Price for Safety Pins and Other Pins; of Iron or Steel in Ukraine - 2024

Contents:

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

Price for Safety Pins and Other Pins; of Iron or Steel in Ukraine (CIF) - 2022

The average import price for safety pins and other pins; of iron or steels stood at $4,712 per ton in 2022, reducing by -18.9% against the previous year. In general, import price indicated a slight increase from 2014 to 2022: its price increased at an average annual rate of +1.4% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for safety pins and other pins; of iron or steels increased by +35.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 45%. As a result, import price reached the peak level of $5,807 per ton, and then fell rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for China amounted to +8.6% per year.

Price for Safety Pins and Other Pins; of Iron or Steel in Ukraine (FOB) - 2022

The average export price for safety pins and other pins; of iron or steels stood at $14,721 per ton in 2022, reducing by -33.5% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The pace of growth was the most pronounced in 2020 an increase of 98%. Over the period under review, the average export prices attained the peak figure at $33,182 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($39,500 per ton), while the average price for exports to France ($3,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Ukraine

In 2022, after two years of decline, there was significant growth in overseas purchases of safety pins and other pins; of iron or steels, when their volume increased by 16% to 21 tons. Over the period under review, imports, however, saw a deep downturn.

In value terms, imports of safety pins and other pins; of iron or steels contracted to $98K in 2022. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Ukraine in 2022:

1. China (20.4 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Ukraine

In 2022, exports of safety pins and other pins; of iron or steels from Ukraine declined markedly to 104 kg, waning by -40.6% on the previous year's figure. Over the period under review, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of 175 kg, and then contracted markedly in the following year.

In value terms, exports of safety pins and other pins; of iron or steels dropped significantly to $1.5K in 2022. Overall, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports reached the peak of $3.9K, and then shrank dramatically in the following year.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Ukraine in 2022:

1. Moldova (53.0 kg)
2. Russia (13.0 kg)
3. Poland (8.0 kg)
4. Romania (6.0 kg)
5. Georgia (6.0 kg)
6. Belarus (5.0 kg)
7. Belgium (5.0 kg)
8. Bulgaria (4.0 kg)

Source: IndexBox Market Intelligence Platform