Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland - 2023

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (CIF) - 2023
  2. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (FOB) - 2023
  3. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland
  4. Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (CIF) - 2023

The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $3,813 per ton in October 2023, waning by -40.7% against the previous month. Over the period under review, the import price continues to indicate a mild descent. The pace of growth appeared the most rapid in September 2023 an increase of 27% month-to-month. The import price peaked at $6,478 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Taiwan (Chinese) ($5,331 per ton), while the price for China ($2,543 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (FOB) - 2023

The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $6,576 per ton in October 2023, increasing by 38% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($11,443 per ton), while the average price for exports to the United States ($4,121 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland

In 2022, approx. 53K tons of stainless steel bars and rods, angles, shapes and sectionses were imported into Poland; remaining relatively unchanged against the year before. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $245M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.746.972.586.834.5%
India43.320.339.463.013.3%
Italy31.721.733.933.21.6%
Netherlands3.76.25.89.336.0%
China2.02.93.47.454.7%
France12.46.57.16.0-21.5%
Taiwan (Chinese)5.22.02.05.94.3%
Finland0.65.25.14.595.7%
Spain3.43.84.24.59.8%
Austria3.83.03.13.80.0%
Lithuania2.61.62.01.5-16.8%
Others22.713.616.218.9-5.9%
Total16713319524513.6%

Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Poland in 2022:

  1. India (19.7K tons)
  2. Germany (14.7K tons)
  3. Italy (6.2K tons)
  4. Finland (2.3K tons)
  5. China (2.2K tons)
  6. Taiwan (Chinese) (1.2K tons)
  7. France (1.0K tons)
  8. Netherlands (0.8K tons)
  9. Austria (0.8K tons)
  10. Spain (0.7K tons)
  11. Lithuania (0.6K tons)

Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland

In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses exported from Poland stood at 19K tons, picking up by 11% compared with 2021 figures. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses soared to $98M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.712.719.523.19.3%
Czech Republic8.57.212.515.522.2%
Hungary3.33.45.57.531.5%
Italy3.23.24.06.727.9%
Slovakia3.83.44.26.419.0%
France1.81.62.03.929.4%
Lithuania2.32.43.43.211.6%
Finland0.52.43.52.877.6%
Sweden1.81.32.62.815.9%
Romania1.51.31.82.518.6%
Slovenia0.81.41.22.240.1%
Austria0.80.90.91.523.3%
Croatia0.40.50.91.451.8%
Others15.214.718.818.26.2%
Total61.656.480.897.916.7%

Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Poland in 2022:

  1. Germany (4.6K tons)
  2. Czech Republic (3.0K tons)
  3. Hungary (1.4K tons)
  4. Italy (1.3K tons)
  5. Slovakia (1.2K tons)
  6. Lithuania (0.9K tons)
  7. Romania (0.5K tons)
  8. France (0.5K tons)
  9. Slovenia (0.5K tons)
  10. Finland (0.4K tons)
  11. Sweden (0.4K tons)
  12. Austria (0.3K tons)
  13. Croatia (0.3K tons)

Source: IndexBox Market Intelligence Platform

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