Report Update Nov 1, 2024

Ukraine - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Ethanal Market 2024

Ethanal Market Size in Ukraine

In 2022, the Ukrainian ethanal market decreased by -17% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a slight descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Ethanal Exports

Exports from Ukraine

In 2022, exports of ethanal (acetaldehyde) from Ukraine totaled X kg, almost unchanged from the previous year. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked at X kg in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, ethanal exports soared to $X in 2022. In general, exports saw a dramatic contraction. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Georgia (X kg) was the main destination for ethanal exports from Ukraine, accounting for a 86% share of total exports. Moreover, ethanal exports to Georgia exceeded the volume sent to the second major destination, the United States (X kg), sixfold.

From 2017 to 2022, the average annual growth rate of volume to Georgia amounted to +43.1%.

In value terms, the largest markets for ethanal exported from Ukraine were Georgia ($X) and the United States ($X).

Georgia, with a CAGR of +42.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average ethanal export price amounted to $X per ton, growing by 128% against the previous year. Over the period under review, the export price, however, saw a dramatic contraction. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Georgia stood at $X per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+124.2%), while the prices for the other major destinations experienced a decline.

Ethanal Imports

Imports into Ukraine

In 2022, overseas purchases of ethanal (acetaldehyde) decreased by -17.9% to X kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 193%. As a result, imports attained the peak of X kg. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, ethanal imports shrank to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 262% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Latvia (X kg) constituted the largest ethanal supplier to Ukraine, with a 85% share of total imports. Moreover, ethanal imports from Latvia exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold. The third position in this ranking was taken by the United States (X kg), with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia totaled +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.1% per year) and the United States (-17.7% per year).

In value terms, Latvia ($X) constituted the largest supplier of ethanal (acetaldehyde) to Ukraine, comprising 72% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Latvia amounted to +58.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.2% per year) and Germany (+20.0% per year).

Import Prices by Country

In 2022, the average ethanal import price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 24%. The import price peaked at $X per ton in 2020; however, from 2021 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 the United States ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethanal (acetaldehyde) in the world?

The country with the largest volume of ethanal consumption was China, accounting for 25% of total volume. Moreover, ethanal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Pakistan ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of ethanal (acetaldehyde) in the world?

China constituted the country with the largest volume of ethanal production, accounting for 25% of total volume. Moreover, ethanal production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of ethanal (acetaldehyde) to Ukraine?

In value terms, Latvia $780), the United States $615) and Germany $472) appeared to be the largest ethanal suppliers to Ukraine.

What are the leading importers of ethanal (acetaldehyde) from Ukraine?

In value terms, the largest markets for ethanal exported from Ukraine were Latvia $20) and the United States $19).

What is the average export price for ethanal (acetaldehyde) in Ukraine?

The average ethanal export price stood at $12,187 per ton in 2021, reducing by -51.9% against the previous year.

What is the average import price for ethanal (acetaldehyde) in Ukraine?

The average ethanal import price stood at $50,459 per ton in 2021, picking up by 11% against the previous year.

This report provides an in-depth analysis of the ethanal market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146113 - Ethanal (acetaldehyde)

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023