Ukraine: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Ukraine

In 2021, the Ukrainian market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Ukraine

In 2021, approx. X tons of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips were exported from Ukraine; increasing by 44% on the previous year. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 412% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. Overall, exports showed resilient growth. The pace of growth was the most pronounced in 2015 when exports increased by 303%. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg), India (X kg) and Vietnam (X kg) were the main destinations of exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Ukraine, with a combined 56% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +732.9%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Russia ($X) and Kazakhstan ($X) were the largest markets for unmounted tool inserts, sticks or plates exported from Ukraine worldwide, together accounting for 58% of total exports. These countries were followed by India, Turkey, Vietnam, Egypt, Iran and Poland, which together accounted for a further 6.3%.

Among the main countries of destination, India, with a CAGR of +308.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, with a decrease of -12.5% against the previous year. Overall, the export price faced a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 78%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Moldova ($X per ton), while the average price for exports to Iran ($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 Switzerland (+296.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Ukraine

In 2021, the amount of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips imported into Ukraine skyrocketed to X tons, increasing by 26% on 2020 figures. In general, imports, however, recorded a perceptible setback. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X in 2021. Overall, imports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), China (X tons) and South Korea (X tons) were the main suppliers of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Ukraine, together comprising 70% of total imports. These countries were followed by Germany, the Czech Republic, the Netherlands, Luxembourg and Japan, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +94.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unmounted tool inserts, sticks or plates suppliers to Ukraine were South Korea ($X), the Czech Republic ($X) and China ($X), together accounting for 44% of total imports. These countries were followed by Germany, Japan, the Netherlands, Russia and Luxembourg, which together accounted for a further 35%.

The Netherlands, with a CAGR of +80.2%, 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 import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, which is down by -12.2% against the previous year. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2018 an increase of 29%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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