Ukraine: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Ukraine

In 2021, the Ukrainian stainless steel angle market increased by 3.8% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a abrupt slump. Stainless steel angle consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Stainless Steel Angle Production in Ukraine

In value terms, stainless steel angle production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 115% against the previous year. Stainless steel angle production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Stainless Steel Angle Exports

Exports from Ukraine

In 2021, approx. X tons of angles, shapes and sections of stainless steel or other alloy steel were exported from Ukraine; surging by 16% against 2020 figures. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 208%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, stainless steel angle exports soared to $X in 2021. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 202%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for stainless steel angle exports from Ukraine, with a 89% share of total exports. Moreover, stainless steel angle exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -4.9%.

In value terms, Russia ($X) remains the key foreign market for angles, shapes and sections of stainless steel or other alloy steel exports from Ukraine, comprising 86% of total exports. The second position in the ranking was held by Belarus ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -5.2%.

Export Prices by Country

In 2021, the average stainless steel angle export price amounted to $X per ton, growing by 23% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied somewhat 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 Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.1%), while the prices for the other major destinations experienced a decline.

Stainless Steel Angle Imports

Imports into Ukraine

In 2021, imports of angles, shapes and sections of stainless steel or other alloy steel into Ukraine stood at X tons, rising by 9.9% on the previous year. Over the period under review, imports, however, faced a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of 129%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, stainless steel angle imports skyrocketed to $X in 2021. In general, imports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of 108% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest stainless steel angle supplier to Ukraine, with a 47% share of total imports. Moreover, stainless steel angle imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to -31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.0% per year) and Italy (+36.0% per year).

In value terms, the largest stainless steel angle suppliers to Ukraine were Russia ($X), China ($X) and the Netherlands ($X), together comprising 67% of total imports.

The Netherlands, with a CAGR of +104.5%, saw the highest rates of growth with regard to 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

The average stainless steel angle import price stood at $X per ton in 2021, picking up by 43% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stainless steel angle import price increased by +78.5% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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