Updated Oct 15, 2022 10:21

Metal Bath Market in Poland

Market Overview
In , the Polish metal bath market increased by % to $ for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a deep slump. Metal bath consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

In value terms, metal bath production reached $ in estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by %. Metal bath production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.


Consumption
In , metal bath consumption in Poland fell to units, flattening at the year before. Over the period under review, consumption continues to indicate a abrupt setback. Over the period under review, consumption attained the maximum volume at units in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

The size of the metal bath market in Poland fell to $ in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a perceptible slump. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for metal bath in Poland, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Trade Balance
Poland remains a net importer of metal bath; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of units, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.