The Iron or Non-Alloy Steel Wire market in Poland, containing more than 0.6% of carbon, has experienced notable fluctuations in its market size value over the past decade. In 2023, the market stood at 119.16 million Euros, showing a modest year-on-year growth of 2%. Over the last five years, the compound annual growth rate (CAGR) has been approximately 1.01%. This growth period saw a peak in 2017 after a significant rise, followed by market corrections and slight growth from 2020 onwards.
Looking forward, future trends to watch for include:
- Increases in demand driven by industrial recovery post-pandemic.
- Potential impacts from global steel market volatilities.
- Technological advancements in steel manufacturing, possibly affecting cost and quality.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 411,920,000 | 2023 | +0.35% | +0.15% | View data |
| 2 | 2 Poland | 119,160,000 | 2023 | +2% | +1.01% | |
| 3 | 3 Romania | 112,590,000 | 2023 | -2.62% | -3.92% | View data |
| 4 | 4 United Kingdom | 76,839,000 | 2023 | +0.3% | -0.53% | View data |
| 5 | 5 Lithuania | 10,845,000 | 2023 | +4.5% | +3.44% | View data |
