Report Update Nov 1, 2024

Ukraine - Animal Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Animal Fats Market 2024

Animal Fats Market Size in Ukraine

The Ukrainian animal fats market dropped markedly to $X in 2021, which is down by -28.7% against the previous year. In general, consumption, however, recorded a buoyant expansion. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Animal Fats Production in Ukraine

In value terms, animal fats production reduced sharply to $X in 2021 estimated in export price. Overall, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 148%. As a result, production reached the peak level of $X, and then fell dramatically in the following year.

Animal Fats Exports

Exports from Ukraine

In 2014, approx. X kg of animal fats and oils were exported from Ukraine; approximately equating the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2014 and are likely to see gradual growth in years to come.

In value terms, animal fats exports stood at $X in 2014. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are expected to retain growth in years to come.

Exports by Country

Russia (X kg) was the main destination for animal fats exports from Ukraine, with a approx. 100% share of total exports.

From 2014 to 2014, the average annual growth rate of volume to Russia was relatively modest.

From 2014 to 2014, the average annual growth rate of value to Russia was relatively modest.

Animal Fats Imports

Imports into Ukraine

In 2021, approx. X tons of animal fats and oils were imported into Ukraine; jumping by 200% compared with the previous year's figure. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, animal fats imports soared to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of animal fats to Ukraine, accounting for a 90% share of total imports. Moreover, animal fats imports from China exceeded the figures recorded by the second-largest supplier, Iceland (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (+21.0% per year) and Kyrgyzstan (-5.5% per year).

In value terms, China ($X) constituted the largest supplier of animal fats and oils to Ukraine, comprising 96% of total imports. The second position in the ranking was held by Iceland ($X), with a 1.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +33.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (+14.4% per year) and Kyrgyzstan (+10.9% per year).

Import Prices by Country

The average animal fats import price stood at $X per ton in 2021, dropping by -4.8% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?

The countries with the highest volumes of animal fats consumption in 2020 were China, the U.S. and India, with a combined 27% share of global consumption. These countries were followed by Italy, Japan, Russia, Brazil, Indonesia, Spain, Germany, Mexico, Pakistan and France, which together accounted for a further 26%.

What are the largest producers of animal fats and oils in the world?

China remains the largest animal fats producing country worldwide, accounting for 15% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by India, with a 5.6% share.

What are the leading suppliers of animal fats and oils to Ukraine?

In value terms, China constituted the largest supplier of animal fats to Ukraine.

What is the average export price for animal fats and oils in Ukraine?

The average animal fats export price stood at $4,167 per ton in 2014, almost unchanged from the previous year.

What is the average import price for animal fats and oils in Ukraine?

The average animal fats import price stood at $3,062 per ton in 2020, increasing by 55% against the previous year.

This report provides an in-depth analysis of the animal fats market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023