Ukraine increased imports of flat products by 22% y/y in January-April

In January-April 2025, 355.56 thousand tons of flat products were supplied to the Ukrainian market, up 22% year-on-year. This is according to GMK Center’s calculations based on data from the State Customs Service.

Coated flat products (HS 7210) accounted for more than 40% of imports, amounting to 149.27 thousand tons, up 15.7% y/y. The main suppliers of products during the period were Turkey – 77.6 thousand tons, Poland – 19.52 thousand tons, and Slovakia – 18.33 thousand tons.

Hot-rolled flat products (HS 7208) accounted for another 37.7% of supplies, or 134.09 thousand tons (+26.9% y/y). The key source of supply of these products is Turkey – 112.2 thousand tons. Another 9.99 thousand tons were imported from China and 3.83 thousand tons from Italy.

In January-April, Ukraine imported 37.62 thousand tons of flat cold-rolled products (HS 7209), up 64.8% y/y. Turkey imported 23.96 thousand tons of the product, China – 11.74 thousand tons, Slovakia – 1.54 thousand tons.

In April, Ukrainian consumers imported 87.31 thousand tons of flat products, up 5% y/y and down 10% m/m. Shipments of coated flat products amounted to 38.48 thousand tons (-8.1% y/y, -10.9% m/m), flat hot-rolled products – 35.12 thousand tons (+46.3% y/y, -0.01% m/m), and flat cold-rolled products – 4.75 thousand tons (-46.1% y/y, -45.3% m/m).

In January-April, the cost of imports of flat products increased by 14.9% y/y – to $370.75 million, and in April – by 9.8% y/y and decreased by 2.6% m/m – to $99.17 million.

As GMK Center reported earlier, in 2024, 983.49 thousand tons of flat products were supplied to the Ukrainian market, up 8.3% compared to 2023.

Coated flat products accounted for about half of the imports – 468.61 thousand tons (+7% y/y). Hot-rolled flat products accounted for another 34.7% of supplies, or 341.21 thousand tons (+8.7% y/y), and cold-rolled flat products for 79.31 thousand tons (-0.9% y/y).

In 2024, the cost of importing flat products increased by 5% y/y – to $1.08 billion.