Ukraine: Base Metal Keys Market 2025

Base Metal Keys Market Size in Ukraine

The Ukrainian base metal keys market declined dramatically to $X in 2022, which is down by -24.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded noticeable growth. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted markedly in the following year.

Base Metal Keys Exports

Exports from Ukraine

In 2022, approx. X kg of base metal keys were exported from Ukraine; with a decrease of -52.4% against 2021 figures. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 194% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2021, and then dropped significantly in the following year.

In value terms, base metal keys exports shrank rapidly to $X in 2022. In general, exports, however, saw tangible growth. The pace of growth was the most pronounced in 2021 with an increase of 388% against the previous year. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

Moldova (X kg) was the main destination for base metal keys exports from Ukraine, with a 66% share of total exports. Moreover, base metal keys exports to Moldova exceeded the volume sent to the second major destination, the United States (X kg), fivefold. The third position in this ranking was held by Belarus (X kg), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova totaled +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+347.2% per year) and Belarus (-8.6% per year).

In value terms, Moldova ($X) emerged as the key foreign market for base metal keys exports from Ukraine, comprising 81% of total exports. The second position in the ranking was taken by Poland ($X), with a 3.1% share of total exports. It was followed by the United States, with a 3% share.

From 2012 to 2022, the average annual growth rate of value to Moldova totaled +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.1% per year) and the United States (+185.7% per year).

Export Prices by Country

The average base metal keys export price stood at $X per ton in 2022, jumping by 23% against the previous year. Overall, the export price, however, faced a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Bulgaria ($X 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 the Czech Republic (+49.7%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Keys Imports

Imports into Ukraine

In 2022, the amount of base metal keys imported into Ukraine fell markedly to X tons, with a decrease of -24.4% against the previous year. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 244%. Over the period under review, imports attained the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, base metal keys imports shrank remarkably to $X in 2022. In general, imports recorded a slight reduction. The pace of growth was the most pronounced in 2019 with an increase of 50%. Over the period under review, imports reached the maximum at $X in 2021, and then declined markedly in the following year.

Imports by Country

Spain (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of base metal keys imports to Ukraine, with a combined 85% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +26.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and Germany ($X) were the largest base metal keys suppliers to Ukraine, together comprising 67% of total imports.

Spain, with a CAGR of +9.1%, saw 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

The average base metal keys import price stood at $X per ton in 2022, falling by -3.1% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 43%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :