Ukraine: Organ Extracts Market 2024

Organ Extracts Market Size in Ukraine

After two years of growth, the Ukrainian organ extracts market decreased by -67.1% to $X in 2021. In general, consumption saw a deep downturn. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Organ Extracts Production in Ukraine

In value terms, organ extracts production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.2% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 43% against the previous year. Organ extracts production peaked at $X in 2020, and then dropped in the following year.

Organ Extracts Exports

Exports from Ukraine

In 2021, overseas shipments of extracts of glands or other organs or of their secretions decreased by 0% to X kg, falling for the second consecutive year after two years of decline. In general, exports showed a remarkable increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, organ extracts exports totaled $X in 2021. Over the period under review, exports continue to indicate a abrupt slump. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Israel (X kg), Germany (X kg) and the Netherlands (X kg) were the main destinations of organ extracts exports from Ukraine, together accounting for 49% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +189.4%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for organ extracts exported from Ukraine worldwide, with a combined 64% share of total exports.

Germany, with a CAGR of +44.7%, recorded 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 more modest paces of growth.

Export Prices by Country

The average organ extracts export price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the export price continues to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Austria ($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 Tajikistan (-2.5%), while the prices for the other major destinations experienced a decline.

Organ Extracts Imports

Imports into Ukraine

In 2021, approx. X kg of extracts of glands or other organs or of their secretions were imported into Ukraine; increasing by 6.5% against 2020 figures. Over the period under review, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 192% against the previous year. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, organ extracts imports skyrocketed to $X in 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 291%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Russia (X kg), Poland (X kg) and the UK (X kg) were the main suppliers of organ extracts imports to Ukraine, together accounting for 52% of total imports. China, India, Germany, Japan, the United States and France lagged somewhat behind, together comprising a further 32%. Moreover, organ extracts imports in Russia exceeded the figures recorded by the second-largest supplier, Poland, twofold.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +58.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Poland ($X) and Germany ($X) constituted the largest organ extracts suppliers to Ukraine, together accounting for 44% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +81.4%, 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

The average organ extracts import price stood at $X per kg in 2021, with an increase of 47% against the previous year. Over the period under review, the import price showed a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 474%. The import price peaked at $X per kg 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 Japan ($X per kg), while the price for India ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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