Poland: Cement Market 2024

Cement Market Size in Poland

In 2022, the Polish cement market increased by 10% to $X, rising for the sixth year in a row after two years of decline. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +74.1% against 2016 indices. Cement consumption peaked in 2022 and is likely to see steady growth in the near future.

Cement Production in Poland

In value terms, cement production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +95.0% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. Cement production peaked in 2022 and is expected to retain growth in years to come.

Cement Exports

Exports from Poland

After two years of growth, overseas shipments of cement decreased by -7.7% to X tons in 2022. Overall, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 33%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cement exports expanded sharply to $X in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by 20%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The Czech Republic (X tons) was the main destination for cement exports from Poland, with a 45% share of total exports. Moreover, cement exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X tons), threefold. Slovakia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic amounted to +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.0% per year) and Slovakia (-2.0% per year).

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) were the largest markets for cement exported from Poland worldwide, together accounting for 52% of total exports. The United States, Slovakia, Lithuania, Latvia and Russia lagged somewhat behind, together comprising a further 23%.

Lithuania, with a CAGR of +41.0%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average cement export price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement export price increased by +14.8% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Imports

Imports into Poland

In 2022, after six years of growth, there was significant decline in supplies from abroad of cement, when their volume decreased by -32.3% to X tons. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 31%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, cement imports shrank notably to $X in 2022. In general, imports, however, showed resilient growth. The growth pace was the most rapid in 2018 when imports increased by 33% against the previous year. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of cement to Poland, accounting for a 38% share of total imports. Moreover, cement imports from Germany exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. Denmark (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+28.5% per year) and Denmark (+7.8% per year).

In value terms, Germany ($X), Denmark ($X) and Slovakia ($X) constituted the largest cement suppliers to Poland, together comprising 65% of total imports. Belarus, Lithuania, Ukraine, Egypt and the Czech Republic lagged somewhat behind, together comprising a further 29%.

Ukraine, with a CAGR of +159.1%, saw 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

The average cement import price stood at $X per ton in 2022, increasing by 25% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 the Czech Republic ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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