Report Update Nov 1, 2024

Ukraine - Nitrites - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Nitrites Market 2024

Nitrites Market Size in Ukraine

The Ukrainian nitrites market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption showed significant growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Nitrites Exports

Exports from Ukraine

In 2021, shipments abroad of nitrites increased by 2.1% to X tons, rising for the fourth consecutive year after four years of decline. In general, exports, however, continue to indicate a sharp descent. The growth pace was the most rapid in 2019 with an increase of 221% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, nitrites exports stood at $X in 2021. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 190%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for nitrites exports from Ukraine, accounting for a 96% share of total exports. It was followed by Russia (X tons), with a 3.1% share of total exports. Moldova (X kg) ranked third in terms of total exports with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus totaled -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-45.4% per year) and Moldova (+8.0% per year).

In value terms, Belarus ($X) remains the key foreign market for nitrites exports from Ukraine, comprising 96% of total exports. The second position in the ranking was taken by Russia ($X), with a 3.1% share of total exports. It was followed by Moldova, with a 0.8% share.

From 2012 to 2021, the average annual growth rate of value to Belarus amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-39.3% per year) and Moldova (+7.7% per year).

Export Prices by Country

In 2021, the average nitrites export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2015 an increase of 130% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Belarus ($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 Germany (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrites Imports

Imports into Ukraine

In 2021, supplies from abroad of nitrites was finally on the rise to reach X tons after two years of decline. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 235% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, nitrites imports soared to $X in 2021. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 306% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of nitrites imports to Ukraine, together comprising 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +89.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrites suppliers to Ukraine were China ($X), Russia ($X) and Germany ($X), with a combined 97% share of total imports.

Germany, with a CAGR of +85.1%, 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 nitrites import price amounted to $X per ton, surging by 1.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 21%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrites in the world?

The countries with the highest volumes of nitrites consumption in 2021 were Zambia, Canada and South Korea, together comprising 30% of global consumption. Japan, Nigeria, the Netherlands, Taiwan Chinese), Chile, Brazil, France, China, Thailand and Ukraine lagged somewhat behind, together accounting for a further 40%.

What are the largest producers of nitrites in the world?

The country with the largest volume of nitrites production was China, accounting for 62% of total volume. Moreover, nitrites production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by Russia, with a 6.3% share.

What are the leading suppliers of nitrites to Ukraine?

In value terms, the largest nitrites suppliers to Ukraine were China, Russia and Germany, with a combined 97% share of total imports.

What are the leading importers of nitrites from Ukraine?

In value terms, Belarus remains the key foreign market for nitrites exports from Ukraine, comprising 96% of total exports. The second position in the ranking was occupied by Russia, with a 3.1% share of total exports.

What is the average export price for nitrites in Ukraine?

In 2021, the average nitrites export price amounted to $2,060 per ton, almost unchanged from the previous year.

What is the average import price for nitrites in Ukraine?

In 2021, the average nitrites import price amounted to $876 per ton, with a decrease of -11.6% against the previous year.

This report provides an in-depth analysis of the nitrites market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20152080 - Nitrites

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023