Ukraine: Polymethyl Methacrylate Market 2024

Polymethyl Methacrylate Market Size in Ukraine

The Ukrainian polymethyl methacrylate market shrank modestly to $X in 2022, remaining constant against the previous year. In general, 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. Polymethyl methacrylate consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Polymethyl Methacrylate Production in Ukraine

In value terms, polymethyl methacrylate production totaled $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase 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 appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Polymethyl methacrylate production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Polymethyl Methacrylate Exports

Exports from Ukraine

In 2022, polymethyl methacrylate exports from Ukraine skyrocketed to X tons, picking up by X% against 2021 figures. Over the period under review, exports, however, showed a deep contraction. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, polymethyl methacrylate exports expanded modestly to $X in 2022. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons), Kazakhstan (X tons) and Poland (X tons) were the main destinations of polymethyl methacrylate exports from Ukraine, together comprising X% of total exports. Uzbekistan, Russia, Germany and Belarus lagged somewhat behind, together comprising a further X%.

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

In value terms, Kazakhstan ($X) emerged as the key foreign market for polymethyl methacrylate in primary forms exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with an X% share of total exports. It was followed by Latvia, with a X% share.

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

Export Prices by Country

In 2022, the average polymethyl methacrylate export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Latvia ($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 Kazakhstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Polymethyl Methacrylate Imports

Imports into Ukraine

In 2022, overseas purchases of polymethyl methacrylate in primary forms decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polymethyl methacrylate imports declined markedly to $X in 2022. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of polymethyl methacrylate to Ukraine, accounting for a X% share of total imports. Moreover, polymethyl methacrylate imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

In value terms, Germany ($X) constituted the largest supplier of polymethyl methacrylate in primary forms to Ukraine, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average polymethyl methacrylate import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform