Poland: Stranded Wire Market 2025

Stranded Wire Market Size in Poland

The Polish stranded wire market surged to $X in 2021, jumping by 23% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Stranded Wire Production in Poland

In value terms, stranded wire production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Stranded Wire Exports

Exports from Poland

In 2021, overseas shipments of stranded wire, ropes and cables increased by 32% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.3% 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 57% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, stranded wire exports surged to $X in 2021. Overall, total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for stranded wire exports from Poland, accounting for a 35% share of total exports. Moreover, stranded wire exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-9.1% per year) and Italy (+7.8% per year).

In value terms, Germany ($X) remains the key foreign market for stranded wire, ropes and cables exports from Poland, comprising 41% of total exports. The second position in the ranking was held by Slovakia ($X), with a 9.8% share of total exports. It was followed by Hungary, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+7.5% per year) and Hungary (-14.0% per year).

Export Prices by Country

The average stranded wire export price stood at $X per ton in 2021, increasing by 24% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Netherlands ($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 Russia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Stranded Wire Imports

Imports into Poland

In 2021, supplies from abroad of stranded wire, ropes and cables increased by 27% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stranded wire imports soared to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Hungary (X tons) were the main suppliers of stranded wire imports to Poland, together accounting for 36% of total imports. Slovakia, Germany, Vietnam, Turkey, South Korea, Spain, France, Belarus, Thailand and Russia lagged somewhat behind, together comprising a further 55%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +109.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Germany ($X) and China ($X) were the largest stranded wire suppliers to Poland, with a combined 42% share of total imports. Slovakia, Italy, France, South Korea, Vietnam, Hungary, Spain, Thailand, Belarus and Russia lagged somewhat behind, together accounting for a further 47%.

Among the main suppliers, Russia, with a CAGR of +94.2%, recorded the highest rates of growth with regard to the value of imports, 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 stranded wire import price amounted to $X per ton, increasing by 9.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 9.7% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 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 Turkey ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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