Price for Steel, Alloy; Semi-Finished Products in Poland - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Poland (FOB) - 2023
- Price for Steel, Alloy; Semi-Finished Products in Poland (CIF) - 2022
- Exports of Steel, Alloy; Semi-Finished Products in Poland
- Imports of Steel, Alloy; Semi-Finished Products in Poland
Price for Steel, Alloy; Semi-Finished Products in Poland (FOB) - 2023
In July 2023, the average steel, alloy; semi-finished products export price amounted to $1,300 per ton, increasing by 13% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 23% month-to-month. Over the period under review, the average export prices attained the maximum in July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($1,734 per ton), while the average price for exports to Romania ($871 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Steel, Alloy; Semi-Finished Products in Poland (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $1,223 per ton in 2022, picking up by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,184 per ton), while the price for France ($893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Semi-Finished Products in Poland
In 2022, shipments abroad of steel, alloy; semi-finished productses decreased by -8.9% to 38K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 15%. As a result, the exports reached the peak of 44K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, steel, alloy; semi-finished products exports soared to $48M in 2022. The total export value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Semi-Finished Products in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.2 | 7.6 | 15.8 | 20.1 | 34.8% |
| Germany | 15.1 | 11.8 | 12.7 | 14.1 | -2.3% |
| France | 5.2 | 4.7 | 5.4 | 5.3 | 0.6% |
| United Kingdom | 4.3 | 4.9 | 0.7 | 2.8 | -13.3% |
| Romania | N/A | 1.3 | 2.5 | 1.6 | 10.9% |
| Austria | 0.3 | 0.4 | 0.4 | 1.1 | 54.2% |
| Czech Republic | 1.6 | 2.3 | 0.5 | 0.7 | -24.1% |
| Others | 2.3 | 2.8 | 2.0 | 2.5 | 2.8% |
| Total | 37.0 | 35.8 | 40.1 | 48.2 | 9.2% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Poland in 2022:
- Italy (18.2K tons)
- Germany (10.3K tons)
- France (4.2K tons)
- United Kingdom (1.7K tons)
- Romania (1.5K tons)
- Austria (0.7K tons)
- Czech Republic (0.4K tons)
Imports of Steel, Alloy; Semi-Finished Products in Poland
In 2022, approx. 49K tons of steel, alloy; semi-finished productses were imported into Poland; surging by 141% on 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports surged to $60M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Semi-Finished Products in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 0.8 | 0.1 | 1.9 | 31.3 | 239.5% |
| Czech Republic | 8.1 | 3.5 | 5.4 | 6.5 | -7.1% |
| Germany | 3.2 | 1.7 | 4.9 | 6.4 | 26.0% |
| Italy | 1.9 | 1.1 | 2.6 | 4.5 | 33.3% |
| Austria | 0.8 | 0.3 | 1.7 | 2.2 | 40.1% |
| France | 0.2 | 0.9 | 3.3 | 0.7 | 51.8% |
| Others | 1.8 | 1.5 | 2.8 | 7.9 | 63.7% |
| Total | 16.9 | 9.1 | 22.5 | 59.5 | 52.1% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Poland in 2022:
- Ukraine (34.5K tons)
- Czech Republic (5.0K tons)
- Germany (3.0K tons)
- Italy (2.1K tons)
- Austria (1.3K tons)
- France (0.8K tons)
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