Poland: Market for Hot-Rolled Steel Bars and Rods 2025

Market Size for Hot-Rolled Steel Bars and Rods in Poland

In 2021, the Polish market for hot-rolled steel bars and rods decreased by -52% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a slight descent. Hot-rolled steel bar and rod consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Hot-Rolled Steel Bars and Rods in Poland

In value terms, hot-rolled steel bar and rod production fell markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when the production volume increased by 19%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Hot-Rolled Steel Bars and Rods

Exports from Poland

In 2021, overseas shipments of hot-rolled steel bars and rods increased by 7.6% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 12%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, hot-rolled steel bar and rod exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of hot-rolled steel bar and rod exports from Poland, with a combined 61% share of total exports. Italy, Hungary, Australia, Denmark, Lithuania, Romania, Sweden and France lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +154.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hot-rolled steel bar and rod exported from Poland were Germany ($X), the Czech Republic ($X) and Slovakia ($X), with a combined 60% share of total exports. Italy, Hungary, Australia, Denmark, Lithuania, Sweden, Romania and France lagged somewhat behind, together comprising a further 25%.

Australia, with a CAGR of +141.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for hot-rolled steel bars and rods amounted to $X per ton, surging by 53% against the previous year. In general, export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Sweden ($X per ton) and Lithuania ($X per ton), while the average price for exports to Australia ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hot-Rolled Steel Bars and Rods

Imports into Poland

In 2021, purchases abroad of hot-rolled steel bars and rods increased by 51% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled steel bar and rod imports soared to $X in 2021. In general, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of hot-rolled steel bar and rod imports to Poland, together comprising 57% of total imports. These countries were followed by Belarus, Moldova, Hungary, Lithuania and Russia, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +70.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) were the largest hot-rolled steel bar and rod suppliers to Poland, together comprising 57% of total imports. Belarus, Moldova, Hungary, Lithuania and Russia lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Hungary, with a CAGR of +72.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for hot-rolled steel bars and rods amounted to $X per ton, growing by 47% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Italy ($X per ton) and the Czech Republic ($X per ton), while the price for Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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