Poland: Market for Iron Or Steel Towers And Lattice Masts 2024

Market Size for Iron Or Steel Towers And Lattice Masts in Poland

In 2021, after four years of growth, there was decline in the Polish iron or steel towers market, when its value decreased by -4.8% to $X. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Iron or steel towers consumption peaked at $X in 2020, and then shrank in the following year.

Production of Iron Or Steel Towers And Lattice Masts in Poland

In value terms, iron or steel towers production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 20%. Iron or steel towers production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Poland

In 2021, overseas shipments of iron or steel towers and lattice masts increased by 40% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 251%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, iron or steel towers exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 205%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Lithuania (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of iron or steel towers exports from Poland, together accounting for 81% 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 Lithuania (with a CAGR of +73.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel towers exported from Poland were Lithuania ($X), Sweden ($X) and Germany ($X), with a combined 80% share of total exports.

Among the main countries of destination, Lithuania, with a CAGR of +91.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average iron or steel towers export price amounted to $X per ton, growing by 30% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, iron or steel towers export price increased by +99.6% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Belgium ($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 Latvia (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Poland

After four years of growth, overseas purchases of iron or steel towers and lattice masts decreased by -33.6% to X tons in 2021. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 510%. Imports peaked at X tons in 2020, and then fell rapidly in the following year.

In value terms, iron or steel towers imports fell notably to $X in 2021. Over the period under review, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2015 when imports increased by 403%. Imports peaked at $X in 2020, and then declined rapidly in the following year.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of iron or steel towers to Poland, with a 64% share of total imports. Moreover, iron or steel towers imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+127.9% per year) and the UK (+220.2% per year).

In value terms, Spain ($X) constituted the largest supplier of iron or steel towers and lattice masts to Poland, comprising 56% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+130.3% per year) and the UK (+168.6% per year).

Import Prices by Country

The average iron or steel towers import price stood at $X per ton in 2021, increasing by 2.5% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 35% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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