Ukraine: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Ukraine

In 2021, after two years of growth, there was significant decline in the Ukrainian industrial monocarboxylic fatty acids market, when its value decreased by -5.4% to $X. Overall, consumption recorded a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Industrial Monocarboxylic Fatty Acids in Ukraine

In value terms, industrial monocarboxylic fatty acids production expanded to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of 219%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Ukraine

Industrial monocarboxylic fatty acids exports from Ukraine declined to X tons in 2021, which is down by -7.4% compared with the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 45%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial monocarboxylic fatty acids exports surged to $X in 2021. Over the period under review, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Israel (X tons) and the Netherlands (X tons) were the main destinations of industrial monocarboxylic fatty acids exports from Ukraine, with a combined 74% share of total exports. These countries were followed by Turkey, Germany, India and the United Arab Emirates, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +430.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial monocarboxylic fatty acids exported from Ukraine were Poland ($X), Israel ($X) and the Netherlands ($X), with a combined 76% share of total exports. Germany, India, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further 20%.

The United Arab Emirates, with a CAGR of +575.7%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average industrial monocarboxylic fatty acids export price amounted to $X per ton, rising by 59% against the previous year. Overall, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial monocarboxylic fatty acids export price increased by +85.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Turkey ($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 the United Arab Emirates (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Ukraine

After two years of growth, overseas purchases of industrial monocarboxylic fatty acids decreased by -2.1% to X tons in 2021. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 183% against the previous year. As a result, imports attained the peak of X tons, and then dropped modestly in the following year.

In value terms, industrial monocarboxylic fatty acids imports surged to $X in 2021. In general, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 141% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Malaysia (X tons), Kazakhstan (X tons) and India (X tons) were the main suppliers of industrial monocarboxylic fatty acids imports to Ukraine, together comprising 80% of total imports. Indonesia, Poland, Belarus and Germany lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +88.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial monocarboxylic fatty acids suppliers to Ukraine were Malaysia ($X), India ($X) and Kazakhstan ($X), with a combined 83% share of total imports. These countries were followed by Indonesia, Belarus, Germany and Poland, which together accounted for a further 14%.

Indonesia, with a CAGR of +85.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, increasing by 42% against the previous year. Overall, the import price, however, recorded a abrupt decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 India ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+85.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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