Ukraine: Bentonite Market 2021

Bentonite Market Size in Ukraine

In 2019, the Ukrainian bentonite market increased by X% to $X, rising for the third year in a row after three years of decline. In general, consumption enjoyed temperate growth. The pace of growth was the most pronounced in 2018 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to see steady growth in the near future.

Bentonite Production in Ukraine

In value terms, bentonite production fell modestly to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then contracted in the following year.

Bentonite Exports

Exports from Ukraine

For the third consecutive year, Ukraine recorded decline in shipments abroad of bentonite, which decreased by -X% to X tons in 2019. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Ukraine exports peaked at X tons in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, bentonite exports plummeted to $X in 2019. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the largest exporters of bentonite, together generating X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Turkey ($X) and India ($X) constituted the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

Among the main exporting countries, Turkey saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Ukraine stood at $X per ton in 2019, with an increase of X% against the previous year. Over the period under review, the export price recorded prominent growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Ukraine

Bentonite imports into Ukraine soared to X tons in 2019, increasing by X% against the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to see gradual growth in the near future.

In value terms, bentonite imports skyrocketed to $X in 2019. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The purchases of the twelve major importers of bentonite, namely Germany, Canada, Indonesia, the Netherlands, Malaysia, Poland, Russia, Saudi Arabia, Thailand, the UK, Japan and France, represented more than half of total import. Italy (X tons) held a relatively small share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2019, together accounting for X% of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Ukraine stood at $X per ton in 2019, reducing by -X% against the previous year. Overall, import price indicated a buoyant increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton. From 2018 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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