Binders for foundry moulds or cores market in Poland

Earlier Report Observations

The Polish market for binders for foundry moulds or cores was influenced early in the period by the COVID-19 pandemic in 2020, which reduced demand for metal components and consequently for foundry binders, contributing to a drop in market value from 28.2 million USD in 2018 to 20.8 million USD in 2020. Public tenders for the supply of binders for ceramic and alcohol-based forms in 2019 and 2020 indicated sustained activity from state entities, providing some support to sector demand.

In the following years, the market showed recovery in value terms, reaching 25.1 million USD by 2023. However, in physical terms, the market volume declined from 43.5 thousand t in 2022 to 40.7 thousand t in 2023. Imports, which had peaked at 15.5 thousand t in 2022, began to contract, while exports steadily grew.

By 2024, the introduction of new technologies such as 3D printing for mould production and the development of eco-friendly binders with biodegradable additives supported a rise in domestic production to 32.3 thousand t. Concurrently, the industry faced challenges including falling demand, high energy prices, and stringent environmental regulations, leading to a sharp reduction in imports and a contraction of the total market volume to 36.4 thousand t.

Production binders for foundry moulds or cores in Poland

In value, 2017-2020, K $ US

In 2020, Poland's production of binders for foundry moulds or cores was valued at 13 768 thousand US dollars, remaining nearly unchanged from the previous year. Between 2018 and 2020, production decreased by 4.7%, which translates to an annualized decline of 1.6%.

Annual dynamics of production in Poland in value, 2017-2020, K $ US

Exports binders for foundry moulds or cores from Poland

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Exports of binders for foundry moulds or cores from Poland bottomed in 2017 and peaked in 2019, with a 2.8-fold difference between these years. In 2020, shipments stood at 1 346 tonnes, reflecting an 18.4% decrease compared to the prior year. The maximum value was recorded in 2019 at 1 649 tonnes, while the largest increase occurred in 2018 with a 152.0% rise.

Annual dynamics of product's exports from Poland in kind, 2017-2020, t

From 2017 to 2020, Ukraine and Belarus were the dominant buyers of binders for foundry moulds or cores from Poland, together accounting for 82.7% of total exports in kind. Other destinations each held relatively small shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Poland in kind, 2017-2020

Exports in value, K $ US

The market exhibited volatility during the observed period. Export volumes of binders for foundry moulds or cores from Poland varied 2.6 times from the low in 2017 to the high in 2019. In 2020, deliveries were valued at 2 656 thousand US dollars, marking a 31.2% decline relative to the previous year. The maximum value was recorded in 2019 at 3 862 thousand US dollars, while the largest increase occurred in 2018 with a 126.3% rise.

Annual dynamics of product's exports from Poland in value, 2017-2020, K $ US

From 2017 to 2020, Ukraine (43.1% of exports in value terms), Belarus (33.3%), and Russia (9.1%) were the main destinations for Poland's exports of binders for foundry moulds or cores in value terms. Together, these three countries accounted for 85.4% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Poland in value, 2017-2020

Imports binders for foundry moulds or cores to Poland

Imports in kind, t

Poland's imports of binders for foundry moulds or cores declined for the second consecutive year. In 2020, imports totaled 8 571 tonnes, which is 12.6% lower year-over-year. Over the period 2017-2020, imports increased by 8.3%, with a compound annual growth rate of 2.7%. The maximum value was recorded in 2018 at 9 571 tonnes. The largest decline occurred in 2019 with a 24.4% drop, while the largest increase was in 2018 with a 63.9% rise.

Annual dynamics of product's imports to Poland in kind, 2017-2020, t

Throughout 2017–2020, Germany (40.5% of imports in kind), Czechia (21.9%), and the United Kingdom (18.0%) formed the key group of partners for Poland's imports of binders for foundry moulds or cores in kind. Together, they represented 80.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Poland in kind, 2017-2020

Imports in value, K $ US

Poland's imports of binders for foundry moulds or cores declined for the second consecutive year. In 2020, imports registered 9 693 thousand US dollars, equivalent to a 19.9% decrease compared to the previous year. Between 2017 and 2020, imports decreased by 10.4%, equating to an annualized decline of 3.6%. The maximum value was recorded in 2018 at 17 060 thousand US dollars. The largest decline occurred in 2019 with a 29.0% drop, while the largest increase was in 2018 with a 57.7% rise.

Annual dynamics of product's imports to Poland in value, 2017-2020, K $ US

In 2017–2020, Germany (40.5% of imports in value terms), the United Kingdom (25.4%), and Czechia (10.6%) consistently remained the main destinations for Poland's imports of binders for foundry moulds or cores in value terms. Together, they accounted for 76.5% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Poland in value, 2017-2020