Ukraine: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Ukraine

In 2021, the Ukrainian concrete reinforcing wire rod market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, enjoyed a resilient increase. Concrete reinforcing wire rod consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Wire Rod Used For Concrete Reinforcing in Ukraine

In value terms, concrete reinforcing wire rod production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, saw a perceptible setback. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Wire Rod Used For Concrete Reinforcing

Exports from Ukraine

In 2021, overseas shipments of wire rod used for concrete reinforcing increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a drastic downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concrete reinforcing wire rod exports surged to $X in 2021. In general, exports, however, continue to indicate a pronounced decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Israel (X tons), Senegal (X tons) and Poland (X tons) were the main destinations of concrete reinforcing wire rod exports from Ukraine, with a combined X% share of total exports. These countries were followed by Cote d'Ivoire, Romania, Ghana, the Netherlands, Cameroon, Haiti, Gambia, the Dominican Republic, Benin and Guatemala, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concrete reinforcing wire rod exported from Ukraine were Israel ($X), Senegal ($X) and Ghana ($X), together accounting for X% of total exports. Cote d'Ivoire, Romania, Poland, Cameroon, the Netherlands, the Dominican Republic, Benin, Haiti, Gambia and Guatemala lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concrete reinforcing wire rod export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to Guatemala ($X per ton) and Ghana ($X per ton), while the average price for exports to Haiti ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wire Rod Used For Concrete Reinforcing

Imports into Ukraine

In 2021, supplies from abroad of wire rod used for concrete reinforcing increased by X% to X tons, rising for the seventh year in a row after two years of decline. Overall, imports saw a significant increase. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, concrete reinforcing wire rod imports surged to $X in 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Moldova (X tons) constituted the largest supplier of concrete reinforcing wire rod to Ukraine, accounting for a X% share of total imports. Moreover, concrete reinforcing wire rod imports from Moldova exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold. Belarus (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Moldova stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Belarus (+X% per year).

In value terms, Moldova ($X) constituted the largest supplier of concrete reinforcing wire rod to Ukraine, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Moldova totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average concrete reinforcing wire rod import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Turkey ($X per ton) and Moldova ($X per ton), while the price for Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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