Ukraine - Hot-Rolled Bars In Bearing Steels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Bearing Steel Bar in Ukraine - 2023
Contents:
- Price for Hot-Rolled Bearing Steel Bar in Ukraine (CIF) - 2023
- Price for Hot-Rolled Bearing Steel Bar in Ukraine (FOB) - 2022
- Imports of Hot-Rolled Bearing Steel Bar in Ukraine
- Exports of Hot-Rolled Bearing Steel Bar in Ukraine
Price for Hot-Rolled Bearing Steel Bar in Ukraine (CIF) - 2023
In August 2023, the average hot-rolled bearing steel bar import price amounted to $1,343 per ton, approximately reflecting the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 15% m-o-m. As a result, import price reached the peak level of $1,729 per ton. From October 2022 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was China ($1,586 per ton), while the price for Bulgaria ($1,034 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hot-Rolled Bearing Steel Bar in Ukraine (FOB) - 2022
The average hot-rolled bearing steel bar export price stood at $1,308 per ton in 2022, growing by 7.8% against the previous year. Overall, the export price enjoyed modest growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($1,680 per ton), while the average price for exports to Croatia ($1,068 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 the Czech Republic (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Bearing Steel Bar in Ukraine
In 2022, imports of hot-rolled bars in bearing steels into Ukraine fell notably to 14K tons, waning by -66.5% on the previous year's figure. Overall, imports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of 43K tons, and then fell significantly in the following year.
In value terms, hot-rolled bearing steel bar imports reduced sharply to $18M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $34M, and then fell markedly in the following year.
Import of Hot-Rolled Bearing Steel Bar in Ukraine (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 0.2 | 0.1 | 9.3 | 581.9% |
Russia | 22.6 | 18.0 | 29.7 | 5.5 | -37.6% |
Turkey | 0.5 | 0.2 | 0.5 | 1.0 | 26.0% |
Poland | 0.8 | 0.3 | 0.4 | 1.0 | 7.7% |
China | 0.3 | 0.4 | 0.2 | 0.6 | 26.0% |
Bulgaria | N/A | N/A | 1.2 | 0.4 | -66.7% |
Belarus | 3.1 | 3.6 | 1.8 | 0.2 | -59.9% |
Others | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
Total | 27.5 | 23.0 | 34.4 | 18.4 | -12.5% |
Top Suppliers of Hot-Rolled Bearing Steel Bar to Ukraine in 2022:
- Russia (6.2K tons)
- Germany (5.9K tons)
- Turkey (0.7K tons)
- Poland (0.7K tons)
- China (0.3K tons)
- Bulgaria (0.3K tons)
- Belarus (0.2K tons)
Exports of Hot-Rolled Bearing Steel Bar in Ukraine
After three years of growth, shipments abroad of hot-rolled bars in bearing steels decreased by -70.5% to 2.1K tons in 2022. Overall, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 40%.
In value terms, hot-rolled bearing steel bar exports shrank significantly to $2.8M in 2022. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year.
Export of Hot-Rolled Bearing Steel Bar in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 1,247 | 1,340 | 1,828 | 2,234 | 21.5% |
Poland | 15.9 | 172 | 414 | 88.9 | 77.5% |
Russia | 1,907 | 1,636 | 2,132 | 66.8 | -67.3% |
Czech Republic | N/A | 60.6 | 535 | 60.2 | -0.3% |
Romania | 23.3 | 66.9 | 255 | 54.3 | 32.6% |
Moldova | 16.4 | 9.6 | 41.5 | 52.4 | 47.3% |
Croatia | 45.9 | 23.8 | 221 | 51.9 | 4.2% |
Turkey | 562 | 434 | 1,011 | 26.9 | -63.7% |
Latvia | N/A | 155 | 30.8 | N/A | -80.1% |
Lebanon | 645 | N/A | 598 | N/A | -3.7% |
United Arab Emirates | 587 | 185 | 103 | N/A | -58.1% |
Belarus | 297 | 1,610 | 434 | N/A | 20.9% |
Others | 66.6 | 1,460 | 1,074 | 127 | 24.0% |
Total | 5,414 | 7,153 | 8,677 | 2,763 | -20.1% |
Top Export Markets for Hot-Rolled Bearing Steel Bar from Ukraine in 2022:
- Bulgaria (1783.0 tons)
- Poland (61.3 tons)
- Croatia (48.6 tons)
- Moldova (43.0 tons)
- Romania (36.5 tons)
- Czech Republic (35.9 tons)
- Russia (20.3 tons)
- Turkey (9.4 tons)
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar 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 24106630 - Hot-rolled bars in bearing steels
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
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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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