Ukraine: Canned Food Market 2024

Canned Food Market Size in Ukraine

The Ukrainian canned food market was estimated at $X in 2021, growing by 12% against the previous year. In general, consumption, however, saw a abrupt descent. Canned food consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Canned Food Production in Ukraine

In value terms, canned food production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. Canned food production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Canned Food Exports

Exports from Ukraine

Canned food exports from Ukraine contracted sharply to X tons in 2021, dropping by -15.1% on 2020 figures. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, canned food exports contracted to $X in 2021. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 18%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for canned food exports from Ukraine, accounting for a 24% share of total exports. Moreover, canned food exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), twofold. The third position in this ranking was held by Germany (X tons), with an 8.9% share.

From 2012 to 2020, the average annual growth rate of volume to Russia amounted to -23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+16.8% per year) and Germany (-5.8% per year).

In value terms, the largest markets for canned food exported from Ukraine were Russia ($X), Georgia ($X) and Moldova ($X), with a combined 36% share of total exports. Belarus, the Netherlands, Singapore, Germany, Azerbaijan, Latvia, Lithuania, Kazakhstan, the United States and Estonia lagged somewhat behind, together comprising a further 45%.

In terms of the main countries of destination, Singapore, with a CAGR of +134.0%, saw the highest growth rate of 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 average canned food export price stood at $X per ton in 2020, remaining constant against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2020, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports

Imports into Ukraine

In 2021, approx. X tons of canned food were imported into Ukraine; rising by 12% on 2020. Over the period under review, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, canned food imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 26%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), Poland (X tons) and Thailand (X tons) were the main suppliers of canned food imports to Ukraine, together comprising 46% of total imports. These countries were followed by Hungary, Italy, France, China, Belarus, Germany, Russia, the Netherlands, Greece and Moldova, which together accounted for a further 38%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +69.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest canned food suppliers to Ukraine were Poland ($X), Spain ($X) and France ($X), together accounting for 47% of total imports.

France, with a CAGR of +64.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average canned food import price stood at $X per ton in 2020, increasing by 4.2% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Italy (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :