Ukraine: Market for Welded Link Chain Of Iron Or Steel 2025

Market Size for Welded Link Chain Of Iron Or Steel in Ukraine

The Ukrainian metal welded link chain market soared to $X in 2021, surging by 64% against the previous year. Overall, consumption, however, showed a deep setback. Metal welded link chain consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Welded Link Chain Of Iron Or Steel in Ukraine

In value terms, metal welded link chain production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 14%. Metal welded link chain production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Welded Link Chain Of Iron Or Steel

Exports from Ukraine

Metal welded link chain exports from Ukraine dropped sharply to X tons in 2021, with a decrease of -30.3% against 2020 figures. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal welded link chain exports shrank to $X in 2021. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by 22% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), the Czech Republic (X tons) and Russia (X tons) were the main destinations of metal welded link chain exports from Ukraine, together comprising 68% of total exports. Belarus, the Netherlands, Lithuania, the United Arab Emirates, Germany and France lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +41.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal welded link chain exported from Ukraine were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined 70% share of total exports.

The Czech Republic, with a CAGR of +24.3%, 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 metal welded link chain export price stood at $X per ton in 2021, growing by 23% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal welded link chain export price increased by +75.2% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded Link Chain Of Iron Or Steel

Imports into Ukraine

In 2021, metal welded link chain imports into Ukraine skyrocketed to X tons, growing by 20% compared with 2020. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 119% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, metal welded link chain imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of 120%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal welded link chain to Ukraine, with a 54% share of total imports. Moreover, metal welded link chain imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. Russia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+43.8% per year) and Russia (-1.1% per year).

In value terms, the largest metal welded link chain suppliers to Ukraine were China ($X), the Czech Republic ($X) and Poland ($X), with a combined 70% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +34.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal welded link chain import price amounted to $X per ton, with an increase of 3.4% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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