Ukraine: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Ukraine

The Ukrainian mill rolling roll market soared to $X in 2022, increasing by 29% against the previous year. Overall, consumption continues to indicate modest growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mill Rolling Roll Production in Ukraine

In value terms, mill rolling roll production shrank to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 46% against the previous year. Mill rolling roll production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Ukraine

In 2022, shipments abroad of rolls for rolling mills decreased by -74% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 56%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, mill rolling roll exports reduced markedly to $X in 2022. In general, exports faced a deep reduction. The growth pace was the most rapid in 2017 with an increase of 60%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for mill rolling roll exports from Ukraine, accounting for a 37% share of total exports. Moreover, mill rolling roll exports to Russia exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was taken by Slovakia (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-2.5% per year) and Slovakia (-11.4% per year).

In value terms, Russia ($X), India ($X) and Slovakia ($X) constituted the largest markets for mill rolling roll exported from Ukraine worldwide, with a combined 46% share of total exports. The Czech Republic, Italy, Poland, France, Romania, Turkey, Spain, Germany and Kazakhstan lagged somewhat behind, together comprising a further 48%.

The Czech Republic, with a CAGR of +20.5%, saw the highest rates of growth with regard to 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 mill rolling roll export price stood at $X per unit in 2022, declining by -16.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 63% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mill Rolling Roll Imports

Imports into Ukraine

In 2022, supplies from abroad of rolls for rolling mills decreased by -42.3% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 67%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, mill rolling roll imports fell markedly to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by 22%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest supplier of mill rolling roll to Ukraine, accounting for a 62% share of total imports. Moreover, mill rolling roll imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Turkey (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.0% per year) and Turkey (+23.1% per year).

In value terms, the largest mill rolling roll suppliers to Ukraine were the Czech Republic ($X), China ($X) and Turkey ($X), with a combined 96% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +30.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average mill rolling roll import price amounted to $X per unit, falling by -20.8% against the previous year. In general, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45%. The import price peaked at $X per unit in 2021, and then dropped dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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