Ukrainian metallurgical enterprises produced 2.057 million tons of metal products from January to May 2025, which is 2.4% less than in the same period last year. At the same time, there has been a significant change in the distribution of products between exports and the domestic market.
This is reported by Finway
Changes in the Structure of Metal Product Exports and Imports
Of the total volume of produced metal products, 61.5% was exported (1.541 million tons), although last year this figure was 65.4%. Against the backdrop of a decrease in the share of exports, supplies to the domestic market increased to 966 thousand tons, which is 8.8% more compared to 2024.
Among the exported items, flat products lead the way – its share in the export structure increased to 46.59% from 40.30% a year earlier. In contrast, the export of semi-finished products decreased from 46.79% to 32.23%.
Recovery of the Domestic Market and Increase in Imports
The import of metal products into Ukraine also underwent changes. Flat products traditionally dominate the import structure, accounting for 76.83% over the first five months of 2025, although this is less than 82.09% in 2024.
Domestic consumption of metal products during this period reached 1.558 million tons, which is 14.48% more than last year. The share of imported products in the domestic market increased to 37.98% compared to 34.74% in the previous year. These changes indicate a gradual recovery of the Ukrainian metal product market and a reorientation of part of the products to meet the needs of the national economy.
The overall dynamics indicate a gradual recovery of the domestic metal product market and a reorientation of part of the products from exports to the needs of the Ukrainian economy.