Ukraine: Plastic Packaging Market 2024

Plastic Packaging Market Size in Ukraine

The Ukrainian plastic packaging market was estimated at $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Plastic packaging consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Plastic Packaging Production in Ukraine

In value terms, plastic packaging production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Packaging Exports

Exports from Ukraine

After two years of growth, overseas shipments of plastic packaging decreased by X% to X tons in 2022. In general, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, plastic packaging exports plummeted to $X in 2022. Over the period under review, exports recorded a slight decline. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Moldova (X tons), Poland (X tons) and Romania (X tons) were the main destinations of plastic packaging exports from Ukraine, with a combined X% share of total exports. Lithuania, Russia, Germany, Georgia, Belarus, Hungary, the Netherlands, Kazakhstan and Azerbaijan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic packaging exported from Ukraine were Poland ($X), Moldova ($X) and Lithuania ($X), with a combined X% share of total exports. Russia, Romania, Belarus, Hungary, Germany, Georgia, Kazakhstan, the Netherlands and Azerbaijan lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic packaging export price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

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

Plastic Packaging Imports

Imports into Ukraine

In 2022, approx. X tons of plastic packaging were imported into Ukraine; increasing by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic packaging imports rose remarkably to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), Poland (X tons) and Lithuania (X tons) were the main suppliers of plastic packaging imports to Ukraine, together accounting for X% of total imports. Romania, China, Spain, Turkey, the Czech Republic, Italy, Germany, Canada, Russia and Belarus lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and China ($X) were the largest plastic packaging suppliers to Ukraine, with a combined X% share of total imports. Lithuania, Italy, Spain, Romania, Turkey, Germany, Canada, the Czech Republic, Russia and Belarus lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic packaging import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Lithuania ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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