stood at $1,377 per ton in September 2023, dropping by -11.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 15% m-o-m. As a result, the export price reached the peak level of $1,716 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Sweden ($3,553 per ton), while the average price for exports to Romania ($1,034 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Iron and Non-Alloy Steel in Ingot in Poland (CIF) - 2023
In September 2023, the average import price for iron and non-alloy steel in ingots amounted to $1,699 per ton, declining by -23% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 51% month-to-month. As a result, import price attained the peak level of $3,316 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Hungary ($4,123 per ton), while the price for China ($1,044 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron and Non-Alloy Steel in Ingot in Poland
Exports of iron and non-alloy steel in ingots from Poland declined to 17K tons in 2022, waning by -5.2% against the previous year's figure. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by 5.8%.
In value terms, exports of iron and non-alloy steel in ingots skyrocketed to $24M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron and Non-Alloy Steel in Ingot in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 1.2 | 5.8 | 8.4 | 164.6% |
| Germany | 3.2 | 3.2 | 6.0 | 6.2 | 24.7% |
| Italy | 2.6 | 2.2 | 3.9 | 3.9 | 14.5% |
| Sweden | 0.7 | 0.6 | 1.0 | 1.6 | 31.7% |
| Hungary | 1.4 | 0.8 | 1.0 | 1.2 | -5.0% |
| Romania | 1.0 | 0.5 | 0.8 | 1.1 | 3.2% |
| Lithuania | 1.2 | 1.1 | 1.1 | 0.9 | -9.1% |
| United Kingdom | 8.0 | 7.3 | 0.5 | 0.3 | -66.5% |
| Others | 1.5 | 0.6 | 0.5 | 0.8 | -18.9% |
| Total | 19.7 | 17.6 | 20.4 | 24.4 | 7.4% |
Top Export Markets for Iron and Non-Alloy Steel in Ingot from Poland in 2022:
- Czech Republic (6.1K tons)
- Germany (5.0K tons)
- Italy (1.8K tons)
- Hungary (1.1K tons)
- Romania (1.0K tons)
- Lithuania (0.5K tons)
- Sweden (0.5K tons)
- United Kingdom (0.3K tons)
Imports of Iron and Non-Alloy Steel in Ingot in Poland
In 2022, imports of iron and non-alloy steel in ingots into Poland contracted markedly to 2.9K tons, with a decrease of -46.4% on 2021 figures. Overall, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 561% against the previous year.
In value terms, imports of iron and non-alloy steel in ingots fell dramatically to $4.1M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 476%.
| Import of Iron and Non-Alloy Steel in Ingot in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.4 | N/A | 1,545 | 1,891 | 1005.4% |
| Germany | 6,060 | 612 | 1,060 | 1,229 | -41.2% |
| Czech Republic | 60.1 | 1.1 | 45.2 | 347 | 79.4% |
| Ukraine | N/A | N/A | 441 | 244 | -44.7% |
| China | 82.7 | 55.1 | 65.0 | 241 | 42.8% |
| Croatia | N/A | N/A | 1,425 | N/A | 0% |
| Slovakia | N/A | N/A | 1,296 | N/A | 0% |
| United States | 452 | N/A | N/A | N/A | 0% |
| Others | 216 | 379 | 159 | 123 | -17.1% |
| Total | 6,872 | 1,047 | 6,036 | 4,076 | -16.0% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Poland in 2022:
- Ukraine (1463.1 tons)
- Germany (615.7 tons)
- Italy (374.0 tons)
- Czech Republic (270.5 tons)
- China (123.9 tons)
737
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Poland.
303
This report provides an in-depth analysis of the non-alloy steel ingot market in Poland.
515
This report provides an in-depth analysis of the iron and steel market in Poland.
4704
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
471
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
1076
This report provides an in-depth analysis of the global iron and steel market.
737
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Poland.
303
This report provides an in-depth analysis of the non-alloy steel ingot market in Poland.
4704
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
471
Global Non-Alloy Steel Ingot Market Report 2018. This report provides an in-depth analysis of the global non-alloy steel ingot market.
157
From April 2023 to September 2023, there was a slight decrease in the growth of Iron and Steel imports. The value of these imports dropped to $7.1M in September 2023.
234
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2384
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
783
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1093
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
818
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
777
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
188
Discover the leading countries in the global iron and steel import market and their key statistics. Learn about the trends and factors driving the demand for these crucial materials.
234
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2384
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
