Ukraine: Caustic Soda Market 2025

Caustic Soda Market Size in Ukraine

The Ukrainian caustic soda market reduced markedly to $X in 2021, declining by -22.2% against the previous year. In general, consumption saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Caustic Soda Production in Ukraine

In value terms, caustic soda production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, faced a deep setback. Caustic soda production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Caustic Soda Exports

Exports from Ukraine

In 2021, caustic soda exports from Ukraine reduced to X tons, with a decrease of -7.8% against the previous year's figure. Over the period under review, exports faced a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 31%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, caustic soda exports declined modestly to $X in 2021. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when exports increased by 24%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for caustic soda exports from Ukraine, accounting for a 42% share of total exports. Moreover, caustic soda exports to Italy exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +632.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+27.3% per year) and France (-18.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for caustic soda exports from Ukraine, comprising 44% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Moldova, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +420.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+26.7% per year) and Moldova (-5.3% per year).

Export Prices by Country

The average caustic soda export price stood at $X per ton in 2021, picking up by 5.8% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 7.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Caustic Soda Imports

Imports into Ukraine

In 2021, approx. X tons of caustic soda were imported into Ukraine; declining by -40.3% against the previous year's figure. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 25%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, caustic soda imports shrank remarkably to $X in 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of caustic soda to Ukraine, accounting for a 46% share of total imports. Moreover, caustic soda imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Iran (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled -16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.8% per year) and Iran (+234.7% per year).

In value terms, Russia ($X), Iran ($X) and Turkey ($X) appeared to be the largest caustic soda suppliers to Ukraine, together accounting for 78% of total imports.

In terms of the main suppliers, Iran, with a CAGR of +214.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average caustic soda import price stood at $X per ton in 2021, increasing by 28% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+36.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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