Ukraine: Expanded Metal Market 2025

Expanded Metal Market Size in Ukraine

In 2022, the Ukrainian expanded metal market increased by 98% to $X, rising for the third year in a row after three years of decline. Overall, consumption posted prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Expanded Metal Production in Ukraine

In value terms, expanded metal production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 49% against the previous year. Expanded metal production peaked at $X in 2021, and then contracted in the following year.

Expanded Metal Exports

Exports from Ukraine

In 2022, shipments abroad of iron or steel expanded metal decreased by -88.4% to X tons, falling for the second year in a row after five years of growth. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 with an increase of 216% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, expanded metal exports reduced notably to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 238%. The exports peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Russia (X tons) was the main destination for expanded metal exports from Ukraine, with a 81% share of total exports. Moreover, expanded metal exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), eightfold. The third position in this ranking was taken by Moldova (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (0.0% per year) and Moldova (+5.0% per year).

In value terms, Russia ($X) remains the key foreign market for iron or steel expanded metal exports from Ukraine, comprising 73% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 13% share of total exports. It was followed by Moldova, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (0.0% per year) and Moldova (+8.8% per year).

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, stabilizing at the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 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 Lithuania ($X per ton), while the average price for exports to Russia ($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 Lithuania (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into Ukraine

In 2022, expanded metal imports into Ukraine contracted significantly to X tons, reducing by -63.9% on the previous year's figure. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when imports increased by 120% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped rapidly in the following year.

In value terms, expanded metal imports dropped significantly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 69%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

The Czech Republic (X tons), Slovakia (X tons) and Lithuania (X tons) were the main suppliers of expanded metal imports to Ukraine, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +155.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest expanded metal suppliers to Ukraine were Slovakia ($X), the Czech Republic ($X) and Lithuania ($X), together comprising 87% of total imports.

Lithuania, with a CAGR of +64.4%, recorded the highest growth rate of the value of imports, among 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 2022, the average expanded metal import price amounted to $X per ton, rising by 43% against the previous year. Over the period under review, the import price recorded a tangible increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 234%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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