Ukraine: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in Ukraine

The Ukrainian polycarboxylic acid market stood at $X in 2022, remaining stable against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value 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. Based on 2022 figures, consumption decreased by X% against 2020 indices. Polycarboxylic acid consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Polycarboxylic Acid Production in Ukraine

In value terms, polycarboxylic acid production expanded sharply to $X in 2022 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Polycarboxylic Acid Exports

Exports from Ukraine

In 2022, after two years of growth, there was significant decline in overseas shipments of polycarboxylic acids, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, polycarboxylic acid exports contracted sharply to $X in 2022. Overall, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Belarus (X tons) and Latvia (X tons) were the main destinations of polycarboxylic acid exports from Ukraine, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) emerged as the key foreign market for polycarboxylic acids exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Latvia (X% per year).

Export Prices by Country

The average polycarboxylic acid export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price showed strong growth. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to India ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports

Imports into Ukraine

In 2022, the amount of polycarboxylic acids imported into Ukraine fell dramatically to X tons, reducing by X% on the year before. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, polycarboxylic acid imports shrank markedly to $X in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and the Netherlands (X tons) were the main suppliers of polycarboxylic acid imports to Ukraine, together accounting for X% of total imports. China, Germany, South Korea, Austria, Belarus and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid suppliers to Ukraine were the Czech Republic ($X), Poland ($X) and the Netherlands ($X), with a combined X% share of total imports. China, Germany, South Korea, Austria, Belarus and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polycarboxylic acid import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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