Ukraine: Chromates Market 2022

Chromates Market Size in Ukraine

The Ukrainian chromates market soared to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a pronounced decline. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Chromates Exports

Exports from Ukraine

In 2021, chromates exports from Ukraine dropped notably to X kg, falling by -X% on 2020 figures. Overall, exports saw a sharp downturn. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, chromates exports skyrocketed to $X in 2021. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Guatemala (X kg) was the main destination for chromates exports from Ukraine, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Guatemala was relatively modest.

In value terms, Guatemala ($X) also remains the key foreign market for chromates exports from Ukraine.

From 2012 to 2021, the average annual growth rate of value to Guatemala totaled +X%.

Export Prices by Country

The average chromates export price stood at $X per ton in 2021, growing by X% against the previous year. In general, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2021, the rate of growth in terms of prices for Guatemala amounted to +X% per year.

Chromates Imports

Imports into Ukraine

Chromates imports into Ukraine soared to X tons in 2021, jumping by X% against the year before. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, chromates imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth imports remained at a lower figure.

Imports by Country

Russia (X tons), Kazakhstan (X tons) and China (X tons) were the main suppliers of chromates imports to Ukraine, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while purchases for the other leaders experienced a decline.

In value terms, the largest chromates suppliers to Ukraine were China ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total imports.

In terms of the main suppliers, Russia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average chromates import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chromates import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform