Ukraine: Sisal Binder Market 2022

Sisal Binder Market Size in Ukraine

The Ukrainian sisal binder market soared to $X in 2021, rising 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). In general, consumption, however, showed a abrupt contraction. Sisal binder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sisal Binder Exports

Exports from Ukraine

In 2021, overseas shipments of sisal binder or baler (agricultural) twines decreased by -X% to X kg, falling for the fourth consecutive year after six years of growth. Over the period under review, exports, however, showed a notable expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, sisal binder exports shrank slightly to $X in 2021. In general, exports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg), Poland (X kg) and Georgia (X kg) were the main destinations of sisal binder exports from Ukraine, together accounting for X% of total exports.

From 2012 to 2021, 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 ($X) emerged as the key foreign market for sisal binder exports from Ukraine, comprising X% of total exports. The second position in the ranking was occupied by Georgia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+X% per year) and Poland (X% per year).

Export Prices by Country

In 2021, the average sisal binder export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Ukraine

In 2021, approx. X tons of sisal binder or baler (agricultural) twines were imported into Ukraine; jumping by X% compared with 2020. Overall, imports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sisal binder imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest sisal binder supplier to Ukraine, accounting for a X% share of total imports. Moreover, sisal binder imports from China exceeded the figures recorded by the second-largest supplier, Mozambique (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mozambique (X% per year) and Poland (-X% per year).

In value terms, China ($X) constituted the largest supplier of sisal binder to Ukraine, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-X% per year) and Mozambique (X% per year).

Import Prices by Country

The average sisal binder import price stood at $X per ton in 2021, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

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

Source: IndexBox Platform