Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (CIF) - 2024
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (CIF) - 2024
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,142 per ton in January 2024, falling by -4.6% against the previous month. Overall, the import price saw a mild downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 9% m-o-m. As a result, import price attained the peak level of $1,390 per ton. From May 2023 to January 2024, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Ukraine ($983 per ton) and Turkey ($939 per ton), while the price for the United Arab Emirates ($798 per ton) and China ($820 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (FOB) - 2022
The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $2,051 per ton in 2022, rising by 30% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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, plated or coated with zincs increased by +71.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. The export price peaked in 2022 and is likely to continue growth in years to come.
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 Italy ($2,647 per ton), while the average price for exports to Slovakia ($1,242 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 Italy (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland
Imports of iron or non-alloy steel wire, plated or coated with zincs into Poland reduced dramatically to 86K tons in 2022, which is down by -15.3% on 2021. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.7% against the previous year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs stood at $124M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 9.2 | 10.0 | 19.0 | 19.5 | 28.5% |
| Czech Republic | 13.1 | 17.7 | 15.7 | 15.2 | 5.1% |
| Slovakia | 7.0 | 10.3 | 12.1 | 15.1 | 29.2% |
| Turkey | 6.9 | 4.1 | 6.6 | 9.7 | 12.0% |
| China | 2.3 | 3.6 | 4.7 | 9.7 | 61.6% |
| France | 7.1 | 5.7 | 7.0 | 8.1 | 4.5% |
| Germany | 5.9 | 7.5 | 9.7 | 7.4 | 7.8% |
| Romania | 7.8 | 4.0 | 5.5 | 6.9 | -4.0% |
| Netherlands | 4.1 | 2.1 | 6.7 | 6.9 | 18.9% |
| Bulgaria | 1.0 | 0.4 | 0.5 | 4.8 | 68.7% |
| Italy | 3.8 | 4.6 | 6.4 | 4.2 | 3.4% |
| Luxembourg | 4.1 | 3.1 | 3.9 | 4.2 | 0.8% |
| Albania | N/A | N/A | 2.0 | 2.5 | 25.0% |
| Others | 34.3 | 18.0 | 21.0 | 9.8 | -34.1% |
| Total | 107 | 91.2 | 121 | 124 | 5.0% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Poland in 2022:
- Ukraine (16.9K tons)
- Czech Republic (10.3K tons)
- Turkey (8.7K tons)
- Slovakia (8.7K tons)
- China (6.9K tons)
- Romania (6.1K tons)
- France (4.5K tons)
- Germany (3.8K tons)
- Bulgaria (3.7K tons)
- Netherlands (3.3K tons)
- Luxembourg (2.6K tons)
- Italy (2.4K tons)
- Albania (2.1K tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland
After three years of growth, shipments abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by -18.5% to 28K tons in 2022. Overall, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 7.3% against the previous year. As a result, the exports attained the peak of 34K tons, and then dropped rapidly in the following year.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs totaled $57M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +49.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 42%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 14.8 | 12.6 | 16.5 | 24.2 | 17.8% |
| Germany | 9.8 | 11.4 | 19.2 | 18.0 | 22.5% |
| Czech Republic | 3.9 | 3.4 | 5.9 | 4.8 | 7.2% |
| Sweden | 1.5 | 1.6 | 2.6 | 2.5 | 18.6% |
| Hungary | 0.4 | 0.6 | 0.8 | 1.3 | 48.1% |
| Slovakia | 0.1 | 0.4 | 1.2 | 0.6 | 81.7% |
| Austria | 2.8 | 1.2 | 1.2 | 0.4 | -47.7% |
| Others | 6.0 | 6.8 | 6.6 | 5.1 | -5.3% |
| Total | 39.3 | 38.1 | 54.0 | 57.0 | 13.2% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Poland in 2022:
- Portugal (11.3K tons)
- Germany (9.0K tons)
- Czech Republic (2.2K tons)
- Sweden (1.2K tons)
- Hungary (0.9K tons)
- Slovakia (0.5K tons)
- Austria (0.2K 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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