Ukraine: Non-Alloy Steel I-Sections Market 2025

Non-Alloy Steel I-Sections Market Size in Ukraine

In 2021, the Ukrainian non-alloy steel i-sections market increased by 44% to $X for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, consumption, however, faced a abrupt downturn. Non-alloy steel i-sections consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Alloy Steel I-Sections Production in Ukraine

In value terms, non-alloy steel i-sections production rose notably to $X in 2021 estimated in export price. In general, production, however, recorded a sharp slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Non-Alloy Steel I-Sections Exports

Exports from Ukraine

For the fifth year in a row, Ukraine recorded decline in shipments abroad of i-sections of non-alloy steel, which decreased by -47.3% to X tons in 2021. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 5.3% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel i-sections exports shrank notably to $X in 2021. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. The exports peaked 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 non-alloy steel i-sections exports from Ukraine, accounting for a 88% share of total exports. Moreover, non-alloy steel i-sections exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -21.4%.

In value terms, Russia ($X) remains the key foreign market for i-sections of non-alloy steel exports from Ukraine, comprising 88% of total exports. The second position in the ranking was taken by Belarus ($X), with a 9.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -20.0%.

Export Prices by Country

In 2021, the average non-alloy steel i-sections export price amounted to $X per ton, surging by 44% against the previous year. Overall, 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 pace of growth appeared the most rapid in 2017 when the average export price increased by 50% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export 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 Russia (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Alloy Steel I-Sections Imports

Imports into Ukraine

For the seventh year in a row, Ukraine recorded growth in purchases abroad of i-sections of non-alloy steel, which increased by 28% to X tons in 2021. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, non-alloy steel i-sections imports surged to $X in 2021. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest non-alloy steel i-sections supplier to Ukraine, with a 54% share of total imports. Moreover, non-alloy steel i-sections imports from Turkey exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Russia (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +246.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-4.8% per year) and Russia (+6.2% per year).

In value terms, the largest non-alloy steel i-sections suppliers to Ukraine were Turkey ($X), Poland ($X) and Russia ($X), with a combined 93% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +239.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-alloy steel i-sections import price stood at $X per ton in 2021, picking up by 44% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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