Ukraine: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Ukraine

In 2021, the Ukrainian oxygen-function amino-compound market increased by 66% to $X, rising for the fourth consecutive year after four years of decline. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +91.7% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Oxygen-Function Amino-Compound Exports

Exports from Ukraine

In 2021, shipments abroad of oxygen-function amino-compounds increased by 81% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 308% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, oxygen-function amino-compound exports soared to $X in 2021. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 149% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Belarus (X tons) was the main destination for oxygen-function amino-compound exports from Ukraine, accounting for a 64% share of total exports. Moreover, oxygen-function amino-compound exports to Belarus exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus amounted to +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+128.6% per year) and Belgium (+325.7% per year).

In value terms, Germany ($X), the United States ($X) and Belarus ($X) were the largest markets for oxygen-function amino-compound exported from Ukraine worldwide, with a combined 67% share of total exports. These countries were followed by Belgium, Latvia, India, Russia and Moldova, which together accounted for a further 18%.

Among the main countries of destination, Latvia, with a CAGR of +310.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, growing by 21% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 121% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belarus ($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 Moldova (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Ukraine

In 2021, supplies from abroad of oxygen-function amino-compounds increased by 117% to X tons, rising for the fourth year in a row after four years of decline. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.9% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of oxygen-function amino-compound to Ukraine, with a 70% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. The third position in this ranking was held by Poland (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+2.3% per year) and Poland (+20.6% per year).

In value terms, China ($X) constituted the largest supplier of oxygen-function amino-compounds to Ukraine, comprising 62% of total imports. The second position in the ranking was held by Russia ($X), with a 9.9% share of total imports. It was followed by Poland, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+1.4% per year) and Poland (+15.0% per year).

Import Prices by Country

In 2021, the average oxygen-function amino-compound import price amounted to $X per ton, waning by -34% against the previous year. Over the period under review, the import price showed a noticeable slump. The growth pace was the most rapid in 2016 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :