Ukraine: Lead Market 2024

Lead Market Size in Ukraine

The Ukrainian lead market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption, however, showed a abrupt setback. Lead consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Lead Production in Ukraine

In value terms, lead production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 33% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Lead Exports

Exports from Ukraine

Lead exports from Ukraine fell rapidly to X tons in 2022, declining by -68.1% against 2021. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, lead exports contracted notably to $X in 2022. Over the period under review, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 52% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons), Slovenia (X tons) and Romania (X tons) were the main destinations of lead exports from Ukraine, with a combined 66% share of total exports. Germany, the Czech Republic and Turkey lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +211.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lead exported from Ukraine were Poland ($X), Slovenia ($X) and Romania ($X), together comprising 66% of total exports. Germany, the Czech Republic and Turkey lagged somewhat behind, together comprising a further 29%.

Germany, with a CAGR of +212.6%, recorded the highest growth rate of the value of exports, among 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 lead export price stood at $X per ton in 2022, increasing by 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2017 an increase of 26%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per ton) and Turkey ($X per ton), while the average price for exports to Germany ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Ukraine

In 2022, purchases abroad of lead decreased by -73.7% to X tons, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2017 when imports increased by 156% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lead imports reduced markedly to $X in 2022. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of 220%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belarus (X tons), Azerbaijan (X tons) and Poland (X tons) were the main suppliers of lead imports to Ukraine, together accounting for 93% of total imports. Estonia lagged somewhat behind, accounting for a further 6.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +99.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) constituted the largest supplier of lead to Ukraine, comprising 53% of total imports. The second position in the ranking was taken by Azerbaijan ($X), with a 23% share of total imports. It was followed by Poland, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Azerbaijan (-9.4% per year) and Poland (+56.2% per year).

Import Prices by Country

In 2022, the average lead import price amounted to $X per ton, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belarus ($X per ton) and Poland ($X per ton), while the price for Azerbaijan ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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