Ukraine: Plastic Box Market 2024

Plastic Box Market Size in Ukraine

The Ukrainian plastic box market declined remarkably to $X in 2022, reducing by -24.6% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Plastic box consumption peaked at $X in 2021, and then dropped significantly in the following year.

Plastic Box Production in Ukraine

In value terms, plastic box production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by 12%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Box Exports

Exports from Ukraine

In 2022, the amount of plastic boxes, cases, crates and similar packing articles exported from Ukraine fell rapidly to X tons, declining by -44.5% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, plastic box exports shrank sharply to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 46%. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Poland (X tons), Moldova (X tons) and the Netherlands (X tons) were the main destinations of plastic box exports from Ukraine, with a combined 47% share of total exports. Hungary, the Czech Republic, Romania, Estonia, Russia, Belarus, Slovakia, Lithuania, Germany and Italy lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +136.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Moldova ($X) and Hungary ($X) constituted the largest markets for plastic box exported from Ukraine worldwide, with a combined 42% share of total exports. The Netherlands, Italy, the Czech Republic, Estonia, Romania, Slovakia, Germany, Russia, Lithuania and Belarus lagged somewhat behind, together accounting for a further 50%.

Among the main countries of destination, Italy, with a CAGR of +146.1%, saw 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 plastic box export price stood at $X per ton in 2022, rising by 29% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Box Imports

Imports into Ukraine

In 2022, after six years of growth, there was significant decline in overseas purchases of plastic boxes, cases, crates and similar packing articles, when their volume decreased by -60.1% to X tons. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 64%. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, plastic box imports reduced remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 70% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped sharply in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of plastic box to Ukraine, with a 54% share of total imports. Moreover, plastic box imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was held by China (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+23.6% per year) and China (-5.7% per year).

In value terms, Poland ($X) constituted the largest supplier of plastic boxes, cases, crates and similar packing articles to Ukraine, comprising 47% of total imports. The second position in the ranking was held by China ($X), with an 8.7% share of total imports. It was followed by Turkey, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Turkey (+23.1% per year).

Import Prices by Country

In 2022, the average plastic box import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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