Price for Chain and Parts Thereof, of Iron or Steel in Ukraine - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Ukraine (CIF) - 2023
- Price for Chain and Parts Thereof, of Iron or Steel in Ukraine (FOB) - 2023
- Imports of Chain and Parts Thereof, of Iron or Steel in Ukraine
- Exports of Chain and Parts Thereof, of Iron or Steel in Ukraine
Price for Chain and Parts Thereof, of Iron or Steel in Ukraine (CIF) - 2023
The average import price for chain and parts thereof, of iron or steel stood at $5,207 per ton in December 2023, which is down by -16.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 47% against the previous month. Over the period under review, average import prices hit record highs at $7,230 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($34,148 per ton), while the price for India ($2,762 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Ukraine (FOB) - 2023
In December 2023, the average export price for chain and parts thereof, of iron or steel amounted to $2,697 per ton, which is down by -8.1% against the previous month. Over the period under review, the export price recorded a slight reduction. The growth pace was the most rapid in June 2023 when the average export price increased by 52% month-to-month. As a result, the export price attained the peak level of $4,997 per ton. From July 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the Czech Republic ($50,008 per ton), while the average price for exports to Poland ($2,254 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Ukraine
In 2022, approx. 4.6K tons of chain and parts thereof, of iron or steel were imported into Ukraine; waning by -32.9% compared with 2021 figures. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
In value terms, imports of chain and parts thereof, of iron or steel shrank rapidly to $24M in 2022. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of $32M, and then shrank sharply in the following year.
| Import of Chain and Parts Thereof, of Iron or Steel in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 9.8 | 13.9 | 12.3 | 2.3% |
| Germany | 5.1 | 4.5 | 4.9 | 3.3 | -13.5% |
| Poland | 1.7 | 1.8 | 2.3 | 1.8 | 1.9% |
| Italy | 1.3 | 1.2 | 1.4 | 1.1 | -5.4% |
| Czech Republic | 0.4 | 1.0 | 1.5 | 1.0 | 35.7% |
| South Korea | 0.6 | 0.6 | 0.6 | 0.2 | -30.7% |
| Russia | 1.3 | 1.1 | 1.9 | 0.1 | -57.5% |
| Others | 6.4 | 5.6 | 5.4 | 3.8 | -16.0% |
| Total | 28.3 | 25.7 | 32.0 | 23.6 | -5.9% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Ukraine in 2022:
- China (3487.1 tons)
- Germany (223.6 tons)
- Poland (213.3 tons)
- Czech Republic (137.7 tons)
- Italy (128.1 tons)
- South Korea (56.3 tons)
- Russia (23.3 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Ukraine
In 2022, overseas shipments of chain and parts thereof, of iron or steel decreased by -49.3% to 1.2K tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports attained the peak of 2.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of chain and parts thereof, of iron or steel fell dramatically to $3.4M in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
| Export of Chain and Parts Thereof, of Iron or Steel in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,323 | 663 | 654 | 958 | -10.2% |
| Poland | 700 | 965 | 861 | 505 | -10.3% |
| Lithuania | 108 | 222 | 254 | 370 | 50.8% |
| Kazakhstan | 285 | 363 | 246 | 291 | 0.7% |
| Latvia | 98.5 | 110 | 106 | 280 | 41.7% |
| Russia | 1,254 | 1,593 | 1,861 | 181 | -47.5% |
| Belarus | 719 | 773 | 854 | 162 | -39.1% |
| Uzbekistan | 48.9 | 75.4 | 41.9 | 70.9 | 13.2% |
| Turkey | 4.7 | 285 | 691 | 0.3 | -60.0% |
| Others | 585 | 969 | 679 | 557 | -1.6% |
| Total | 5,126 | 6,018 | 6,247 | 3,376 | -13.0% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Ukraine in 2022:
- Czech Republic (322.5 tons)
- Poland (230.0 tons)
- Latvia (172.4 tons)
- Lithuania (156.8 tons)
- Kazakhstan (103.7 tons)
- Russia (59.0 tons)
- Uzbekistan (49.2 tons)
- Belarus (42.6 tons)
- Turkey (0.1 tons)
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