Poland: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Poland

After two years of decline, the Polish fuse and detonator market decreased by -43.6% to $X in 2021. In general, consumption, however, posted a buoyant increase. Fuse and detonator consumption peaked at $X in 2020, and then contracted markedly in the following year.

Fuse And Detonator Production in Poland

In value terms, fuse and detonator production fell remarkably to $X in 2021 estimated in export price. In general, production, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 346% against the previous year. Fuse and detonator production peaked at $X in 2020, and then fell notably in the following year.

Fuse And Detonator Exports

Exports from Poland

In 2021, shipments abroad of safety fuses, detonating fuses and electric detonators decreased by -10.4% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by 73%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, fuse and detonator exports expanded significantly to $X in 2021. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 49% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of fuse and detonator exports from Poland, together accounting for 48% of total exports. Italy, Norway, the UK, Finland, Spain, Belgium, the Czech Republic, Slovakia, the United States and South Korea lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +142.7%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for safety fuses, detonating fuses and electric detonators exports from Poland, comprising 23% of total exports. The second position in the ranking was held by Turkey ($X), with an 11% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+4.9% per year) and the United States (+47.0% per year).

Export Prices by Country

The average fuse and detonator export price stood at $X per ton in 2021, surging by 23% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 South Korea (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fuse And Detonator Imports

Imports into Poland

In 2021, overseas purchases of safety fuses, detonating fuses and electric detonators decreased by -11.7% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by 5%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fuse and detonator imports rose remarkably to $X in 2021. Overall, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 47%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Thailand (X tons), Spain (X tons) and Sweden (X tons) were the main suppliers of fuse and detonator imports to Poland, together accounting for 63% of total imports. These countries were followed by the Czech Republic, Bosnia and Herzegovina, Italy, Japan, China and Germany, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bosnia and Herzegovina (with a CAGR of +503.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Poland, comprising 43% of total imports. The second position in the ranking was held by Sweden ($X), with a 13% share of total imports. It was followed by Bosnia and Herzegovina, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Thailand totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+14.7% per year) and Bosnia and Herzegovina (+485.6% per year).

Import Prices by Country

In 2021, the average fuse and detonator import price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, the import price continues to indicate significant growth. The growth pace was the most rapid in 2013 an increase of 122% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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