Poland: Market for Base Metal Flexible Tubing, Iron Or Steel 2024

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Poland

The Polish base metal flexible tubing market surged to $X in 2021, with an increase of 34% against the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Base metal flexible tubing consumption peaked in 2021 and is likely to continue growth in the near future.

Production of Base Metal Flexible Tubing, Iron Or Steel in Poland

In value terms, base metal flexible tubing production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by 72%. Over the period under review, production hit record highs in 2021 and is likely to see steady growth in the immediate term.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports from Poland

In 2021, shipments abroad of base metal flexible tubing, iron or steel increased by 23% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 180% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, base metal flexible tubing exports skyrocketed to $X in 2021. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 189%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Lithuania (X tons) and Belgium (X tons) were the main destinations of base metal flexible tubing exports from Poland, with a combined 43% share of total exports. These countries were followed by Italy, Sweden, the Netherlands, Slovakia, Norway, Austria, the Czech Republic, Belarus, Ukraine and Hungary, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +52.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for base metal flexible tubing, iron or steel exports from Poland, comprising 35% of total exports. The second position in the ranking was taken by Sweden ($X), with a 3.9% share of total exports. It was followed by the Czech Republic, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+48.7% per year) and the Czech Republic (+2.0% per year).

Export Prices by Country

The average base metal flexible tubing export price stood at $X per ton in 2021, with an increase of 15% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, base metal flexible tubing export price increased by +103.4% against 2015 indices. The growth pace was the most rapid in 2019 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($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 the Czech Republic (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports into Poland

In 2021, supplies from abroad of base metal flexible tubing, iron or steel increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 24% against the previous year. Imports peaked at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, base metal flexible tubing imports soared to $X in 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 43%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Serbia (X tons) and Italy (X tons) were the main suppliers of base metal flexible tubing imports to Poland, with a combined 68% share of total imports. These countries were followed by Sweden, Germany and China, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +35.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal flexible tubing suppliers to Poland were Germany ($X), Sweden ($X) and Turkey ($X), with a combined 63% share of total imports.

Among the main suppliers, Sweden, with a CAGR of +32.8%, recorded the highest growth rate of 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 base metal flexible tubing import price amounted to $X per ton, increasing by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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