Ukraine: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Ukraine

In 2021, the Ukrainian market for refractory products of siliceous or diatomite earths decreased by -21.4% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, saw a abrupt setback. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Ukraine

In 2021, overseas shipments of refractory products of siliceous or diatomite earths were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 44,088%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of refractory products of siliceous or diatomite earths declined notably to $X in 2021. Over the period under review, exports, however, showed a sharp slump. The pace of growth was the most pronounced in 2016 with an increase of 24,414%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of refractory products of siliceous or diatomite earths from Ukraine, with a 67% share of total exports. Moreover, exports of refractory products of siliceous or diatomite earths to the United States exceeded the volume sent to the second major destination, Israel (X tons), threefold. The United Arab Emirates (X kg) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +1,166.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+2,047.0% per year) and the United Arab Emirates (+27.3% per year).

In value terms, Mongolia ($X) remains the key foreign market for refractory products of siliceous or diatomite earths exports from Ukraine, comprising 61% of total exports. The second position in the ranking was taken by the United States ($X), with a 20% share of total exports. It was followed by Moldova, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mongolia amounted to -32.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-84.8% per year) and Moldova (-44.9% per year).

Export Prices by Country

In 2021, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, falling by -94.5% against the previous year. Over the period under review, the export price continues to indicate a sharp decline. The pace of growth was the most pronounced in 2013 a decrease of -6.6%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the 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 Mongolia ($X per ton), while the average price for exports to Israel ($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 the United Arab Emirates (-5.1%), while the prices for the other major destinations experienced a decline.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into Ukraine

Imports of refractory products of siliceous or diatomite earths into Ukraine reached X tons in 2021, picking up by 3.5% against the previous year. In general, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2019 when imports increased by 91% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths reduced sharply to $X in 2021. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 130% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X tons), Slovakia (X tons) and Germany (X tons) were the main suppliers of imports of refractory products of siliceous or diatomite earths to Ukraine, with a combined 84% share of total imports. South Korea, Lithuania, China, Spain and Italy lagged somewhat behind, together accounting for a further 6.8%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +16.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refractory products of siliceous or diatomite earths suppliers to Ukraine were Slovakia ($X), Russia ($X) and South Korea ($X), with a combined 70% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +10.0%, 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

The average import price for refractory products of siliceous or diatomite earths stood at $X per ton in 2021, falling by -37.3% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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