Report Update Nov 1, 2024

Ukraine - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Phosphoric Acid Market 2024

Phosphoric Acid Market Size in Ukraine

In 2022, the Ukrainian phosphoric acid market decreased by -17.7% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, showed a resilient increase. Phosphoric acid consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Phosphoric Acid Exports

Exports from Ukraine

For the third consecutive year, Ukraine recorded growth in overseas shipments of phosphoric acid and polyphosphoric acids, which increased by 7.3% to X tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 2,704% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, phosphoric acid exports surged to $X in 2022. Overall, exports enjoyed measured growth. The pace of growth was the most pronounced in 2018 with an increase of 2,854%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for phosphoric acid exports from Ukraine, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova totaled -4.8%.

In value terms, Moldova ($X) emerged as the key foreign market for phosphoric acid and polyphosphoric acids exports from Ukraine.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova totaled -1.6%.

Export Prices by Country

The average phosphoric acid export price stood at $X per ton in 2022, with an increase of 35% against the previous year. Over the period under review, the export price posted a measured increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 123%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +24.3% per year.

Phosphoric Acid Imports

Imports into Ukraine

In 2022, purchases abroad of phosphoric acid and polyphosphoric acids decreased by -44.9% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, phosphoric acid imports stood at $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest phosphoric acid supplier to Ukraine, accounting for a 59% share of total imports. Moreover, phosphoric acid imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by Kazakhstan (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-6.5% per year) and Kazakhstan (+49.5% per year).

In value terms, China ($X) constituted the largest supplier of phosphoric acid and polyphosphoric acids to Ukraine, comprising 56% of total imports. The second position in the ranking was held by Poland ($X), with a 20% share of total imports. It was followed by Kazakhstan, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.5% per year) and Kazakhstan (+56.4% per year).

Import Prices by Country

In 2022, the average phosphoric acid import price amounted to $X per ton, increasing by 83% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were India, Russia and China, together comprising 65% of global consumption.

What are the largest producers of phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were China, Russia and Morocco, together comprising 68% of global production. These countries were followed by the United States, Jordan, Japan, Senegal, Egypt and Mexico, which together accounted for a further 17%.

What are the leading suppliers of phosphoric acid and polyphosphoric acids to Ukraine?

In value terms, Poland constituted the largest supplier of phosphoric acid to Ukraine, comprising 44% of total imports. The second position in the ranking was occupied by Serbia, with a 19% share of total imports. It was followed by Kazakhstan, with a 14% share.

What are the leading importers of phosphoric acid and polyphosphoric acids from Ukraine?

In value terms, Georgia remains the key foreign market for phosphoric acid exports from Ukraine, comprising 68% of total exports. The second position in the ranking was occupied by Russia $647), with a 29% share of total exports.

What is the average export price for phosphoric acid and polyphosphoric acids in Ukraine?

In 2021, the average phosphoric acid export price amounted to $1,493 per ton, remaining stable against the previous year.

What is the average import price for phosphoric acid and polyphosphoric acids in Ukraine?

In 2021, the average phosphoric acid import price amounted to $950 per ton, picking up by 31% against the previous year.

This report provides an in-depth analysis of the phosphoric acid 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 20132455 - Phosphoric acid and polyphosphoric acids

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