Ukraine: Metal Link Chain Market 2024

Metal Link Chain Market Size in Ukraine

The Ukrainian metal link chain market was finally on the rise to reach $X in 2021, after eight years of decline. Overall, consumption, however, faced a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Link Chain Production in Ukraine

In value terms, metal link chain production reached $X in 2021 estimated in export price. In general, production, however, saw a abrupt decline. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Link Chain Exports

Exports from Ukraine

Metal link chain exports from Ukraine shrank sharply to X tons in 2021, with a decrease of -17.8% against the previous year's figure. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 177% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal link chain exports contracted notably to $X in 2021. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 175% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons), Russia (X tons) and Lithuania (X tons) were the main destinations of metal link chain exports from Ukraine, with a combined 91% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +137.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal link chain exported from Ukraine were Russia ($X), Latvia ($X) and Lithuania ($X), with a combined 86% share of total exports.

Among the main countries of destination, Latvia, with a CAGR of +83.2%, saw the highest growth rate of 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 metal link chain export price amounted to $X per ton, waning by -9.7% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Belarus ($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 Poland (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports

Imports into Ukraine

In 2021, the amount of iron or steel articulated link chain imported into Ukraine dropped significantly to X tons, declining by -23.6% compared with the year before. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 46% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal link chain imports shrank to $X in 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 58%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

South Korea (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal link chain imports to Ukraine, with a combined 77% share of total imports. Russia, Italy, Turkey, the UK, Poland and Latvia lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +50.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and China ($X) appeared to be the largest metal link chain suppliers to Ukraine, with a combined 62% share of total imports. These countries were followed by Turkey, Russia, Italy, the UK, Poland and Latvia, which together accounted for a further 29%.

The UK, with a CAGR of +44.0%, recorded 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

In 2021, the average metal link chain import price amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price, however, saw a slight descent. The growth pace was the most rapid in 2014 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :