Ukraine: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Market Size in Ukraine

For the fourth year in a row, the Ukrainian derivatives of hydrocarbons market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption continues to indicate a abrupt shrinkage. Derivatives of hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Derivatives Of Hydrocarbons Production in Ukraine

In value terms, derivatives of hydrocarbons production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Derivatives Of Hydrocarbons Exports

Exports from Ukraine

In 2022, exports of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups from Ukraine fell to X tons, waning by X% compared with 2021. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X tons in 2021, and then fell modestly in the following year.

In value terms, derivatives of hydrocarbons exports dropped to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Latvia (X tons), the United States (X tons) and India (X kg) were the main destinations of derivatives of hydrocarbons exports from Ukraine, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for derivatives of hydrocarbons exported from Ukraine were Latvia ($X), the United States ($X) and India ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average derivatives of hydrocarbons export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 a decrease of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 India ($X per ton), while the average price for exports to the United States ($X 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 India (X%), while the prices for the other major destinations experienced a decline.

Derivatives Of Hydrocarbons Imports

Imports into Ukraine

In 2022, approx. X tons of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups were imported into Ukraine; with an increase of X% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, derivatives of hydrocarbons imports fell to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

India (X kg), China (X kg) and Germany (X kg) were the main suppliers of derivatives of hydrocarbons imports to Ukraine, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Ukraine, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the average derivatives of hydrocarbons import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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