Ukraine: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Ukraine

In 2022, after two years of growth, there was decline in the Ukrainian saturated acyclic monocarboxylic acids market, when its value decreased by X% to $X. Overall, consumption recorded a pronounced decrease. Saturated acyclic monocarboxylic acids consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Saturated Acyclic Monocarboxylic Acids in Ukraine

In value terms, saturated acyclic monocarboxylic acids production expanded to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Ukraine

In 2022, approx. X tons of saturated acyclic monocarboxylic acids were exported from Ukraine; shrinking by X% on 2021. Overall, exports faced a sharp slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports reduced dramatically to $X in 2022. Over the period under review, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Hungary (X tons) and Slovakia (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from Ukraine, together accounting for X% of total exports. The Czech Republic, Italy, Austria, Serbia, Germany, Russia and Romania lagged somewhat behind, together accounting for 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 Czech Republic (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from Ukraine were Poland ($X), Hungary ($X) and Slovakia ($X), together accounting for X% of total exports. The Czech Republic, Italy, Austria, Serbia, Germany, Russia and Romania lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Serbia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price 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, saturated acyclic monocarboxylic acids export price increased by X% against 2019 indices. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Romania ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Ukraine

In 2022, approx. X tons of saturated acyclic monocarboxylic acids were imported into Ukraine; with a decrease of X% against 2021. In general, total imports indicated slight growth from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids imports reduced dramatically to $X in 2022. Over the period under review, total imports indicated a slight increase 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Ukraine, with a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), ninefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Ukraine, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and India (X% per year).

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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