Poland: Cored Arc-Welding Wire Market 2024

Cored Arc-Welding Wire Market Size in Poland

The Polish cored arc-welding wire market plummeted to $X in 2021, with a decrease of -16.3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Cored Arc-Welding Wire Production in Poland

In value terms, cored arc-welding wire production contracted modestly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 20%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Cored Arc-Welding Wire Exports

Exports from Poland

Cored arc-welding wire exports from Poland skyrocketed to X tons in 2021, jumping by 21% on the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, cored arc-welding wire exports surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for cored arc-welding wire exports from Poland, accounting for a 43% share of total exports. Moreover, cored arc-welding wire exports to the Czech Republic exceeded the volume sent to the second major destination, Italy (X tons), threefold. France (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic amounted to -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+17.6% per year) and France (+5.2% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for cored arc-welding wire exports from Poland, comprising 36% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by France, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+16.2% per year) and France (+8.2% per year).

Export Prices by Country

The average cored arc-welding wire export price stood at $X per ton in 2021, with an increase of 9.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cored Arc-Welding Wire Imports

Imports into Poland

Cored arc-welding wire imports into Poland skyrocketed to X tons in 2021, jumping by 17% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cored arc-welding wire imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Vietnam (X tons) were the main suppliers of cored arc-welding wire imports to Poland, together comprising 50% of total imports. Italy, Sweden, South Korea, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +41.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of cored arc-welding wire to Poland, comprising 27% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.3% per year) and Italy (+17.7% per year).

Import Prices by Country

In 2021, the average cored arc-welding wire import price amounted to $X per ton, increasing by 8.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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