Ukraine: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Ukraine

In 2022, after six years of growth, there was significant decline in the Ukrainian market for glaziers putty, grafting putty, other mastics and painters' fillings, when its value decreased by -35.2% to $X. Overall, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Ukraine

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings declined to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 136% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Ukraine

Exports of glaziers putty, grafting putty, other mastics and painters' fillings from Ukraine contracted remarkably to X tons in 2022, with a decrease of -36.4% compared with the previous year. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 65% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings shrank notably to $X in 2022. Over the period under review, exports continue to indicate a slight decline. The growth pace was the most rapid in 2016 with an increase of 60%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Moldova (X tons), Poland (X tons) and Romania (X tons) were the main destinations of exports of glaziers putty, grafting putty, other mastics and painters' fillings from Ukraine, with a combined 71% share of total exports. Russia, Uzbekistan, Hungary, Burkina Faso, Georgia, Canada, Bulgaria, Belarus and China lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +126.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Ukraine, comprising 51% of total exports. The second position in the ranking was held by Moldova ($X), with a 17% share of total exports. It was followed by Romania, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Poland totaled +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-5.5% per year) and Romania (+73.1% per year).

Export Prices by Country

The average export price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, surging by 20% against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 55% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Uzbekistan ($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 Kazakhstan (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Ukraine

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were imported into Ukraine; with a decrease of -36.3% on 2021. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 13%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings dropped dramatically to $X in 2022. Over the period under review, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest glaziers, grafting putty and painters' filling supplier to Ukraine, accounting for a 51% share of total imports. Moreover, imports of glaziers putty, grafting putty, other mastics and painters' fillings from Poland exceeded the figures recorded by the second-largest supplier, Moldova (X tons), fivefold. The third position in this ranking was taken by Turkey (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+76.3% per year) and Turkey (-13.9% per year).

In value terms, Poland ($X) constituted the largest supplier of glaziers putty, grafting putty, other mastics and painters' fillings to Ukraine, comprising 43% of total imports. The second position in the ranking was taken by Turkey ($X), with a 9.9% share of total imports. It was followed by Estonia, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-3.9% per year) and Estonia (-5.6% per year).

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, reducing by -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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