Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (CIF) - 2023
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (CIF) - 2023
In October 2023, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,149 per ton, increasing by 5.9% against the previous month. In general, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 6.1% m-o-m. Over the period under review, average import prices reached the maximum at $6,263 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Italy ($5,943 per ton) and India ($4,840 per ton), while the price for China ($4,750 per ton) and Sweden ($4,804 per ton) were amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $6,756 per ton in 2022, jumping by 46% against the previous year. In general, the export price, however, saw a abrupt decline. The export price peaked at $12,501 per ton in 2014; however, from 2015 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 the Czech Republic ($7,486 per ton), while the average price for exports to Germany ($4,210 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 Turkey (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine
In 2022, approx. 4.3K tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Ukraine; picking up by 2.5% on the previous year's figure. Overall, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 5.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $25M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.8 | 3.7 | 4.9 | 8.3 | -1.9% |
| Sweden | N/A | N/A | 2.1 | 8.2 | 290.5% |
| India | 8.9 | 6.4 | 4.6 | 7.8 | -4.3% |
| Germany | 0.3 | 0.9 | 0.6 | 0.6 | 26.0% |
| Russia | 0.7 | 9.3 | 5.5 | 0.2 | -34.1% |
| China | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
| Others | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Total | 19.1 | 20.5 | 18.3 | 25.1 | 9.5% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Ukraine in 2022:
- India (1471.8 tons)
- Sweden (1450.7 tons)
- Italy (1190.7 tons)
- Germany (121.3 tons)
- Russia (40.8 tons)
- China (22.6 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine
Exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Ukraine declined remarkably to 288 tons in 2022, shrinking by -50.1% compared with the previous year's figure. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 1.1%.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia reduced dramatically to $1.9M in 2022. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 662 | 33.0 | 399 | 1,142 | 19.9% |
| Russia | 3,224 | 1,932 | 1,860 | 323 | -53.6% |
| Austria | N/A | 120 | 57.6 | 228 | 37.8% |
| Turkey | N/A | 101 | 107 | 96.6 | -2.2% |
| Germany | N/A | N/A | 87.0 | 78.6 | -9.7% |
| Belarus | 50.5 | 38.1 | 42.4 | 37.4 | -9.5% |
| Others | 4.0 | 126 | 120 | 42.1 | 119.1% |
| Total | 3,940 | 2,351 | 2,673 | 1,947 | -20.9% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Ukraine in 2022:
- Czech Republic (152.6 tons)
- Russia (50.8 tons)
- Austria (36.5 tons)
- Germany (18.7 tons)
- Turkey (15.2 tons)
- Belarus (7.1 tons)
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