Poland: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Poland

In 2021, after four years of decline, there was significant growth in the Polish metal link chain parts market, when its value increased by 6% to $X. Overall, consumption, however, continues to indicate a deep contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Iron Or Steel Parts Of Articulated Link Chain in Poland

In value terms, metal link chain parts production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Poland

In 2021, overseas shipments of iron or steel parts of articulated link chain were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +10.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 50% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, metal link chain parts exports rose notably to $X in 2021. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 65% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for metal link chain parts exports from Poland, with a approx. 97% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +10.8%.

In value terms, Germany ($X) also remains the key foreign market for iron or steel parts of articulated link chain exports from Poland.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +13.1%.

Export Prices by Country

In 2021, the average metal link chain parts export price amounted to $X per ton, standing approx. at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +2.0% per year.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Poland

After four years of growth, purchases abroad of iron or steel parts of articulated link chain decreased by -34% to X tons in 2021. Overall, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2014 when imports increased by 101% against the previous year. Imports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, metal link chain parts imports fell dramatically to $X in 2021. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 301%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest metal link chain parts supplier to Poland, with a 56% share of total imports. Moreover, metal link chain parts imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Italy (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.7% per year) and Italy (+34.9% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel parts of articulated link chain to Poland, comprising 42% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+42.5% per year) and China (+8.9% per year).

Import Prices by Country

The average metal link chain parts import price stood at $X per ton in 2021, which is down by -27.7% against the previous year. Overall, the import price, however, saw perceptible growth. The growth pace was the most rapid in 2014 an increase of 99% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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