Ukraine: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Ukraine

In 2021, the Ukrainian metal pickling preparations market increased by 4.7% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 7.5% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Pickling Preparations Production in Ukraine

In value terms, metal pickling preparations production reached $X in 2021 estimated in export price. In general, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 22%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Metal Pickling Preparations Exports

Exports from Ukraine

In 2021, overseas shipments of pickling preparations for metal surfaces increased by 1.1% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2017 when exports increased by 32% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports skyrocketed to $X in 2021. Overall, exports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 36%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Belarus (X tons) and Uzbekistan (X tons) were the main destinations of metal pickling preparations exports from Ukraine, with a combined 97% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +37.2%), while the other leaders experienced mixed trend patterns.

In value terms, Belarus ($X), Russia ($X) and Uzbekistan ($X) were the largest markets for metal pickling preparations exported from Ukraine worldwide, together comprising 97% of total exports.

Uzbekistan, with a CAGR of +41.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average metal pickling preparations export price amounted to $X per ton, rising by 21% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal pickling preparations export price increased by +65.0% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan ($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 Uzbekistan (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Ukraine

In 2021, supplies from abroad of pickling preparations for metal surfaces decreased by -0.4% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 20%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, metal pickling preparations imports surged to $X in 2021. In general, imports recorded a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Poland (X tons) and Belarus (X tons) were the main suppliers of metal pickling preparations imports to Ukraine, with a combined 68% share of total imports. France, the Netherlands, Belgium, Italy, Hungary and Turkey lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +13.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Hungary ($X) and Poland ($X) appeared to be the largest metal pickling preparations suppliers to Ukraine, with a combined 52% share of total imports. These countries were followed by the Netherlands, France, Belarus, Italy, Belgium and Turkey, which together accounted for a further 30%.

Among the main suppliers, France, with a CAGR of +15.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, picking up by 23% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 25%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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