In 2024, the consumption of steel structures in Ukraine increased to 91,000 tons, which is 15% more than in 2023 (91,000 tons). Industry experts expect the market to grow by 10-12% year-over-year in 2025, reaching 102,000 tons.
This is according to research by the Ukrainian Center for Steel Construction (UCSC).
"The steel structure market in Ukraine continues to recover from the crises caused by the war and economic challenges. The growth in consumption is linked to an increase in imports during 2024 compared to the previous year. Additionally, in the first half of the year, there was positive dynamics due to the implementation of infrastructure projects," the study notes.
The limiting factors for the development of the steel structure market include energy supply restrictions to enterprises due to mass attacks on Ukrainian energy facilities, a shortage of skilled labor due to intensified mobilization and workforce outflow, and logistical difficulties.
Experts from the association expect continued growth in the consumption of steel structures in 2025 at a rate of 10-12%, reaching 102,000 tons by the end of the year, provided that the economy stabilizes and reconstruction financing continues.
"At the same time, the existing challenges require active support from the government and international partners to ensure the stable development of the industry in the future. Key trends for 2025 include an increase in government procurement for infrastructure projects, energy sector recovery, and the construction of logistics and industrial centers," UCSC adds.
It is worth noting that the volume of construction works in Ukraine in 2024 increased by 15.5% year-over-year, reaching UAH 204.7 billion. According to GMK Center's estimates, the construction market in dollar terms grew by 14.6% year-over-year in 2024, reaching $5.1 billion. However, this is 45.2% lower than in pre-war 2021 ($9.3 billion).
