Ukraine: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Ukraine

The Ukrainian silicon dioxide market dropped to $X in 2021, with a decrease of -7.7% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Silicon dioxide consumption peaked at $X in 2020, and then shrank in the following year.

Silicon Dioxide Production in Ukraine

In value terms, silicon dioxide production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. Silicon dioxide production peaked at $X in 2020, and then reduced in the following year.

Silicon Dioxide Exports

Exports from Ukraine

In 2021, after two years of decline, there was significant growth in shipments abroad of silicon dioxide, when their volume increased by 17% to X tons. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 42% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, silicon dioxide exports surged to $X in 2021. Overall, total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of silicon dioxide exports from Ukraine, with a combined 41% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +66.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silicon dioxide exported from Ukraine were Russia ($X), Germany ($X) and Slovakia ($X), together accounting for 39% of total exports. These countries were followed by Poland, the United States, Italy, the Netherlands, Switzerland, France, the Czech Republic, Belarus, the UK and Spain, which together accounted for a further 52%.

In terms of the main countries of destination, Switzerland, with a CAGR of +72.4%, saw the highest rates of growth with regard to 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 silicon dioxide export price stood at $X per ton in 2021, with an increase of 28% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($X per ton), while the average price for exports to the Czech Republic ($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 France (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Dioxide Imports

Imports into Ukraine

In 2021, purchases abroad of silicon dioxide increased by 11% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 41% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, silicon dioxide imports skyrocketed to $X in 2021. Overall, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +9.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), China (X tons) and Russia (X tons) were the main suppliers of silicon dioxide imports to Ukraine, with a combined 55% share of total imports. These countries were followed by France, Turkey, Poland, the United States, Norway and the Netherlands, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +197.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of silicon dioxide to Ukraine, comprising 36% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by China, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+207.4% per year) and China (-0.8% per year).

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per ton, picking up by 4.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 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 France ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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