Price for Powders of Pig Iron in Ukraine - 2023

Price for Powders of Pig Iron in Ukraine (CIF) - 2022

The average powders of pig iron import price stood at $3,041 per ton in 2022, increasing by 79% against the previous year. In general, the import price, however, saw a abrupt setback. Over the period under review, average import prices reached the maximum at $5,644 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 France ($25,709 per ton), while the price for Romania ($1,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced a decline.

Price for Powders of Pig Iron in Ukraine (FOB) - 2022

The average powders of pig iron export price stood at $1,237 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. The export price peaked at $1,308 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,619 per ton), while the average price for exports to Poland ($778 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 Uzbekistan (+58.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powders of Pig Iron in Ukraine

In 2022, powders of pig iron imports into Ukraine contracted notably to 203 tons, dropping by -72.5% compared with the previous year. In general, imports recorded a precipitous decline. The smallest decline of -8.1% was in 2020.

In value terms, powders of pig iron imports shrank markedly to $617K in 2022. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 0.2%.

Import of Powders of Pig Iron in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	119	131	196	191	17.1%
France	40.7	32.0	68.6	158	57.2%
Romania	470	349	413	127	-35.3%
Germany	104	133	140	67.3	-13.5%
Sweden	84.6	41.8	22.1	46.0	-18.4%
Italy	11.0	17.6	5.6	16.9	15.4%
Russia	431	483	368	N/A	-7.6%
Bosnia and Herzegovina	55.2	N/A	N/A	N/A	0%
Others	28.4	62.9	39.6	11.0	-27.1%
Total	1,344	1,250	1,253	617	-22.9%

Top Suppliers of Powders of Pig Iron to Ukraine in 2022:

Romania (127.0 tons)
Sweden (41.0 tons)
China (18.6 tons)
France (6.1 tons)
Italy (5.3 tons)
Germany (4.3 tons)

Exports of Powders of Pig Iron in Ukraine

In 2022, after three years of growth, there was significant decline in shipments abroad of powders of pig ira, when their volume decreased by -8.9% to 609 tons. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, the exports attained the peak of 668 tons, and then reduced in the following year.

In value terms, powders of pig iron exports soared to $753K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 119%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Powders of Pig Iron in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uzbekistan	N/A	11.3	57.1	319	431.3%
Turkey	N/A	0.4	N/A	89.2	1393.3%
Poland	73.9	5.2	8.8	76.3	1.1%
Italy	N/A	N/A	29.3	66.4	126.6%
Slovakia	4.9	N/A	91.6	54.7	123.5%
Czech Republic	19.7	7.4	14.2	46.9	33.5%
Belarus	26.3	104	232	35.3	10.3%
Russia	99.8	53.5	110	9.1	-55.0%
Lithuania	18.7	3.2	0.1	N/A	-92.7%
United Arab Emirates	N/A	79.4	N/A	N/A	0%
Others	7.0	23.0	83.6	55.8	99.8%
Total	250	287	627	753	44.4%