Ukraine: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Ukraine

In 2022, the Ukrainian pharmaceutical rubber articles market increased by X% to $X, rising for the seventh consecutive year after two years of decline. Over the period under review, consumption saw strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Pharmaceutical Rubber Articles Production in Ukraine

In value terms, pharmaceutical rubber articles production declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pharmaceutical Rubber Articles Exports

Exports from Ukraine

Pharmaceutical rubber articles exports from Ukraine dropped markedly to X units in 2022, waning by X% on the previous year's figure. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pharmaceutical rubber articles exports contracted dramatically to $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for pharmaceutical rubber articles exports from Ukraine, accounting for a X% share of total exports. Moreover, pharmaceutical rubber articles exports to Estonia exceeded the volume sent to the second major destination, Kazakhstan (X units), sixfold. The third position in this ranking was held by Latvia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Latvia (X% per year).

In value terms, Estonia ($X), Kazakhstan ($X) and Latvia ($X) appeared to be the largest markets for pharmaceutical rubber articles exported from Ukraine worldwide, together comprising X% of total exports.

Among the main countries of destination, Estonia, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average pharmaceutical rubber articles export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports

Imports into Ukraine

In 2022, pharmaceutical rubber articles imports into Ukraine shrank dramatically to X units, which is down by X% compared with 2021 figures. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, pharmaceutical rubber articles imports shrank markedly to $X in 2022. Over the period under review, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Malaysia (X units) and Germany (X units) were the main suppliers of pharmaceutical rubber articles imports to Ukraine, with a combined X% share of total imports. Poland, Latvia, Thailand and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest pharmaceutical rubber articles suppliers to Ukraine were China ($X), Malaysia ($X) and Poland ($X), together comprising X% of total imports. Germany, Thailand, Latvia and India lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pharmaceutical rubber articles import price amounted to $X per unit, reducing by X% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then reduced markedly in the following year.

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

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

Source: IndexBox Platform

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