Poland: Metal Link Chain Market 2024

Metal Link Chain Market Size in Poland

In 2021, the Polish metal link chain market decreased by -85.8% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a precipitous shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Metal Link Chain Production in Poland

In value terms, metal link chain production expanded markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +91.5% against 2012 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Metal Link Chain Exports

Exports from Poland

After two years of decline, overseas shipments of iron or steel articulated link chain increased by 7.8% to X tons in 2021. The total export volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 43% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal link chain exports fell slightly to $X in 2021. Over the period under review, exports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for metal link chain exports from Poland, with a 90% share of total exports. It was followed by Russia (X tons), with a 2.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +2.2%.

In value terms, Germany ($X) remains the key foreign market for iron or steel articulated link chain exports from Poland, comprising 85% of total exports. The second position in the ranking was taken by Russia ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +1.9%.

Export Prices by Country

The average metal link chain export price stood at $X per ton in 2021, which is down by -11% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.3%).

Metal Link Chain Imports

Imports into Poland

In 2021, purchases abroad of iron or steel articulated link chain was finally on the rise to reach X tons after two years of decline. In general, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 46%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal link chain imports soared to $X in 2021. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of metal link chain imports to Poland, with a combined 72% share of total imports. Belgium, the Czech Republic, Finland, Sweden, the UK and the Netherlands lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +93.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) appeared to be the largest metal link chain suppliers to Poland, together comprising 60% of total imports. These countries were followed by Belgium, the UK, the Czech Republic, Sweden, the Netherlands and Finland, which together accounted for a further 32%.

Belgium, with a CAGR of +89.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 metal link chain import price amounted to $X per ton, surging by 35% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal link chain import price increased by +74.6% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Finland ($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 Netherlands (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :