Non-Liquid Margarine Price in Ukraine - 2023
Contents:
- Non-Liquid Margarine Price in Ukraine (FOB) - 2022
- Non-Liquid Margarine Price in Ukraine (CIF) - 2022
- Non-Liquid Margarine Exports in Ukraine
- Non-Liquid Margarine Imports in Ukraine
Non-Liquid Margarine Price in Ukraine (FOB) - 2022
The average non-liquid margarine export price stood at $1,604 per ton in 2022, surging by 38% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price 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, non-liquid margarine export price increased by +90.6% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($1,781 per ton), while the average price for exports to Jordan ($1,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Price in Ukraine (CIF) - 2022
The average non-liquid margarine import price stood at $1,632 per ton in 2022, increasing by 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($1,913 per ton), while the price for Poland ($1,566 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Exports in Ukraine
In 2022, shipments abroad of non-liquid margarine decreased by -54.6% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year. As a result, the exports attained the peak of 9.9K tons, and then fell rapidly in the following year.
In value terms, non-liquid margarine exports declined dramatically to $7.2M in 2022. Overall, exports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 39%. As a result, the exports attained the peak of $11M, and then dropped rapidly in the following year.
| Export of Non-Liquid Margarine in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 1,577 | 1,730 | 2,974 | 3,694 | 32.8% |
| Armenia | 1,495 | 965 | 1,345 | 1,083 | -10.2% |
| Lebanon | 314 | 553 | 1,392 | 759 | 34.2% |
| Bulgaria | 279 | 588 | 1,212 | 427 | 15.2% |
| Turkey | 0.1 | 123 | 17.6 | 256 | 1268.0% |
| Poland | 215 | 479 | 390 | 194 | -3.4% |
| Uzbekistan | 240 | 785 | 678 | 159 | -12.8% |
| Romania | 494 | 498 | 391 | 105 | -40.3% |
| Jordan | 185 | 152 | N/A | 88.4 | -21.8% |
| Georgia | 480 | 299 | 532 | 82.7 | -44.4% |
| Russia | 896 | 809 | 916 | 63.7 | -58.6% |
| Lithuania | 335 | 277 | 468 | N/A | 18.2% |
| Egypt | 792 | 121 | N/A | N/A | -84.7% |
| Others | 608 | 881 | 1,172 | 273 | -23.4% |
| Total | 7,913 | 8,259 | 11,488 | 7,184 | -3.2% |
Top Export Markets for Non-Liquid Margarine from Ukraine in 2022:
- Moldova (2240.2 tons)
- Armenia (612.1 tons)
- Lebanon (529.0 tons)
- Bulgaria (280.1 tons)
- Turkey (157.9 tons)
- Poland (123.2 tons)
- Uzbekistan (104.7 tons)
- Jordan (74.5 tons)
- Romania (72.4 tons)
- Georgia (46.4 tons)
- Russia (37.6 tons)
Non-Liquid Margarine Imports in Ukraine
In 2022, purchases abroad of non-liquid margarine decreased by -33.8% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year.
In value terms, non-liquid margarine imports shrank notably to $2.6M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year.
| Import of Non-Liquid Margarine in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.9 | 1,130 | 2,335 | 2,150 | 465.3% |
| Romania | 0.1 | N/A | 0.9 | 229 | 1218.1% |
| Italy | 875 | 853 | 804 | 210 | -37.9% |
| Russia | N/A | 82.1 | 23.1 | N/A | -71.9% |
| Others | 11.4 | 48.8 | 58.6 | 40.9 | 53.1% |
| Total | 898 | 2,114 | 3,222 | 2,629 | 43.1% |
Top Suppliers of Non-Liquid Margarine to Ukraine in 2022:
- Poland (1372.5 tons)
- Romania (119.7 tons)
- Italy (110.7 tons)
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