Ukraine: Metal Chain Market 2025

Metal Chain Market Size in Ukraine

The Ukrainian metal chain market contracted slightly to $X in 2022, declining by -3.8% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Metal chain consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Metal Chain Production in Ukraine

In value terms, metal chain production expanded to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 25%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports from Ukraine

In 2022, metal chain exports from Ukraine dropped markedly to X tons, shrinking by -36.8% against the previous year's figure. Overall, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 106%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal chain exports shrank remarkably to $X in 2022. Over the period under review, exports showed a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 93%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X tons) was the main destination for metal chain exports from Ukraine, with a 86% share of total exports. Moreover, metal chain exports to Lithuania exceeded the volume sent to the second major destination, Moldova (X tons), more than tenfold. Kazakhstan (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume to Lithuania stood at +76.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+10.8% per year) and Kazakhstan (-20.5% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for iron or steel chain exports from Ukraine, comprising 57% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 16% share of total exports. It was followed by Kazakhstan, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Lithuania totaled +82.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+73.6% per year) and Kazakhstan (-13.9% per year).

Export Prices by Country

In 2022, the average metal chain export price amounted to $X per ton, picking up by 3.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 12%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Lithuania ($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 Russia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports

Imports into Ukraine

Metal chain imports into Ukraine contracted sharply to X tons in 2022, falling by -39.7% compared with 2021 figures. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 71% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal chain imports fell sharply to $X in 2022. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 78%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal chain to Ukraine, accounting for a 54% share of total imports. Moreover, metal chain imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+20.2% per year) and Poland (+14.9% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel chain to Ukraine, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.6% per year) and Italy (+6.1% per year).

Import Prices by Country

In 2022, the average metal chain import price amounted to $X per ton, dropping by -23.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :