Ukraine: Market for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) 2022

Market Size for Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in Ukraine

In 2020, the Ukrainian iron and steel wire market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a noticeable downturn. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Production of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel) in Ukraine

In value terms, iron and steel wire production contracted to $X in 2020 estimated in export prices. In general, production saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Iron and steel wire production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)

Exports from Ukraine

In 2020, overseas shipments of wire of iron or non-alloy steel (stainless steel or other alloy steel) increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, iron and steel wire exports expanded remarkably to $X in 2020. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Poland (X tons), Germany (X tons) and Belarus (X tons) were the main destinations of iron and steel wire exports from Ukraine, with a combined X% share of total exports. These countries were followed by Moldova, Romania, Hungary, the Netherlands, Luxembourg, Slovakia, the Czech Republic and Lithuania, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Belarus ($X) appeared to be the largest markets for iron and steel wire exported from Ukraine worldwide, with a combined X% share of total exports. Romania, Moldova, Hungary, the Czech Republic, the Netherlands, Luxembourg, Slovakia and Lithuania lagged somewhat behind, together comprising a further X the main countries of destination, Luxembourg (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average iron and steel wire export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were the Czech Republic ($X per ton) and Luxembourg ($X per ton), while the average price for exports to Moldova ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wire Of Iron Or Non-Alloy Steel (Stainless Steel Or Other Alloy Steel)

Imports into Ukraine

In 2020, overseas purchases of wire of iron or non-alloy steel (stainless steel or other alloy steel) decreased by -X% to X tons for the first time since 2015, thus ending a four-year rising trend. Overall, imports showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, iron and steel wire imports declined to $X in 2020. In general, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest iron and steel wire supplier to Ukraine, accounting for a X% share of total imports. Moreover, iron and steel wire imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

In value terms, China ($X), Germany ($X) and Slovakia ($X) appeared to be the largest iron and steel wire suppliers to Ukraine, together accounting for X% of total imports. Poland, Turkey, Belarus, the Czech Republic, Spain, Italy, Kazakhstan, Russia, the Netherlands and Hungary lagged somewhat behind, together comprising a further X terms of the main suppliers, Kazakhstan (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average iron and steel wire import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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