Ukraine: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Ukraine

After six years of growth, the Ukrainian hydrogen peroxide market decreased by -14.8% to $X in 2022. Overall, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Hydrogen Peroxide Exports

Exports from Ukraine

In 2022, after three years of decline, there was significant growth in overseas shipments of hydrogen peroxide, when their volume increased by 38% to X tons. Over the period under review, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by 134% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, hydrogen peroxide exports surged to $X in 2022. Overall, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by 158%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for hydrogen peroxide exports from Ukraine, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Moldova amounted to -16.7%.

In value terms, Moldova ($X) also remains the key foreign market for hydrogen peroxide exports from Ukraine.

From 2012 to 2022, the average annual growth rate of value to Moldova stood at -13.4%.

Export Prices by Country

In 2022, the average hydrogen peroxide export price amounted to $X per ton, growing by 68% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen peroxide export price increased by +112.3% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +4.0% per year.

Hydrogen Peroxide Imports

Imports into Ukraine

In 2022, purchases abroad of hydrogen peroxide decreased by -26.3% to X tons, falling for the second year in a row after five years of growth. In general, imports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2018 with an increase of 15% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, hydrogen peroxide imports reduced to $X in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 32%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of hydrogen peroxide to Ukraine, with a 54% share of total imports. Moreover, hydrogen peroxide imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Slovenia (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-10.6% per year) and Slovenia (+36.0% per year).

In value terms, Germany ($X) constituted the largest supplier of hydrogen peroxide to Ukraine, comprising 53% of total imports. The second position in the ranking was taken by Poland ($X), with a 21% share of total imports. It was followed by the Netherlands, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-5.4% per year) and the Netherlands (+3.1% per year).

Import Prices by Country

In 2022, the average hydrogen peroxide import price amounted to $X per ton, surging by 21% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen peroxide import price increased by +104.3% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 33%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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