Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine - 2023

Contents:

  1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (CIF) - 2022
  2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (FOB) - 2022
  3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine
  4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $7,670 per ton, with an increase of 36% against the previous year. In general, the import price, however, saw a perceptible contraction. Over the period under review, average import prices attained the maximum at $11,568 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($60,945 per ton), while the price for Turkey ($1,743 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (FOB) - 2022

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $3,325 per ton in 2022, growing by 23% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel; non-threaded cotters and cotter-pinses increased by +62.7% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($27,153 per ton), while the average price for exports to Poland ($1,473 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 Belarus (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine

In 2022, purchases abroad of iron or steel; non-threaded cotters and cotter-pinses decreased by -65.3% to 189 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 75%.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses shrank dramatically to $1.5M in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 27%.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China460559704369-7.1%
Germany265362486256-1.1%
United States319326387226-10.9%
Poland154241265137-3.8%
Italy140154184108-8.3%
Turkey14728040182.2-17.6%
India40.261.614869.119.8%
Others386445509206-18.9%
Total1,9092,4283,0841,453-8.7%

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Ukraine in 2022:

  1. China (78.3 tons)
  2. Turkey (47.2 tons)
  3. Germany (29.6 tons)
  4. Poland (9.3 tons)
  5. India (9.0 tons)
  6. Italy (5.5 tons)
  7. United States (3.7 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine

For the third year in a row, Ukraine recorded decline in shipments abroad of iron or steel; non-threaded cotters and cotter-pinses, which decreased by -6.2% to 50 tons in 2022. Overall, exports showed a sharp contraction.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses surged to $166K in 2022. Over the period under review, exports faced a abrupt slump.

Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland16891.064.960.4-28.9%
Russia24.715.329.129.76.3%
Italy0.1N/AN/A20.9493.4%
Latvia7.70.33.06.9-3.6%
Others89.151.747.648.5-18.4%
Total290158145166-17.0%

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Ukraine in 2022:

  1. Poland (41.0 tons)
  2. Russia (3.8 tons)
  3. Latvia (2.6 tons)
  4. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform

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