Poland: Non-Alloy Steel H-Sections Market 2024

Non-Alloy Steel H-Sections Market Size in Poland

The Polish non-alloy steel h-sections market shrank to $X in 2022, which is down by -5.7% against the previous year. In general, consumption showed a mild downturn. Non-alloy steel h-sections consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Alloy Steel H-Sections Production in Poland

In value terms, non-alloy steel h-sections production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Alloy Steel H-Sections Exports

Exports from Poland

In 2022, exports of h-sections of of non-alloy steel from Poland shrank markedly to X tons, declining by -26.6% compared with 2021 figures. In general, exports saw a pronounced reduction. The pace of growth was the most pronounced in 2015 with an increase of 45% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-alloy steel h-sections exports fell modestly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of non-alloy steel h-sections exports from Poland, with a combined 49% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +10.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-alloy steel h-sections exported from Poland were the Czech Republic ($X), Germany ($X) and Hungary ($X), with a combined 48% share of total exports.

Hungary, with a CAGR of +15.1%, recorded the highest growth rate of 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

The average non-alloy steel h-sections export price stood at $X per ton in 2022, jumping by 31% against the previous year. In general, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 62% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($X per ton) and Denmark ($X per ton), while the average price for exports to Bulgaria ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel H-Sections Imports

Imports into Poland

Non-alloy steel h-sections imports into Poland reduced dramatically to X tons in 2022, dropping by -24.2% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 22% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, non-alloy steel h-sections imports declined to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest non-alloy steel h-sections supplier to Poland, with a 80% share of total imports. Moreover, non-alloy steel h-sections imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+42.8% per year) and Spain (+17.0% per year).

In value terms, Germany ($X) constituted the largest supplier of h-sections of of non-alloy steel to Poland, comprising 81% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 12% share of total imports. It was followed by Spain, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+46.8% per year) and Spain (+22.5% per year).

Import Prices by Country

The average non-alloy steel h-sections import price stood at $X per ton in 2022, jumping by 29% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel h-sections import price increased by +97.8% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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