Poland: Market for Copper Bars, Wire And Plates 2024

Market Size for Copper Bars, Wire And Plates in Poland

After three years of growth, the Polish market for copper bars, wire and plates decreased by -11.3% to $X in 2021. Overall, consumption saw a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Copper Bars, Wire And Plates in Poland

In value terms, copper bars, wire and plates production plummeted to $X in 2021 estimated in export price. In general, production, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 740%. Copper bars, wire and plates production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Copper Bars, Wire And Plates

Exports from Poland

In 2021, the amount of copper bars, wire and plates exported from Poland surged to X tons, picking up by 18% against 2020. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper bars, wire and plates exports surged to $X in 2021. In general, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.3% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Germany (X tons) were the main destinations of copper bars, wire and plates exports from Poland, with a combined 71% share of total exports. Austria, Switzerland, Romania and Slovakia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +13.2%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Germany ($X) appeared to be the largest markets for copper bars, wire and plates exported from Poland worldwide, with a combined 71% share of total exports. Austria, Romania, Switzerland and Slovakia lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, Slovakia, with a CAGR of +14.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for copper bars, wire and plates stood at $X per ton in 2021, surging by 49% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper bars, wire and plates export price increased by +42.0% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Hungary ($X per ton), while the average price for exports to Germany ($X per ton) and Switzerland ($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 Germany (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Wire And Plates

Imports into Poland

In 2021, supplies from abroad of copper bars, wire and plates increased by 15% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, copper bars, wire and plates imports skyrocketed to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest copper bars, wire and plates supplier to Poland, accounting for a 63% share of total imports. Moreover, copper bars, wire and plates imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. Bulgaria (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.9% per year) and Bulgaria (+4.2% per year).

In value terms, Germany ($X) constituted the largest supplier of copper bars, wire and plates to Poland, comprising 60% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports. It was followed by Bulgaria, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+3.6% per year) and Bulgaria (+6.1% per year).

Import Prices by Country

The average import price for copper bars, wire and plates stood at $X per ton in 2021, with an increase of 43% against the previous year. Overall, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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