Ukraine: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Ukraine

After four years of growth, the Ukrainian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by -X% to $X in 2020. Over the period under review, the total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2019, and then contracted notably in the following year.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Ukraine

In value terms, iron, steel or aluminium reservoir production totaled $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Iron, steel or aluminium reservoir production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Ukraine

In 2020, shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir exports fell to $X in 2020. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for iron, steel or aluminium reservoir exports from Ukraine, accounting for a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to France exceeded the volume sent to the second major destination, Belarus (X tons), fourfold. Russia (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-X% per year) and Russia (-X% per year).

In value terms, the largest markets for iron, steel or aluminium reservoir exported from Ukraine were France ($X), Belarus ($X) and Poland ($X), together accounting for X% of total exports.

Poland recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Ukraine

In 2020, after four years of growth, there was significant decline in overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by -X% to X tons. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tons in 2019, and then contracted dramatically in the following year.

In value terms, iron, steel or aluminium reservoir imports fell significantly to $X in 2020. Over the period under review, imports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then dropped sharply in the following year.

Imports by Country

Poland (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Ukraine, together accounting for X% of total imports. These countries were followed by Belarus, Spain, the U.S., China, Germany, Russia and the Czech Republic, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Turkey ($X) and Italy ($X) appeared to be the largest iron, steel or aluminium reservoir suppliers to Ukraine, together comprising X% of total imports. These countries were followed by the U.S., Spain, Germany, China, Belarus, the Czech Republic and Russia, which together accounted for a further X U.S. saw the highest rates of growth with regard to 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 2020, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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