Ukraine: Market for Copper Bars, Rods and Profiles 2024

Market Size for Copper Bars, Rods and Profiles in Ukraine

The Ukrainian market for copper bars, rods and profiles fell notably to $X in 2023, reducing by X% against the previous year. In general, consumption saw a noticeable shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Copper Bars, Rods and Profiles in Ukraine

In value terms, copper bar, rod and profile production stood at $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Copper Bars, Rods and Profiles

Exports from Ukraine

In 2023, approx. X tons of copper bars, rods and profiles were exported from Ukraine; picking up by X% on the previous year's figure. Overall, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, copper bar, rod and profile exports rose sharply to $X in 2023. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Poland (X tons), the United States (X tons) and Lithuania (X tons) were the main destinations of copper bar, rod and profile exports from Ukraine, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the United States ($X) and Lithuania ($X) constituted the largest markets for copper bar, rod and profile exported from Ukraine worldwide, together accounting for X% of total exports.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for copper bars, rods and profiles amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($X per ton) and Italy ($X per ton), while the average price for exports to Lithuania ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper Bars, Rods and Profiles

Imports into Ukraine

In 2023, overseas purchases of copper bars, rods and profiles were finally on the rise to reach X tons for the first time since 2019, thus ending a three-year declining trend. Overall, imports, however, showed a abrupt contraction. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, copper bar, rod and profile imports skyrocketed to $X in 2023. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Poland (X tons) constituted the largest copper bar, rod and profile supplier to Ukraine, accounting for a X% share of total imports. Moreover, copper bar, rod and profile imports from Poland exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), sixfold. The third position in this ranking was held by China (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and China (X% per year).

In value terms, Poland ($X) constituted the largest supplier of copper bars, rods and profiles to Ukraine, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2023, the average import price for copper bars, rods and profiles amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform