Price for Mineral Substances Not Elsewhere Specified or Included in Ukraine - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Ukraine (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Ukraine (CIF) - 2023
- Exports of Mineral Substances Not Elsewhere Specified or Included in Ukraine
- Imports of Mineral Substances Not Elsewhere Specified or Included in Ukraine
Price for Mineral Substances Not Elsewhere Specified or Included in Ukraine (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $121 per ton in 2022, declining by -44.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 86%. As a result, the export price attained the peak level of $216 per ton, and then fell rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($421 per ton), while the average price for exports to Austria ($50 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 Germany (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Ukraine (CIF) - 2023
In October 2023, the average import price for mineral substances not elsewhere specified or includeds amounted to $388 per ton, reducing by -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in May 2023 an increase of 25% m-o-m. As a result, import price attained the peak level of $473 per ton. From June 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,850 per ton), while the price for Slovakia ($127 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Ukraine
In 2022, approx. 61K tons of mineral substances not elsewhere specified or includeds were exported from Ukraine; with an increase of 78% against the year before. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 288%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, exports of mineral substances not elsewhere specified or includeds contracted to $7.3M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 620% against the previous year. As a result, the exports reached the peak of $7.4M, leveling off in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 143 | 2,747 | 4,324 | 879.6% |
| Poland | 164 | 237 | 244 | 2,012 | 130.6% |
| Hong Kong SAR | N/A | N/A | 3,184 | 414 | -87.0% |
| Romania | N/A | 9.7 | 244 | 137 | 275.8% |
| Latvia | 128 | 143 | 109 | 113 | -4.1% |
| Austria | 25.4 | 23.7 | 101 | 76.7 | 44.5% |
| Russia | 219 | 243 | 209 | 7.4 | -67.7% |
| Others | 346 | 221 | 517 | 225 | -13.4% |
| Total | 887 | 1,021 | 7,354 | 7,309 | 102.0% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Ukraine in 2022:
- Poland (39.0K tons)
- China (14.2K tons)
- Romania (2.8K tons)
- Austria (1.5K tons)
- Hong Kong SAR (1.4K tons)
- Latvia (0.8K tons)
- Russia (0.1K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Ukraine
In 2022, overseas purchases of mineral substances not elsewhere specified or includeds decreased by -70.4% to 17K tons, falling for the second year in a row after two years of growth. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 66K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of mineral substances not elsewhere specified or includeds shrank significantly to $5.2M in 2022. Overall, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Mineral Substances Not Elsewhere Specified or Included in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 628 | 923 | 1,428 | 2,138 | 50.4% |
| Russia | 7,729 | 8,468 | 7,624 | 993 | -49.5% |
| Georgia | 639 | 684 | 467 | 261 | -25.8% |
| Poland | 38.9 | 101 | 43.8 | 257 | 87.6% |
| Slovakia | 92.5 | 127 | 171 | 257 | 40.6% |
| Bulgaria | 114 | 128 | 153 | 218 | 24.1% |
| Turkey | 90.1 | 236 | 126 | 118 | 9.4% |
| Belarus | 264 | 231 | 319 | 61.6 | -38.4% |
| Greece | 187 | 238 | 216 | 60.6 | -31.3% |
| Others | 976 | 783 | 979 | 835 | -5.1% |
| Total | 10,760 | 11,920 | 11,526 | 5,200 | -21.5% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Ukraine in 2022:
- Russia (5.5K tons)
- Germany (3.6K tons)
- Slovakia (2.6K tons)
- Georgia (1.8K tons)
- Bulgaria (1.0K tons)
- Turkey (0.6K tons)
- Poland (0.6K tons)
- Belarus (0.5K tons)
- Greece (0.3K tons)
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