Iron or steel reservoirs and tanks with capacity >300 l market in Poland

Earlier Report Observations

The market for iron or steel reservoirs and tanks in Poland experienced significant fluctuations between 2018 and 2024. After starting at 423.9 million US dollars in 2018, market size dropped to 370.5 million in 2019 and further to 295.2 million in 2020. It then recovered to 342.7 million in 2022, but fell again to 314.8 million by 2024. Domestic production followed a similar pattern, declining from 647.3 million in 2018 to 531.6 million in 2020, rebounding to 654.6 million in 2022, and then decreasing to 627.0 million in 2024.

International trade flows contributed to market dynamics. Imports remained relatively low until 2021, then surged to 59.3 million in 2022 and 78.5 million in 2023, before dropping sharply to 42.6 million in 2024. Exports showed overall growth, rising from 252.1 million in 2018 to a peak of 371.3 million in 2022, with slight declines in 2023 and 2024.

Production iron or steel reservoirs and tanks with capacity >300 l in Poland

In value, 2017-2020, M $ US

Poland's production of iron or steel reservoirs and tanks with a capacity exceeding 300 liters declined for the second year in a row. In 2020, output was valued at 531.6 million US dollars, marking a significant 14.9% drop compared to the previous year. Over the 2017-2020 period, production decreased by 5.6%, with an annualized growth rate of -1.9%. The highest value was recorded in 2018 at 647.3 million US dollars, which also saw the largest increase of 14.9%.

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

In kind, 2017-2020, K t

In 2020, Poland produced 189.4 thousand tons of iron or steel reservoirs and tanks with a capacity over 300 liters, representing a modest 1.8% increase from the previous year. Between 2017 and 2020, overall production decreased by 5.6%, equivalent to an annual decline of 1.9%. The lowest output was in 2019 at 186.0 thousand tons, which also experienced the largest drop of 9.9%. In contrast, 2018 saw the highest production at 206.4 thousand tons, with the biggest increase of 2.8%.

Annual dynamics of production in Poland in kind, 2017-2020, K t

Exports iron or steel reservoirs and tanks with capacity >300 l from Poland

Exports in kind, K t

Following two years of growth, Poland's exports of iron or steel reservoirs and tanks with a capacity exceeding 300 liters declined. In 2020, exports totaled 100.1 thousand tons, showing a slight decrease of 2.6% compared to the previous year. Over the 2017-2020 period, exports increased by 25.2%, with an annual growth rate of 7.8%. The peak was in 2019 at 102.8 thousand tons, while 2018 recorded the largest increase of 13.9%.

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

From 2017 to 2020, Germany, Sweden, and Russia were the top three markets for Poland's exports of these reservoirs and tanks in volume terms, collectively accounting for 59.0% of total flows.

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, M $ US

After two years of expansion, Poland's exports of iron or steel reservoirs and tanks with a capacity over 300 liters in value terms declined. In 2020, exports amounted to 259.0 million US dollars, reflecting an 8.0% reduction from 2019. Over the 2017-2020 period, exports grew by 38.4%, with an annualized rate of 11.4%. The highest value was in 2019 at 281.7 million US dollars, and 2018 saw the largest increase of 34.7%.

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

Between 2017 and 2020, Germany, Sweden, and Ukraine were the leading markets for Poland's exports of these reservoirs and tanks in value terms, with shares of 31.5%, 13.0%, and 6.0% respectively. Together, they accounted for 50.5% 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 iron or steel reservoirs and tanks with capacity >300 l to Poland

Imports in kind, K t

Following two years of decline, Poland's imports of iron or steel reservoirs and tanks with a capacity exceeding 300 liters in volume terms increased. In 2020, imports reached 4.6 thousand tons, indicating a 15.9% year-over-year advance. Over the 2017-2020 period, imports decreased by 7.1%, equivalent to an annual decline of 2.4%. The lowest volume was in 2019 at 4.0 thousand tons, which also experienced the largest drop of 11.7%.

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

An analysis of imports in volume terms from 2017 to 2020 reveals a broad distribution across many markets. Germany, Spain, and Belgium were the top suppliers, with shares of 19.7%, 15.4%, and 9.1% respectively, but together they accounted for only 44.2% of total flows. The remaining 55.8% came from other partners, highlighting a diverse import structure.

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, M $ US

Poland's imports of iron or steel reservoirs and tanks with a capacity over 300 liters in value terms declined for the second consecutive year. In 2020, imports stood at 22.6 million US dollars, reflecting a sharp contraction of 17.3% compared to the previous year. Over the 2017-2020 period, imports decreased by 17.7%, with an annualized decline of 6.3%. The highest value was recorded in 2018 at 28.7 million US dollars, which also saw the largest increase of 4.6%.

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

From 2017 to 2020, Germany, China, and Spain were the largest suppliers of these reservoirs and tanks to Poland in value terms, with shares of 22.9%, 7.3%, and 6.6% respectively. However, their combined contribution was limited to 36.8% of total imports, indicating a diversified country structure.

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

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