Ukraine - Iron or Steel Wire Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Wire Product in Ukraine - 2023
Contents:
- Price for Iron or Steel Wire Product in Ukraine (FOB) - 2022
- Price for Iron or Steel Wire Product in Ukraine (CIF) - 2023
- Exports of Iron or Steel Wire Product in Ukraine
- Imports of Iron or Steel Wire Product in Ukraine
Price for Iron or Steel Wire Product in Ukraine (FOB) - 2022
In 2021, the average export price for iron or steel wire products amounted to $1,223 per ton, increasing by 39% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($1,908 per ton), while the average price for exports to Bulgaria ($1,038 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Wire Product in Ukraine (CIF) - 2023
In July 2023, the average import price for iron or steel wire products amounted to $3,333 per ton, dropping by -10.2% against the previous month. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in April 2023 an increase of 21% month-to-month. The import price peaked at $8,492 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($6,877 per ton), while the price for Turkey ($2,788 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Iron or Steel Wire Product in Ukraine
Iron or steel wire product exports from Ukraine fell notably to 19K tons in 2022, shrinking by -22.2% on the previous year. Over the period under review, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 24K tons, and then contracted notably in the following year.
In value terms, iron or steel wire product exports declined to $29M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, the exports reached the peak of $30M, and then fell in the following year.
Export of Iron or Steel Wire Product in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Belgium | 1.4 | 1.9 | 4.8 | 85.2% | |
United Kingdom | 1.5 | 1.1 | 4.2 | 67.3% | |
Australia | 3.5 | 2.7 | 3.4 | -1.4% | |
Netherlands | 2.1 | 1.1 | 3.4 | 27.2% | |
Latvia | 0.5 | 2.1 | 2.2 | 109.8% | |
Poland | 2.7 | 1.5 | 1.8 | -18.4% | |
Lithuania | 0.4 | 0.4 | 1.2 | 73.2% | |
Germany | 1.4 | 0.6 | 1.2 | -7.4% | |
Russia | 0.9 | 0.8 | 1.1 | 10.6% | |
Hungary | 0.6 | 0.7 | 0.8 | 15.5% | |
Belarus | 0.9 | 0.8 | 0.8 | -5.7% | |
Canada | 0.3 | 0.3 | 0.5 | 29.1% | |
Bulgaria | 0.5 | 0.6 | 0.5 | 0.0% | |
Others | 2.2 | 3.3 | 4.1 | 36.5% | |
Total | 18.8 | 17.9 | 29.8 | 25.9% |
Top Export Markets for Iron or Steel Wire Product from Ukraine in 2022:
- Belgium (3.9K tons)
- United Kingdom (3.4K tons)
- Australia (3.1K tons)
- Netherlands (3.0K tons)
- Latvia (1.9K tons)
- Poland (1.7K tons)
- Lithuania (1.0K tons)
- Germany (1.0K tons)
- Hungary (0.7K tons)
- Russia (0.6K tons)
- Belarus (0.5K tons)
- Bulgaria (0.5K tons)
- Canada (0.4K tons)
Imports of Iron or Steel Wire Product in Ukraine
In 2022, after three years of growth, there was significant decline in overseas purchases of iron or steel wire products, when their volume decreased by -36% to 1.1K tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 51%.
In value terms, iron or steel wire product imports declined to $5.6M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $6.2M, and then reduced in the following year.
Import of Iron or Steel Wire Product in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Poland | 745 | 2,280 | 1,230 | 28.5% | |
China | 1,053 | 1,363 | 1,168 | 5.3% | |
Turkey | 166 | 268 | 554 | 82.7% | |
Germany | 377 | 859 | 552 | 21.0% | |
Russia | 274 | 1,243 | 544 | 40.9% | |
Italy | 584 | 673 | 381 | -19.2% | |
Denmark | 126 | 186 | 111 | -6.1% | |
Belarus | 17.4 | 140 | 99.0 | 138.5% | |
Others | 915 | -2,349.8 | 1,551 | 30.2% | |
Total | 4,257 | 4,662 | 6,192 | 20.6% |
Top Suppliers of Iron or Steel Wire Product to Ukraine in 2022:
- Poland (407.5 tons)
- China (312.9 tons)
- Russia (208.6 tons)
- Turkey (178.1 tons)
- Germany (105.7 tons)
- Italy (100.0 tons)
- Belarus (57.7 tons)
- Denmark (33.1 tons)
This report provides an in-depth analysis of the market for iron or steel wire product in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992925 - Finished products of iron/steel wire, snares, traps, etc., fodder ties, animal nose rings, mattress hooks, butchers
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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