Ukraine: Non-Alloy Steel H-Sections Market 2024

Non-Alloy Steel H-Sections Market Size in Ukraine

The Ukrainian non-alloy steel h-sections market expanded modestly to $X in 2022, picking up by 1.7% against the previous year. Overall, consumption, however, showed a noticeable decline. The pace of growth was the most pronounced in 2020 when the market value increased by 9.3%. Non-alloy steel h-sections consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel H-Sections Production in Ukraine

In value terms, non-alloy steel h-sections production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 with an increase of 11%. Non-alloy steel h-sections production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Alloy Steel H-Sections Exports

Exports from Ukraine

In 2022, approx. X tons of h-sections of of non-alloy steel were exported from Ukraine; which is down by -64.8% on 2021 figures. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2019 with an increase of 337% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, non-alloy steel h-sections exports declined notably to $X in 2022. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2019 with an increase of 298%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X tons) was the main destination for non-alloy steel h-sections exports from Ukraine, with a 79% share of total exports. Moreover, non-alloy steel h-sections exports to Switzerland exceeded the volume sent to the second major destination, Moldova (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled +43.4%.

In value terms, Switzerland ($X) remains the key foreign market for h-sections of of non-alloy steel exports from Ukraine, comprising 82% of total exports. The second position in the ranking was held by Moldova ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland amounted to +65.9%.

Export Prices by Country

In 2022, the average non-alloy steel h-sections export price amounted to $X per ton, shrinking by -3.7% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 121% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Moldova amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+63.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel H-Sections Imports

Imports into Ukraine

In 2022, approx. X tons of h-sections of of non-alloy steel were imported into Ukraine; which is down by -30.6% compared with the previous year. Over the period under review, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2016 when imports increased by 346% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, non-alloy steel h-sections imports reduced rapidly to $X in 2022. Overall, imports, however, showed mild growth. The pace of growth was the most pronounced in 2016 when imports increased by 328%. Imports peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest non-alloy steel h-sections supplier to Ukraine, with a 88% share of total imports. Moreover, non-alloy steel h-sections imports from Poland exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Russia (X tons), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.7% per year) and Russia (-19.0% per year).

In value terms, Poland ($X) constituted the largest supplier of h-sections of of non-alloy steel to Ukraine, comprising 91% of total imports. The second position in the ranking was taken by Russia ($X), with a 3.5% share of total imports. It was followed by China, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-20.6% per year) and China (+14.9% per year).

Import Prices by Country

The average non-alloy steel h-sections import price stood at $X per ton in 2022, surging by 19% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 71%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :