Ukraine - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIron Ore Price in Ukraine - 2023
Contents:
- Iron Ore Price in Ukraine (FOB) - 2022
- Iron Ore Price in Ukraine (CIF) - 2022
- Iron Ore Exports in Ukraine
- Iron Ore Imports in Ukraine
Iron Ore Price in Ukraine (FOB) - 2022
The average iron ore export price stood at $121 per ton in 2022, with a decrease of -18.5% against the previous year. In general, the export price, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2021 an increase of 63% against the previous year. As a result, the export price attained the peak level of $149 per ton, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($158 per ton), while the average price for exports to China ($85 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Iron Ore Price in Ukraine (CIF) - 2022
The average iron ore import price stood at $646 per ton in 2022, increasing by 548% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,958 per ton), while the price for the UK ($514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Ore Exports in Ukraine
In 2022, shipments abroad of iron ores and concentrates decreased by -47.5% to 24M tons, falling for the second consecutive year after two years of growth. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of 46M tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, iron ore exports shrank markedly to $2.9B in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $6.8B, and then reduced notably in the following year.
| Export of Iron Ore in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 266 | 86.8 | 441 | 560 | 28.2% |
| Czech Republic | 344 | 300 | 647 | 504 | 13.6% |
| Poland | 413 | 373 | 532 | 480 | 5.1% |
| Austria | 291 | 295 | 535 | 410 | 12.1% |
| China | 1,169 | 2,492 | 2,918 | 379 | -31.3% |
| Romania | 135 | 86.2 | 190 | 201 | 14.2% |
| Serbia | 182 | 56.4 | 83.8 | 75.0 | -25.6% |
| Japan | 137 | 48.8 | 148 | 54.0 | -26.7% |
| Others | 461 | 502 | 1,315 | 250 | -18.5% |
| Total | 3,398 | 4,239 | 6,811 | 2,914 | -5.0% |
Top Export Markets for Iron Ore from Ukraine in 2022:
- Czech Republic (4.4M tons)
- China (4.4M tons)
- Poland (4.2M tons)
- Slovakia (3.8M tons)
- Austria (2.8M tons)
- Romania (1.6M tons)
- Serbia (0.6M tons)
- Japan (0.4M tons)
Iron Ore Imports in Ukraine
In 2022, the amount of iron ores and concentrates imported into Ukraine dropped dramatically to 101 tons, reducing by -91.9% compared with the year before. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 391% against the previous year.
In value terms, iron ore imports dropped remarkably to $65K in 2022. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year.
| Import of Iron Ore in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 23.8 | 0% |
| Netherlands | 83.9 | 55.3 | 38.7 | 18.2 | -39.9% |
| United Kingdom | 33.3 | N/A | 11.3 | 11.3 | -30.2% |
| Italy | 0.6 | N/A | N/A | 10.3 | 158.0% |
| Russia | 1,283 | 2.2 | 7.0 | 1.0 | -90.8% |
| Egypt | N/A | N/A | 41.8 | N/A | 0% |
| Others | 11.3 | 17.1 | 25.4 | 0.6 | -62.4% |
| Total | 1,412 | 74.6 | 124 | 65.1 | -64.1% |
Top Suppliers of Iron Ore to Ukraine in 2022:
- Norway (44.0 tons)
- United Kingdom (22.0 tons)
- Netherlands (19.2 tons)
- Italy (15.1 tons)
- Russia (0.3 tons)
This report provides an in-depth analysis of the iron ore market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 07101000 - Iron ores and concentrates (excluding roasted iron pyrites)
- Prodcom 07101010 -
- Prodcom 07101020 -
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the iron ore market in Ukraine.
527
This report provides an in-depth analysis of the iron ore market in Ukraine.
226
This report provides an in-depth analysis of the roasted iron pyrites market in Ukraine.
2138
This report provides an in-depth analysis of the global iron ore market.
1215
This report provides an in-depth analysis of the global iron ore market.
573
This report provides an in-depth analysis of the global roasted iron pyrites market.
633
This report provides an in-depth analysis of the iron ore market in Ukraine.
527
This report provides an in-depth analysis of the iron ore market in Ukraine.
226
This report provides an in-depth analysis of the roasted iron pyrites market in Ukraine.
2138
This report provides an in-depth analysis of the global iron ore market.
503
Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
735
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
1005
In value terms, ores and concentrates; n.e.c. in heading no. X imports totaled $X in 2016. In general, ores and concentrates; n.e.c. in heading no. X imports continue to indicate a remarkable...
949
In value terms, ferrous products imports stood at $X in 2016. Overall, ferrous products imports continue to indicate a slight reduction. Over the period under review, global ferrous products import...
1154
In value terms, ferrous products exports stood at $X in 2016. Overall, ferrous products exports continue to indicate a abrupt deduction. Over the period under review, global ferrous products export...
1286
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
1344
Global iron ore imports stood at X tons in 2016, remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...
503
Explore the top import markets for iron ore, including China, Japan, South Korea, and more. Learn about the key statistics and import values of these countries. Discover valuable insights using the IndexBox market intelligence platform.
735
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
