Stainless Steel Wire Price in Poland - 2023
Contents:
- Stainless Steel Wire Price in Poland (CIF) - 2022
- Stainless Steel Wire Price in Poland (FOB) - 2022
- Stainless Steel Wire Imports in Poland
- Stainless Steel Wire Exports in Poland
Stainless Steel Wire Price in Poland (CIF) - 2022
The average stainless steel wire import price stood at $6,121 per ton in 2022, growing by 18% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel wire import price increased by +27.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 France ($7,038 per ton), while the price for the Netherlands ($4,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Price in Poland (FOB) - 2022
In 2022, the average stainless steel wire export price amounted to $6,208 per ton, with an increase of 24% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stainless steel wire export price increased by +65.2% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($7,227 per ton), while the average price for exports to Spain ($2,704 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 Canada (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Wire Imports in Poland
In 2022, supplies from abroad of stainless steel wire decreased by -0.6% to 9.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 9.2K tons, leveling off in the following year.
In value terms, stainless steel wire imports surged to $56M 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 +19.8% 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 +72.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Stainless Steel Wire in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 9.8 | 11.9 | 15.6 | 26.5% |
| Italy | 2.2 | 2.8 | 6.1 | 10.1 | 66.2% |
| India | 4.3 | 3.3 | 8.0 | 8.8 | 27.0% |
| Czech Republic | 5.1 | 4.6 | 4.1 | 5.3 | 1.3% |
| Indonesia | 1.0 | 0.7 | 3.5 | 2.7 | 39.2% |
| France | 1.1 | 2.0 | 2.5 | 2.5 | 31.5% |
| Netherlands | 0.9 | 1.5 | 1.7 | 1.4 | 15.9% |
| South Korea | 1.6 | 1.9 | 1.1 | 1.4 | -4.4% |
| Switzerland | 1.4 | 1.0 | 1.1 | 1.3 | -2.4% |
| Others | 7.4 | 6.2 | 7.9 | 7.1 | -1.4% |
| Total | 32.6 | 33.8 | 48.0 | 56.1 | 19.8% |
Top Suppliers of Stainless Steel Wire to Poland in 2022:
- Germany (2336.9 tons)
- India (1870.1 tons)
- Italy (1724.0 tons)
- Czech Republic (811.2 tons)
- Indonesia (616.9 tons)
- Netherlands (354.4 tons)
- France (350.0 tons)
- South Korea (195.8 tons)
- Switzerland (152.9 tons)
Stainless Steel Wire Exports in Poland
Stainless steel wire exports from Poland expanded markedly to 2.3K tons in 2022, surging by 13% against the year before. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, stainless steel wire exports surged to $14M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Stainless Steel Wire in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,264 | 2,094 | 3,998 | 5,668 | 35.8% |
| Czech Republic | 1,389 | 1,053 | 1,678 | 1,953 | 12.0% |
| China | 4.0 | 1.8 | 49.5 | 1,066 | 543.5% |
| Italy | 145 | 200 | 317 | 791 | 76.0% |
| United Kingdom | 117 | 190 | 433 | 763 | 86.8% |
| Slovenia | 183 | 171 | 336 | 446 | 34.6% |
| Spain | 21.8 | 12.2 | 15.7 | 384 | 160.2% |
| Russia | 506 | 459 | 548 | 284 | -17.5% |
| Estonia | 49.8 | 87.6 | 152 | 252 | 71.7% |
| Canada | N/A | 11.8 | 2.7 | 249 | 359.4% |
| Hungary | 348 | 226 | 289 | 243 | -11.3% |
| Sweden | 185 | 102 | 226 | 236 | 8.5% |
| Austria | 9.2 | 54.5 | 167 | 180 | 169.5% |
| Others | 1,278 | 1,206 | 2,070 | 1,843 | 13.0% |
| Total | 6,500 | 5,868 | 10,283 | 14,358 | 30.2% |
Top Export Markets for Stainless Steel Wire from Poland in 2022:
- Germany (815.4 tons)
- Czech Republic (330.8 tons)
- China (206.4 tons)
- Spain (142.1 tons)
- Italy (139.5 tons)
- United Kingdom (118.3 tons)
- Slovenia (61.7 tons)
- Russia (59.2 tons)
- Estonia (43.2 tons)
- Hungary (42.7 tons)
- Canada (40.1 tons)
- Sweden (37.9 tons)
- Austria (35.7 tons)
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