Ukraine: Maltodextrine Market 2024

Maltodextrine Market Size in Ukraine

In 2021, after two years of growth, there was significant decline in the Ukrainian maltodextrine market, when its value decreased by -28.1% to $X. Overall, consumption continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when the market value increased by 9.4% against the previous year. Maltodextrine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Maltodextrine Production in Ukraine

In value terms, maltodextrine production expanded to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 17%. Maltodextrine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Maltodextrine Exports

Exports from Ukraine

In 2021, shipments abroad of maltodextrine and maltodextine syrup increased by 2,581% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 32,737%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, maltodextrine exports skyrocketed to $X in 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 14,331% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for maltodextrine exports from Ukraine, with a 38% share of total exports. Moreover, maltodextrine exports to China exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +179.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+375.5% per year) and Colombia (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for maltodextrine and maltodextine syrup exports from Ukraine, comprising 37% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 15% share of total exports. It was followed by Indonesia, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +180.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+477.5% per year) and Indonesia (0.0% per year).

Export Prices by Country

In 2021, the average maltodextrine export price amounted to $X per ton, increasing by 11% against the previous year. In general, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 108%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Indonesia ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Egypt ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Maltodextrine Imports

Imports into Ukraine

In 2021, the amount of maltodextrine and maltodextine syrup imported into Ukraine fell significantly to X tons, shrinking by -32% against the previous year's figure. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 with an increase of 28%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, maltodextrine imports shrank to $X in 2021. Overall, imports saw a perceptible decline. The growth pace was the most rapid in 2013 with an increase of 26%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), China (X tons) and France (X tons) were the main suppliers of maltodextrine imports to Ukraine, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +182.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest maltodextrine suppliers to Ukraine were Turkey ($X), France ($X) and China ($X), together comprising 47% of total imports.

Turkey, with a CAGR of +158.9%, 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

In 2021, the average maltodextrine import price amounted to $X per ton, growing by 35% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained 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 the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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