Ukraine: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Ukraine

The Ukrainian cyclic hydrocarbons market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Cyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cyclic Hydrocarbons Production in Ukraine

In value terms, cyclic hydrocarbons production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Cyclic hydrocarbons production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cyclic Hydrocarbons Exports

Exports from Ukraine

In 2022, approx. X tons of cyclic hydrocarbons were exported from Ukraine; declining by X% against 2021 figures. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, cyclic hydrocarbons exports dropped significantly to $X in 2022. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Italy (X tons), Russia (X tons) and Belarus (X tons) were the main destinations of cyclic hydrocarbons exports from Ukraine, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cyclic hydrocarbons exported from Ukraine were Italy ($X), Russia ($X) and Belarus ($X), together comprising X% of total exports.

Belarus, with a CAGR of X.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Russia ($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 Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cyclic Hydrocarbons Imports

Imports into Ukraine

In 2022, imports of cyclic hydrocarbons into Ukraine shrank sharply to X tons, waning by X% compared with the previous year's figure. In general, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports shrank markedly to $X in 2022. Overall, imports showed a sharp descent. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Hungary (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main suppliers of cyclic hydrocarbons imports to Ukraine, together comprising X% of total imports. The United States, Germany, Taiwan (Chinese), China, Poland, Turkey, Russia and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovakia ($X) and the Netherlands ($X) constituted the largest cyclic hydrocarbons suppliers to Ukraine, together accounting for X% of total imports. China, Taiwan (Chinese), Germany, the United States, Turkey, Poland, Russia and the Czech Republic lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, 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

In 2022, the average cyclic hydrocarbons import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclic hydrocarbons import price increased by X% against 2020 indices. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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