Poland: Market for Wire Rod Of Free-Cutting Steel 2025

Market Size for Wire Rod Of Free-Cutting Steel in Poland

The Polish free-cutting steel wire rod market reduced notably to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a remarkable increase. Free-cutting steel wire rod consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Wire Rod Of Free-Cutting Steel

Exports from Poland

In 2022, overseas shipments of wire rod of free-cutting steel decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, free-cutting steel wire rod exports reduced dramatically to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for free-cutting steel wire rod exports from Poland, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium stood at X%.

In value terms, Belgium ($X) also remains the key foreign market for wire rod of free-cutting steel exports from Poland.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled X%.

Export Prices by Country

In 2022, the average free-cutting steel wire rod export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, free-cutting steel wire rod export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to X% per year.

Imports of Wire Rod Of Free-Cutting Steel

Imports into Poland

Free-cutting steel wire rod imports into Poland declined significantly to X tons in 2022, with a decrease of X% on the previous year's figure. Overall, imports, however, saw buoyant growth. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, free-cutting steel wire rod imports fell markedly to $X in 2022. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest free-cutting steel wire rod supplier to Poland, accounting for a X% share of total imports. Moreover, free-cutting steel wire rod imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), fourfold. The third position in this ranking was held by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the UK (X% per year).

In value terms, Germany ($X) constituted the largest supplier of wire rod of free-cutting steel to Poland, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average free-cutting steel wire rod import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($X per ton) and the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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