Ukraine - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSalicylic Acid Price in Ukraine - 2023
Contents:
- Salicylic Acid Price in Ukraine (CIF) - 2022
- Salicylic Acid Price in Ukraine (FOB) - 2022
- Salicylic Acid Imports in Ukraine
- Salicylic Acid Exports in Ukraine
Salicylic Acid Price in Ukraine (CIF) - 2022
The average salicylic acid import price stood at $4,876 per ton in 2021, approximately reflecting the previous year. Overall, the import price, however, showed a significant contraction. The growth pace was the most rapid in 2019 when the average import price increased by 30%. Over the period under review, average import prices attained the peak figure at $37,559 per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($20,358 per ton), while the price for the United States ($3,004 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Salicylic Acid Price in Ukraine (FOB) - 2022
In 2021, the average salicylic acid export price amounted to $6,908 per ton, reducing by -11% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 136%. As a result, the export price attained the peak level of $24,929 per ton. From 2014 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($19,540 per ton), while the average price for exports to Moldova ($6,138 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Salicylic Acid Imports in Ukraine
In 2022, purchases abroad of salicylic acid and its salts decreased by -23% to 12 tons, falling for the second year in a row after two years of growth. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, salicylic acid imports contracted sharply to $62K in 2022. Over the period under review, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of $87K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Salicylic Acid in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 48.8 | 59.3 | 61.1 | 11.9% | |
| France | 10.6 | 10.7 | 8.2 | -12.0% | |
| United States | 4.6 | 8.5 | 4.8 | 2.2% | |
| Others | 4.2 | 8.4 | 3.2 | -12.7% | |
| Total | 68.1 | 86.8 | 77.3 | 6.5% | |
Top Suppliers of Salicylic Acid to Ukraine in 2022:
- China (15.6 tons)
- United States (1.6 tons)
- France (0.4 tons)
Salicylic Acid Exports in Ukraine
In 2022, after three years of growth, there was significant decline in overseas shipments of salicylic acid and its salts, when their volume decreased by -33% to 422 kg. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 193% against the previous year. As a result, the exports reached the peak of 630 kg, and then dropped dramatically in the following year.
In value terms, salicylic acid exports dropped rapidly to $3K in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 161% against the previous year. As a result, the exports reached the peak of $4.4K, and then contracted significantly in the following year.
| Export of Salicylic Acid in Ukraine (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Moldova | 432 | 1,041 | 3,683 | 192.0% | |
| Kazakhstan | N/A | N/A | 473 | 0% | |
| Slovakia | 8.0 | 34.0 | 196 | 395.0% | |
| Lithuania | 248 | N/A | N/A | 0% | |
| Kyrgyzstan | N/A | 354 | N/A | 0% | |
| Others | N/A | 240 | N/A | 0% | |
| Total | 688 | 1,669 | 4,352 | 151.5% | |
Top Export Markets for Salicylic Acid from Ukraine in 2022:
- Moldova (600.0 kg)
- Slovakia (30.0 kg)
- Kazakhstan (24.0 kg)
This report provides an in-depth analysis of the salicylic acid market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21101030 - Salicylic acid and its salts
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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