Iron or steel stranded wire and ropes market in Poland

Earlier Report Observations

The market for iron or steel stranded wire and ropes in Poland experienced significant fluctuations between 2018 and 2024. After an initial decline from 146.5 thousand tons in 2018 to 130.2 thousand tons in 2020, consumption rebounded strongly, reaching a peak of 160.5 thousand tons in 2022. This growth was driven by concurrent increases in domestic production, which rose to 69.7 thousand tons, and imports, which climbed to 112.6 thousand tons.

By 2024, the market volume had contracted sharply to 133.7 thousand tons. This downturn coincided with broader European trends, including a shift in material preference where the share of iron and steel stranded wire in the EU decreased by 9.3% in favor of copper and aluminium alternatives. Furthermore, the product's price was among the lowest in 2024 at approximately $2,607 per ton, affecting its cost competitiveness and likely influencing demand.

Poland remained an active participant in the regional market, with imports valued at $141 million in 2023. The supply chain dynamics were notably influenced by China, which accounted for 36% of all such imports into the European Union, shaping availability and pricing conditions for the Polish market.

Production iron or steel stranded wire and ropes in Poland

In value, 2017-2020, M $ US

After two years of decline, Poland's production of iron or steel stranded wire and ropes increased in 2020. The output was valued at 121.4 million US dollars, marking a 1.0% rise compared to 2019. Over the period from 2017 to 2020, production decreased by 13.1%, with a compound annual growth rate of 4.6%. The lowest value was recorded in 2019 at 120.2 million US dollars, while the largest decline occurred in 2018 at 9.3%.

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

In kind, 2017-2020, t

Iron or steel stranded wire and ropes production in Poland increased for the second consecutive year. In 2020, Poland produced 62,889 tonnes, representing a slight uptick of 0.7% compared to 2019. Between 2017 and 2020, production decreased by 29.7%, equating to an annualized rate of 11.1%. The minimum value was recorded in 2018 at 61,130 tonnes. The largest decline also occurred in 2018 at 31.7%, while the largest increase was in 2019 at 2.2%.

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

Exports iron or steel stranded wire and ropes from Poland

Exports in kind, K t

Iron or steel stranded wire and ropes exports from Poland declined for the third consecutive year. In 2020, exports amounted to 13.4 thousand tonnes, which is 15.7% less than the previous year. Between 2017 and 2020, exports decreased by 41.2%, equating to an annualized rate of 16.2%.

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

From 2017 to 2020, Germany, the Netherlands, and Slovakia remained the top buyers of iron or steel stranded wire and ropes from Poland. Germany accounted for 35.2% of exports in kind, the Netherlands for 12.6%, and Slovakia for 8.4%. Together, these three countries represented 56.3% of total exports in kind.

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

Cross-border shipments of iron or steel stranded wire and ropes from Poland declined for the second consecutive year. In 2020, exports totalled 40.0 million US dollars, representing a moderate decline of 10.0% relative to the prior year. Between 2017 and 2020, exports decreased by 17.4%, equating to an annualized rate of 6.2%. The maximum value was recorded in 2018 at 57.2 million US dollars. The largest decline occurred in 2019 at 22.2%, while the largest increase was in 2018 at 17.9%.

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

From 2017 to 2020, the country structure of exports in value terms was highly diversified. Germany accounted for 31.6% of exports in value terms, Italy for 9.6%, and the Netherlands for 8.3%. Together, these three countries represented only 49.5% of total flows, with the remaining 50.5% distributed among a long tail of smaller markets.

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 stranded wire and ropes to Poland

Imports in kind, K t

Cross-border shipments of iron or steel stranded wire and ropes to Poland declined for the second consecutive year. In 2020, Poland imported 105.8 thousand tonnes, equivalent to a limited drop of 7.1% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 13.5%, with a compound annual growth rate of 4.7%. The maximum value was recorded in 2018 at 105.8 thousand tonnes. The largest decline occurred in 2019 at 17.9%, while the largest increase was in 2018 at 13.5%.

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

From 2017 to 2020, imports in kind of iron or steel stranded wire and ropes to Poland were spread across many countries. Italy accounted for 11.6% of imports in kind, China for 10.5%, and Hungary for 10.0%. Together, these three countries represented only 32.0% of total 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, M $ US

Imported iron or steel stranded wire and ropes volumes to Poland declined for the second consecutive year. In 2020, imports came to 168.5 million US dollars, constituting a limited decrease of 7.2% compared to the previous year. The maximum value was recorded in 2018 at 217.0 million US dollars. The largest decline occurred in 2019 at 16.3%, while the largest increase was in 2018 at 28.9%.

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

Over the period from 2017 to 2020, the geographical structure of imports in value terms was highly diversified. Italy accounted for 12.8% of imports in value terms, China for 11.6%, and Germany for 10.0%. Together, these three countries represented only 34.4% of total flows, while the remaining 65.6% was distributed among numerous smaller partner countries.

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

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