Ukraine: Biological Product Market 2025

Biological Product Market Size in Ukraine

The Ukrainian biological product market reduced rapidly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a abrupt decrease. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Biological Product Production in Ukraine

In value terms, biological product production fell sharply to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Biological Product Exports

Exports from Ukraine

In 2022, after two years of growth, there was significant decline in overseas shipments of biological products, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, biological product exports rose sharply to $X in 2022. In general, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for biological product exports from Ukraine, accounting for a X% share of total exports. Moreover, biological product exports to Poland exceeded the volume sent to the second major destination, Russia (X tons), twofold. The third position in this ranking was taken by Kazakhstan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for biological products exports from Ukraine, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the average biological product export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Kazakhstan ($X per ton), while the average price for exports to Russia ($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 Bulgaria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Biological Product Imports

Imports into Ukraine

In 2022, the amount of biological products imported into Ukraine fell rapidly to X tons, which is down by X% against the previous year. Over the period under review, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped notably in the following year.

In value terms, biological product imports declined significantly to $X in 2022. Overall, imports saw a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

The United States (X tons), China (X tons) and Argentina (X tons) were the main suppliers of biological product imports to Ukraine, together comprising X% of total imports. Spain, South Africa, Italy, Germany, Poland, the UK, France, Denmark, Uruguay and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the largest biological product suppliers to Ukraine, with a combined X% share of total imports. France, Austria, Italy, the UK, Spain, Denmark, Argentina, Poland, South Africa and Uruguay lagged somewhat behind, together comprising a further X%.

Among the main suppliers, South Africa, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average biological product import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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