Poland: Pig Iron Articles Market 2025

Pig Iron Articles Market Size in Poland

The Polish pig iron articles market declined modestly to $X in 2021, waning by -1.8% against the previous year. In general, consumption recorded a abrupt downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Pig Iron Articles Production in Poland

In value terms, pig iron articles production reduced to $X in 2021 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 71% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Pig Iron Articles Exports

Exports from Poland

Pig iron articles exports from Poland reached X tons in 2021, approximately mirroring the previous year's figure. Overall, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% 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 +23.9% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 27%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, pig iron articles exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the Netherlands (X tons) and the Czech Republic (X tons) were the main destinations of pig iron articles exports from Poland, with a combined 77% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +69.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for granules and powders of pig iron exports from Poland, comprising 46% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 20% share of total exports. It was followed by the Netherlands, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+8.3% per year) and the Netherlands (+35.8% per year).

Export Prices by Country

In 2021, the average pig iron articles export price amounted to $X per ton, with an increase of 20% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Articles Imports

Imports into Poland

In 2021, overseas purchases of granules and powders of pig iron were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 16%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, pig iron articles imports surged to $X in 2021. In general, total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 34%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and Ukraine (X tons) were the main suppliers of pig iron articles imports to Poland, together comprising 59% of total imports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Sweden ($X) were the largest pig iron articles suppliers to Poland, together comprising 62% of total imports. These countries were followed by Ukraine, Romania, Slovenia, Russia, Belarus, China and the UK, which together accounted for a further 30%.

Ukraine, with a CAGR of +15.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pig iron articles import price stood at $X per ton in 2021, growing by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average import price increased by 16%. The import price peaked in 2021 and is expected to retain growth in years to come.

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 the UK ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform