Price for Steel, Stainless; Ingots and Other Primary Forms in Ukraine - 2023

Contents:

  1. Price for Steel, Stainless; Ingots and Other Primary Forms in Ukraine (FOB) - 2022
  2. Price for Steel, Stainless; Ingots and Other Primary Forms in Ukraine (CIF) - 2022
  3. Exports of Steel, Stainless; Ingots and Other Primary Forms in Ukraine
  4. Imports of Steel, Stainless; Ingots and Other Primary Forms in Ukraine

Price for Steel, Stainless; Ingots and Other Primary Forms in Ukraine (FOB) - 2022

In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $2,662 per ton, increasing by 23% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. As a result, the export price attained the peak level of $3,127 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +43.6% per year.

Price for Steel, Stainless; Ingots and Other Primary Forms in Ukraine (CIF) - 2022

The average import price for steel, stainless; ingots and other primary formses stood at $14,608 per ton in 2022, jumping by 318% against the previous year. In general, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +14.8% per year.

Exports of Steel, Stainless; Ingots and Other Primary Forms in Ukraine

In 2022, after three years of growth, there was decline in overseas shipments of steel, stainless; ingots and other primary formses, when their volume decreased by -0.3% to 41 tons. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, the exports reached the peak of 41 tons, leveling off in the following year.

In value terms, exports of steel, stainless; ingots and other primary formses skyrocketed to $108K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Steel, Stainless; Ingots and Other Primary Forms in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A1.91085584.2%
Netherlands39.651.084.4N/A46.0%
Others0.81.31.6N/A41.4%
Total40.352.387.910838.9%

Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Ukraine in 2022:

  1. Czech Republic (40.5 tons)

Imports of Steel, Stainless; Ingots and Other Primary Forms in Ukraine

In 2022, imports of steel, stainless; ingots and other primary formses into Ukraine fell significantly to 599 kg, reducing by -98% compared with 2021 figures. In general, imports recorded a significant decline. The smallest decline of -62.8% was in 2020.

In value terms, imports of steel, stainless; ingots and other primary formses contracted rapidly to $8.8K in 2022. Overall, imports continue to indicate a precipitous contraction. The smallest decline of -52.9% was in 2020.

Import of Steel, Stainless; Ingots and Other Primary Forms in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.94.30.78.831.2%
Spain146N/AN/AN/A0%
Russia28822.66.4N/A-85.1%
United Kingdom14115324.8N/A-58.1%
India20643.03.1N/A-87.7%
FinlandN/A336N/AN/A0%
Czech Republic1,40547071.6N/A-77.4%
Others5.15.20.8N/A-60.4%
Total2,1961,0341078.8-84.1%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Ukraine in 2022:

  1. China (599.0 kg)

Source: IndexBox Market Intelligence Platform

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