Ukraine: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Ukraine

The Ukrainian jute and jute-like fibers market declined notably to $X in 2022, falling by -96.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Jute And Jute-Like Fibers

Exports from Ukraine

In 2022, jute and jute-like fibers exports from Ukraine shrank to X kg, dropping by -6.1% compared with 2021. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 95% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X kg) was the main destination for jute and jute-like fibers exports from Ukraine, accounting for a 44% share of total exports. Moreover, jute and jute-like fibers exports to Belgium exceeded the volume sent to the second major destination, Turkey (X kg), sevenfold. Moldova (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Moldova (-34.9% per year).

In value terms, Belgium ($X) remains the key foreign market for jute and jute-like fibers exports from Ukraine, comprising 45% of total exports. The second position in the ranking was taken by India ($X), with an 8.5% share of total exports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +839.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+3.8% per year) and Turkey (0.0% per year).

Export Prices by Country

In 2022, the average jute and jute-like fibers export price amounted to $X per ton, growing by 616% against the previous year. Over the period under review, the export price continues to indicate a significant increase. As a result, the export price reached 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 India ($X per ton), while the average price for exports to Moldova ($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 Belgium (+826.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into Ukraine

In 2022, jute and jute-like fibers imports into Ukraine declined sharply to X kg, waning by -96.8% compared with the previous year's figure. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 746%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports contracted rapidly to $X in 2022. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 305%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X kg), Egypt (X kg) and Tanzania (X kg) were the main suppliers of jute and jute-like fibers imports to Ukraine, together accounting for 97% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of -2.7%), while imports for the other leaders experienced a decline.

In value terms, Tanzania ($X) constituted the largest supplier of jute and jute-like fibers to Ukraine, comprising 65% of total imports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Tanzania totaled +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-0.1% per year) and Poland (+2.6% per year).

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per ton in 2022, surging by 134% against the previous year. Over the period under review, the import price posted a moderate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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