diff --git a/poet/code.go b/poet/code.go
index 52c465b..cd36fb2 100644
--- a/poet/code.go
+++ b/poet/code.go
@@ -1,9 +1,19 @@
 package poet
 
 import (
+	"fmt"
+	"regexp"
 	"strings"
 )
 
+const (
+	replaceTypeLiteral rune = 'L'
+	replaceTypeString  rune = 'S'
+	replaceTypeType    rune = 'T'
+)
+
+var stringFormatRegex = regexp.MustCompile(`\${1,2}\d*[LST]`)
+
 type Code struct {
 	RawCode    string
 	IsFlow     bool
@@ -15,8 +25,56 @@ type Code struct {
 	Statements []Code
 }
 
+func stringify(raw any) string {
+	if raw == nil {
+		return "null"
+	}
+
+	return fmt.Sprintf("%v", raw)
+}
+
 func formatRawCode(ctx *Context, rawCode string, arguments []any) string {
-	return ""
+	matchIndex := 0
+
+	return stringFormatRegex.ReplaceAllStringFunc(rawCode, func(match string) string {
+		// if the pattern is escaped
+		if strings.HasPrefix(match, "$$") {
+			return match[1:]
+		}
+
+		argumentIndex, replaceType := 0, rune(match[len(match)-1])
+		for i := 1; i < len(match)-1; i++ {
+			argumentIndex = (argumentIndex * 10) + int(match[i]-'0')
+		}
+
+		argumentIndex -= 1
+		if argumentIndex < 0 {
+			argumentIndex = matchIndex
+		}
+
+		if argumentIndex > len(arguments)-1 {
+			// tried to access an argument that is not there - TODO allow errors to be returned from formatting
+			return match
+		}
+
+		replacement := match
+		switch replaceType {
+		case replaceTypeLiteral:
+			replacement = stringify(arguments[argumentIndex])
+		case replaceTypeString:
+			replacement = fmt.Sprintf("%q", stringify(arguments[argumentIndex]))
+		case replaceTypeType:
+			// it is unlikely that a user will ever want to include the generic constraint in the formatted
+			// value - in the future could make this configurable through extended replace type codes
+			replacement = arguments[argumentIndex].(TypeName).Format(ctx, ExcludeConstraints)
+		}
+
+		if len(match) == 2 {
+			matchIndex += 1
+		}
+
+		return replacement
+	})
 }
 
 func formatStatements(ctx *Context, statements []Code) string {
@@ -47,7 +105,7 @@ func (c *Code) Format(ctx *Context) string {
 
 	if c.IsFlow {
 		// Control flow statement
-		sb.WriteString(c.RawCode)
+		sb.WriteString(formatRawCode(ctx, c.RawCode, c.Arguments))
 		sb.WriteString(" {\n")
 		sb.WriteString(ctx.indent(formatStatements(ctx, c.Statements)))
 		sb.WriteString("}")
@@ -57,7 +115,7 @@ func (c *Code) Format(ctx *Context) string {
 
 	if c.RawCode != "" && !c.IsFlow {
 		// Simple statement
-		sb.WriteString(c.RawCode)
+		sb.WriteString(formatRawCode(ctx, c.RawCode, c.Arguments))
 		if !strings.HasSuffix(c.RawCode, ";") {
 			sb.WriteRune(';')
 		}
diff --git a/poet/code_test.go b/poet/code_test.go
new file mode 100644
index 0000000..c71cb96
--- /dev/null
+++ b/poet/code_test.go
@@ -0,0 +1,104 @@
+package poet
+
+import (
+	"testing"
+
+	"github.com/stretchr/testify/assert"
+)
+
+func TestCodeBuilder_StringFormatting(t *testing.T) {
+	tests := []struct {
+		name     string
+		code     string
+		expected string
+		args     []any
+	}{
+		{
+			name:     "simple replacement",
+			code:     "$T $L = $S",
+			expected: `String test = "a value"`,
+			args:     []any{String, "test", "a value"},
+		},
+		{
+			name:     "complex replacement",
+			code:     "$T $3L = $2S + $3S",
+			expected: `String test = "a value" + "test"`,
+			args:     []any{String, "a value", "test"},
+		},
+		{
+			name:     "nil values",
+			code:     "$1L $1S",
+			expected: `null "null"`,
+			args:     []any{nil},
+		},
+		{
+			name:     "bool values",
+			code:     "$1L $1S",
+			expected: `true "true"`,
+			args:     []any{true},
+		},
+		{
+			name:     "int values",
+			code:     "$1L $1S",
+			expected: `1 "1"`,
+			args:     []any{1},
+		},
+		{
+			name:     "float values",
+			code:     "$1L $1S",
+			expected: `1.1 "1.1"`,
+			args:     []any{1.1},
+		},
+		{
+			name:     "string values",
+			code:     "$1L $1S",
+			expected: `hello "hello"`,
+			args:     []any{"hello"},
+		},
+		{
+			name:     "quoted strings",
+			code:     "$1L $1S",
+			expected: `"hello" "\"hello\""`,
+			args:     []any{`"hello"`},
+		},
+	}
+
+	for _, tt := range tests {
+		t.Run(tt.name, func(t *testing.T) {
+			t.Parallel()
+
+			assert := assert.New(t)
+
+			ctx := NewContext("io.github.tandemdude")
+
+			code := NewCodeBuilder().
+				AddStatement(tt.code, tt.args...).
+				Build()
+
+			assert.Equal(tt.expected+";\n", code.Format(ctx))
+		})
+	}
+}
+
+func TestCodeBuilder_MultipleStatements(t *testing.T) {
+	assert := assert.New(t)
+
+	ctx := NewContext("io.github.tandemdude")
+
+	code := NewCodeBuilder().
+		AddStatement("$L $S", false, true).
+		AddStatement("$L $S", true, false).
+		Build()
+
+	assert.Equal("false \"true\";\ntrue \"false\";\n", code.Format(ctx))
+}
+
+func TestCodeBuilder_NoStatements(t *testing.T) {
+	assert := assert.New(t)
+
+	ctx := NewContext("io.github.tandemdude")
+
+	code := NewCodeBuilder().Build()
+
+	assert.Equal("", code.Format(ctx))
+}