Ukraine: Iron Angle Market 2025

Iron Angle Market Size in Ukraine

The Ukrainian iron angle market amounted to $X in 2021, with an increase of 2.1% against the previous year. Overall, consumption, however, continues to indicate a abrupt slump. Iron angle consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Iron Angle Production in Ukraine

In value terms, iron angle production expanded modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep reduction. Iron angle production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Iron Angle Exports

Exports from Ukraine

After seven years of decline, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) increased by 7% to X tons in 2021. Overall, exports, however, faced a deep setback. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, iron angle exports soared to $X in 2021. In general, exports, however, recorded a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for iron angle exports from Ukraine, with a 47% share of total exports. Moreover, iron angle exports to Russia exceeded the volume sent to the second major destination, Poland (X tons), fourfold. The third position in this ranking was held by Saudi Arabia (X tons), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at -19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+1.9% per year) and Saudi Arabia (+3.4% per year).

In value terms, Russia ($X) remains the key foreign market for angles, shapes and sections (of iron or non-alloy steel) exports from Ukraine, comprising 50% of total exports. The second position in the ranking was taken by Poland ($X), with an 11% share of total exports. It was followed by Belarus, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -17.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.4% per year) and Belarus (-8.0% per year).

Export Prices by Country

In 2021, the average iron angle export price amounted to $X per ton, picking up by 30% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 44%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Iraq ($X 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 (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Ukraine

In 2021, purchases abroad of angles, shapes and sections (of iron or non-alloy steel) decreased by -9.5% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 77%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, iron angle imports soared to $X in 2021. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by 74%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of iron angle imports to Ukraine, together comprising 89% of total imports. These countries were followed by Bulgaria, which accounted for a further 6.3%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +98.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron angle suppliers to Ukraine were Russia ($X), Turkey ($X) and Poland ($X), with a combined 86% share of total imports. These countries were followed by Bulgaria, which accounted for a further 5.7%.

Bulgaria, with a CAGR of +88.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average iron angle import price amounted to $X per ton, surging by 53% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Poland ($X per ton) and Turkey ($X per ton), while the price for Bulgaria ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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