Poland - Hot-Rolled Wire Rod - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Poland - Hot-Rolled Wire Rod - Market Analysis, Forecast, Size, Trends and Insights

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Price for Hot-Rolled Wire Rod in Coils in Poland - 2023

Contents:

  1. Price for Hot-Rolled Wire Rod in Coils in Poland (FOB) - 2023
  2. Price for Hot-Rolled Wire Rod in Coils in Poland (CIF) - 2023
  3. Exports of Hot-Rolled Wire Rod in Coils in Poland
  4. Imports of Hot-Rolled Wire Rod in Coils in Poland

Price for Hot-Rolled Wire Rod in Coils in Poland (FOB) - 2023

The average export price for hot-rolled wire rods in coils stood at $715 per ton in December 2023, with a decrease of -6.9% against the previous month. Over the period under review, the export price showed a slight setback. The growth pace was the most rapid in November 2023 an increase of 4.8% against the previous month. The export price peaked at $855 per ton in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In December 2023, the highest price was recorded for prices to Germany ($912 per ton) and Sweden ($863 per ton), while the average price for exports to the United States ($652 per ton) and Lithuania ($711 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.4%), while the prices for the other major destinations experienced a decline.

Price for Hot-Rolled Wire Rod in Coils in Poland (CIF) - 2023

In December 2023, the average import price for hot-rolled wire rods in coils amounted to $707 per ton, with an increase of 1.5% against the previous month. In general, the import price, however, recorded a mild contraction. The growth pace was the most rapid in March 2023 when the average import price increased by 7.9% against the previous month. Over the period under review, average import prices attained the peak figure at $825 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Italy ($765 per ton) and the Czech Republic ($751 per ton), while the price for Ukraine ($644 per ton) and Moldova ($651 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (+0.3%), while the prices for the other major suppliers experienced a decline.

Exports of Hot-Rolled Wire Rod in Coils in Poland

In 2022, the amount of hot-rolled wire rods in coils exported from Poland surged to 590K tons, rising by 16% on 2021 figures. The total export volume increased at an average annual rate of +14.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, hot-rolled wire rod in coils exports soared to $590M in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 69% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Hot-Rolled Wire Rod in Coils in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic79.892.415323242.7%
Germany29.125.252.110553.4%
Slovakia37.444.090.290.234.1%
Italy17.420.623.236.728.2%
Hungary17.013.719.320.97.1%
Romania10.47.611.720.625.6%
Lithuania1.61.72.113.3102.6%
Sweden3.26.011.812.758.3%
Australia18.214.337.612.3-12.2%
Others26.633.837.845.919.9%
Total24125943959034.8%

Top Export Markets for Hot-Rolled Wire Rod in Coils from Poland in 2022:

  1. Czech Republic (225.1K tons)
  2. Germany (111.8K tons)
  3. Slovakia (88.2K tons)
  4. Italy (37.7K tons)
  5. Romania (23.3K tons)
  6. Hungary (20.6K tons)
  7. Lithuania (15.3K tons)
  8. Australia (14.6K tons)
  9. Sweden (10.4K tons)

Imports of Hot-Rolled Wire Rod in Coils in Poland

In 2022, approx. 620K tons of hot-rolled wire rods in coils were imported into Poland; with a decrease of -13% against the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 712K tons, and then fell in the following year.

In value terms, hot-rolled wire rod in coils imports contracted modestly to $589M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 127%. As a result, imports attained the peak of $609M, and then contracted modestly in the following year.

Import of Hot-Rolled Wire Rod in Coils in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1471081921500.7%
Italy24.123.610414079.8%
Ukraine24.822.743.911265.3%
Czech Republic43.352.010273.519.3%
Moldova25.713.848.522.6-4.2%
Luxembourg0.11.714.217.0454.0%
United Kingdom8.94.69.816.723.3%
Belarus12.019.449.67.5-14.5%
Russia17.07.215.83.3-42.1%
Others20.015.529.145.531.5%
Total32326960958922.2%

Top Suppliers of Hot-Rolled Wire Rod in Coils to Poland in 2022:

  1. Germany (150.5K tons)
  2. Italy (140.5K tons)
  3. Ukraine (139.1K tons)
  4. Czech Republic (79.3K tons)
  5. Moldova (27.1K tons)
  6. Luxembourg (18.5K tons)
  7. United Kingdom (15.5K tons)
  8. Belarus (9.3K tons)
  9. Russia (3.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hot-rolled wire rod market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

  • Prodcom 2410T231 - Hot-rolled wire rod

Country coverage:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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