Price for Iron or Steel; Cast Articles in Ukraine - 2023
Contents:
- Price for Iron or Steel; Cast Articles in Ukraine (CIF) - 2022
- Price for Iron or Steel; Cast Articles in Ukraine (FOB) - 2023
- Imports of Iron or Steel; Cast Articles in Ukraine
- Exports of Iron or Steel; Cast Articles in Ukraine
Price for Iron or Steel; Cast Articles in Ukraine (CIF) - 2022
The average import price for iron or steel; cast articleses stood at $2,614 per ton in 2022, growing by 47% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($30,167 per ton), while the price for Russia ($1,330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Ukraine (FOB) - 2023
The average export price for iron or steel; cast articleses stood at $2,100 per ton in May 2023, dropping by -3% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 48% against the previous month. As a result, the export price reached the peak level of $3,200 per ton. From August 2022 to May 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($3,657 per ton), while the average price for exports to France ($253 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Cast Articles in Ukraine
After three years of growth, purchases abroad of iron or steel; cast articleses decreased by -64.9% to 3.6K tons in 2022. Overall, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 10K tons, and then declined sharply in the following year.
In value terms, iron or steel; cast articles imports contracted rapidly to $9.4M in 2022. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $18M, and then declined remarkably in the following year.
| Import of Iron or Steel; Cast Articles in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 5.5 | 5.8 | 3.4 | -4.5% |
| United States | 1.7 | 0.6 | 1.7 | 1.6 | -2.0% |
| Poland | 1.1 | 1.0 | 2.1 | 1.5 | 10.9% |
| Turkey | 1.0 | 1.1 | 0.7 | 0.8 | -7.2% |
| Slovenia | 0.4 | 0.5 | 0.7 | 0.4 | 0.0% |
| Thailand | 0.4 | 0.4 | 0.8 | 0.4 | 0.0% |
| Czech Republic | 0.4 | 0.5 | 0.8 | 0.3 | -9.1% |
| Russia | 1.4 | 0.9 | 1.7 | 0.2 | -47.7% |
| Belarus | 1.6 | 0.9 | 1.0 | 0.1 | -60.3% |
| India | 0.3 | 1.2 | 1.2 | 0.1 | -30.7% |
| Others | 2.3 | 1.9 | 1.9 | 0.7 | -32.7% |
| Total | 14.5 | 14.5 | 18.3 | 9.4 | -13.5% |
Top Suppliers of Iron or Steel; Cast Articles to Ukraine in 2022:
- China (1615.1 tons)
- Poland (716.2 tons)
- Slovenia (227.1 tons)
- Thailand (204.0 tons)
- Russia (180.4 tons)
- United States (174.7 tons)
- Turkey (138.2 tons)
- Czech Republic (135.4 tons)
- Belarus (52.3 tons)
- India (49.5 tons)
Exports of Iron or Steel; Cast Articles in Ukraine
For the fourth consecutive year, Ukraine recorded growth in overseas shipments of iron or steel; cast articleses, which increased by 34% to 7.7K tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, iron or steel; cast articles exports skyrocketed to $18M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel; Cast Articles in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.9 | 1.5 | 2.5 | 12.3 | 139.1% |
| Finland | N/A | 0.2 | 0.1 | 1.5 | 173.9% |
| Germany | 1.1 | 0.8 | 1.5 | 0.8 | -10.1% |
| Netherlands | 0.3 | 0.3 | 1.3 | 0.7 | 32.6% |
| Sweden | N/A | N/A | N/A | 0.5 | 0% |
| Romania | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Belarus | 1.4 | 0.6 | 1.1 | 0.1 | -58.5% |
| Spain | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 2.2 | 5.8 | 4.2 | 2.0 | -3.1% |
| Total | 6.4 | 9.5 | 11.0 | 18.5 | 42.5% |
Top Export Markets for Iron or Steel; Cast Articles from Ukraine in 2022:
- Poland (4310.3 tons)
- Finland (1158.3 tons)
- Netherlands (560.0 tons)
- Germany (374.3 tons)
- Romania (174.4 tons)
- Sweden (171.6 tons)
- Spain (155.6 tons)
- Belarus (21.3 tons)
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