Stainless Steel Wire Price in Ukraine - 2023
Contents:
- Stainless Steel Wire Price in Ukraine (CIF) - 2022
- Stainless Steel Wire Price in Ukraine (FOB) - 2022
- Stainless Steel Wire Imports in Ukraine
- Stainless Steel Wire Exports in Ukraine
Stainless Steel Wire Price in Ukraine (CIF) - 2022
The average stainless steel wire import price stood at $3,422 per ton in 2022, waning by -8.3% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25%. The import price peaked at $5,275 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,478 per ton), while the price for China ($3,068 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Wire Price in Ukraine (FOB) - 2022
The average stainless steel wire export price stood at $6,458 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 281%. As a result, the export price attained the peak level of $58,224 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($7,722 per ton), while the average price for exports to Belarus ($4,008 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 Germany (+15.6%), while the prices for the other major destinations experienced a decline.
Stainless Steel Wire Imports in Ukraine
In 2022, supplies from abroad of stainless steel wire decreased by -14.9% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports attained the peak of 1.2K tons, and then reduced in the following year.
In value terms, stainless steel wire imports shrank remarkably to $3.6M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 78%. As a result, imports reached the peak of $4.7M, and then declined significantly in the following year.
| Import of Stainless Steel Wire in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,209 | 1,211 | 1,788 | 949 | -7.8% |
| China | 549 | 536 | 1,360 | 722 | 9.6% |
| Germany | 437 | 469 | 799 | 425 | -0.9% |
| Italy | 185 | 117 | 202 | 107 | -16.7% |
| Czech Republic | 113 | 82.7 | 119 | 63.2 | -17.6% |
| Others | 314 | 202 | 397 | 1,375 | 63.6% |
| Total | 2,808 | 2,618 | 4,665 | 3,641 | 9.0% |
Top Suppliers of Stainless Steel Wire to Ukraine in 2022:
- China (235.4 tons)
- India (206.9 tons)
- Germany (25.8 tons)
- Italy (12.1 tons)
- Czech Republic (8.8 tons)
Stainless Steel Wire Exports in Ukraine
In 2022, approx. 26 tons of stainless steel wire were exported from Ukraine; falling by -24.9% compared with 2021 figures. Overall, exports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports reached the peak of 35 tons, and then declined significantly in the following year.
In value terms, stainless steel wire exports declined rapidly to $168K in 2022. In general, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 94%. As a result, the exports attained the peak of $222K, and then shrank markedly in the following year.
| Export of Stainless Steel Wire in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 59.1 | 51.4 | 66.9 | 37.0 | -14.5% |
| Czech Republic | 22.1 | 3.1 | 50.1 | 27.7 | 7.8% |
| Poland | 14.9 | 12.6 | 30.2 | 16.7 | 3.9% |
| Russia | 5.8 | 6.7 | 23.8 | 13.1 | 31.2% |
| Romania | 0.9 | 0.5 | 22.3 | 12.3 | 139.1% |
| Uzbekistan | 10.5 | 5.7 | 6.7 | 4.2 | -26.3% |
| Georgia | 2.2 | 3.8 | 7.5 | 4.1 | 23.1% |
| Others | 14.6 | 30.3 | 14.0 | 52.5 | 53.2% |
| Total | 130 | 114 | 222 | 168 | 8.9% |
Top Export Markets for Stainless Steel Wire from Ukraine in 2022:
- Belarus (9.2 tons)
- Czech Republic (4.5 tons)
- Poland (3.8 tons)
- Russia (2.5 tons)
- Romania (1.6 tons)
- Georgia (0.9 tons)
- Uzbekistan (0.7 tons)
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