Price for Wire of Other Alloy Steel in Poland - 2023
Contents:
- Price for Wire of Other Alloy Steel in Poland (CIF) - 2023
- Price for Wire of Other Alloy Steel in Poland (FOB) - 2023
- Imports of Wire of Other Alloy Steel in Poland
- Exports of Wire of Other Alloy Steel in Poland
Price for Wire of Other Alloy Steel in Poland (CIF) - 2023
In August 2023, the average import price for wire of other alloy steels amounted to $1,236 per ton, increasing by 6.4% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 8.5% against the previous month. As a result, import price attained the peak level of $1,440 per ton. From April 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($1,648 per ton), while the price for Ukraine ($853 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Poland (FOB) - 2023
In August 2023, the average export price for wire of other alloy steels amounted to $1,500 per ton, shrinking by -12.2% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 12% against the previous month. As a result, the export price attained the peak level of $1,709 per ton, and then contracted in the following month.
Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were Russia ($1,846 per ton) and Bosnia and Herzegovina ($1,455 per ton), while the average price for exports to Ukraine ($1,275 per ton) and Serbia ($1,282 per ton) were amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Poland
After three years of growth, overseas purchases of wire of other alloy steels decreased by -6.9% to 172K tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year.
In value terms, wire of other alloy steel imports totaled $243M in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Wire of Other Alloy Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 30.2 | 62.0 | 48.8 | 27.1% |
| China | 37.5 | 29.3 | 46.9 | 45.5 | 6.7% |
| Turkey | 0.9 | 6.8 | 13.8 | 31.0 | 225.4% |
| Czech Republic | 18.1 | 19.1 | 23.9 | 29.0 | 17.0% |
| Germany | 8.9 | 10.3 | 15.7 | 20.4 | 31.8% |
| Ukraine | 1.7 | 6.4 | 23.4 | 13.7 | 100.5% |
| Italy | 8.7 | 7.0 | 11.9 | 11.1 | 8.5% |
| Taiwan (Chinese) | 2.7 | 6.1 | 12.4 | 9.3 | 51.0% |
| South Korea | 2.2 | 1.3 | 1.0 | 8.6 | 57.5% |
| Netherlands | 5.5 | 3.8 | 6.6 | 8.0 | 13.3% |
| Others | 10.0 | 8.2 | 17.1 | 17.7 | 21.0% |
| Total | 96.3 | 129 | 235 | 243 | 36.1% |
Top Suppliers of Wire of Other Alloy Steel to Poland in 2022:
- Russia (46.4K tons)
- China (34.2K tons)
- Turkey (26.7K tons)
- Czech Republic (18.0K tons)
- Ukraine (10.9K tons)
- Germany (7.2K tons)
- Italy (5.6K tons)
- Taiwan (Chinese) (5.6K tons)
- South Korea (5.2K tons)
- Netherlands (3.7K tons)
Exports of Wire of Other Alloy Steel in Poland
In 2022, the amount of wire of other alloy steels exported from Poland rose remarkably to 20K tons, surging by 15% against the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 267%. As a result, the exports reached the peak of 41K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wire of other alloy steel exports skyrocketed to $34M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 270% against the previous year. As a result, the exports attained the peak of $53M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Wire of Other Alloy Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 43.3 | 10.1 | 13.0 | 30.1% |
| Czech Republic | 1.4 | 2.8 | 4.1 | 5.2 | 54.9% |
| Hungary | 0.7 | 0.8 | 2.2 | 2.5 | 52.9% |
| Slovakia | 1.2 | 1.2 | 2.3 | 2.5 | 27.7% |
| Romania | 1.3 | 1.0 | 1.2 | 1.8 | 11.5% |
| Estonia | 0.3 | 0.5 | 1.3 | 1.3 | 63.0% |
| Cyprus | 0.1 | 0.1 | 0.1 | 1.3 | 135.1% |
| Belarus | 0.9 | 0.5 | 0.7 | 0.3 | -30.7% |
| Others | 2.6 | 2.7 | 4.0 | 5.8 | 30.7% |
| Total | 14.3 | 52.9 | 26.0 | 33.6 | 32.9% |
Top Export Markets for Wire of Other Alloy Steel from Poland in 2022:
- Germany (7.8K tons)
- Czech Republic (3.8K tons)
- Slovakia (1.3K tons)
- Hungary (1.2K tons)
- Cyprus (1.1K tons)
- Romania (1.0K tons)
- Estonia (0.6K tons)
- Belarus (0.2K tons)
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