Ukraine: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in Ukraine

The Ukrainian unwrought zinc alloys market shrank modestly to $X in 2022, approximately mirroring the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Unwrought Zinc Alloys Production in Ukraine

In value terms, unwrought zinc alloys production stood at $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Unwrought Zinc Alloys Exports

Exports from Ukraine

For the third consecutive year, Ukraine recorded growth in overseas shipments of unwrought zinc alloys, which increased by 200% to X tons in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 2,416%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, unwrought zinc alloys exports skyrocketed to $X in 2022. Overall, exports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 2,857%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) and Turkey (X tons) were the main destinations of unwrought zinc alloys exports from Ukraine.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +14.4%).

In value terms, Poland ($X) and Turkey ($X) were the largest markets for unwrought zinc alloys exported from Ukraine worldwide.

Among the main countries of destination, Poland, with a CAGR of +16.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average unwrought zinc alloys export price stood at $X per ton in 2022, which is down by -9.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.7%), while the prices for the other major destinations experienced a decline.

Unwrought Zinc Alloys Imports

Imports into Ukraine

In 2022, purchases abroad of unwrought zinc alloys decreased by -74.2% to X tons, falling for the second year in a row after nine years of growth. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,898%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, unwrought zinc alloys imports dropped significantly to $X in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,843%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Slovakia (X tons) and Italy (X tons) were the main suppliers of unwrought zinc alloys imports to Ukraine, together accounting for 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +72.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought zinc alloys suppliers to Ukraine were Poland ($X), Slovakia ($X) and Italy ($X), together accounting for 92% of total imports.

Italy, with a CAGR of +82.6%, recorded 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 2022, the average unwrought zinc alloys import price amounted to $X per ton, jumping by 24% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys import price increased by +49.9% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Finland ($X per ton), while the price for Slovakia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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