Ukraine: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Ukraine

In 2022, after six years of growth, there was significant decline in the Ukrainian unvulcanized rubber market, when its value decreased by X% to $X. In general, consumption, however, showed a relatively flat trend pattern. Unvulcanized rubber consumption peaked at $X in 2021, and then fell rapidly in the following year.

Unvulcanized Rubber Production in Ukraine

In value terms, unvulcanized rubber production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight 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 most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Unvulcanized Rubber Exports

Exports from Ukraine

In 2022, after six years of growth, there was significant decline in overseas shipments of unvulcanized rubber and articles thereof, when their volume decreased by X% to X tons. Overall, exports, however, showed prominent growth. 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 markedly in the following year.

In value terms, unvulcanized rubber exports shrank sharply to $X in 2022. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Poland (X tons) was the main destination for unvulcanized rubber exports from Ukraine, with a X% share of total exports. Moreover, unvulcanized rubber exports to Poland exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by the UK (X tons), with an X% share.

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

In value terms, Poland ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for unvulcanized rubber exported from Ukraine worldwide, together comprising X% of total exports.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average unvulcanized rubber export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a mild contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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

Unvulcanized Rubber Imports

Imports into Ukraine

In 2022, approx. X tons of unvulcanized rubber and articles thereof were imported into Ukraine; with a decrease of X% against the previous year's figure. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, unvulcanized rubber imports contracted rapidly to $X in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of unvulcanized rubber imports to Ukraine, together accounting for X% of total imports.

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

In value terms, the largest unvulcanized rubber suppliers to Ukraine were Germany ($X), Poland ($X) and Italy ($X), with a combined X% share of total imports. Turkey, China, the Czech Republic, Slovakia, Belarus and Russia lagged somewhat behind, together accounting for a further X%.

Slovakia, 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 a decline.

Import Prices by Country

The average unvulcanized rubber import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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