Ukraine: Nail And Bolt Market 2024

Nail And Bolt Market Size in Ukraine

The Ukrainian nail and bolt market fell significantly to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a pronounced downturn. Nail and bolt consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Nail And Bolt Production in Ukraine

In value terms, nail and bolt production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The growth pace was the most rapid in 2018 with an increase of X%. Nail and bolt production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Nail And Bolt Exports

Exports from Ukraine

After two years of growth, overseas shipments of nails, tacks, staples, screws and bolts decreased by X% to X tons in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, nail and bolt exports reduced notably to $X in 2022. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for nail and bolt exports from Ukraine, with a X% share of total exports. Moreover, nail and bolt exports to Poland exceeded the volume sent to the second major destination, Moldova (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Italy (X% per year).

In value terms, Poland ($X) remains the key foreign market for nails, tacks, staples, screws and bolts exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average nail and bolt export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nail and bolt export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Romania ($X 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 Turkmenistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Ukraine

After four years of growth, purchases abroad of nails, tacks, staples, screws and bolts decreased by X% to X tons in 2022. In general, imports continue to indicate a perceptible decline. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, nail and bolt imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest nail and bolt supplier to Ukraine, accounting for a X% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), sixfold. The third position in this ranking was taken by Malaysia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Ukraine, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with an X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nail and bolt import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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