Ukraine: Starch Glue Market 2025

Starch Glue Market Size in Ukraine

The Ukrainian starch glue market reduced to $X in 2021, shrinking by -6.5% against the previous year. In general, consumption recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 2.6%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Starch Glue Production in Ukraine

In value terms, starch glue production reduced slightly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. The growth pace was the most rapid in 2016 when the production volume increased by 25% against the previous year. Starch glue production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Starch Glue Exports

Exports from Ukraine

In 2021, shipments abroad of glues based on starches, dextrins or other modified starches increased by 104% to X tons, rising for the fourth year in a row after four years of decline. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2019 with an increase of 1,523%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, starch glue exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 656% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for starch glue exports from Ukraine, with a 66% share of total exports. Moreover, starch glue exports to Poland exceeded the volume sent to the second major destination, Slovakia (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland stood at +173.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+1,043.8% per year) and the Czech Republic (+36.4% per year).

In value terms, the largest markets for starch glue exported from Ukraine were Poland ($X), Slovakia ($X) and the Czech Republic ($X), together accounting for 98% of total exports.

Among the main countries of destination, Slovakia, with a CAGR of +1,398.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average starch glue export price amounted to $X per ton, rising by 25% against the previous year. Over the period under review, the export price, however, recorded a dramatic decrease. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland ($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 Slovakia (+31.1%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Glue Imports

Imports into Ukraine

In 2021, overseas purchases of glues based on starches, dextrins or other modified starches were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 15%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, starch glue imports surged to $X in 2021. In general, imports, however, saw a abrupt decrease. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons), Slovenia (X tons) and Austria (X tons) were the main suppliers of starch glue imports to Ukraine, together accounting for 59% of total imports. These countries were followed by Germany, Sweden, the Netherlands, Denmark and France, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +79.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Slovenia ($X) appeared to be the largest starch glue suppliers to Ukraine, together comprising 59% of total imports. Austria, the Netherlands, Denmark, Sweden and France lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Denmark, with a CAGR of +105.0%, 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

In 2021, the average starch glue import price amounted to $X per ton, surging by 7.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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