Ukraine: Slaked Lime Market 2024

Slaked Lime Market Size in Ukraine

In 2021, after two years of growth, there was significant decline in the Ukrainian slaked lime market, when its value decreased by -19.4% to $X. Overall, consumption faced a sharp setback. Slaked lime consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Slaked Lime Production in Ukraine

In value terms, slaked lime production expanded sharply to $X in 2021 estimated in export price. In general, production, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 57% against the previous year. Slaked lime production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Slaked Lime Exports

Exports from Ukraine

In 2021, after four years of growth, there was significant decline in overseas shipments of slaked lime, when their volume decreased by -38.4% to X tons. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 2,156%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, slaked lime exports fell significantly to $X in 2021. Over the period under review, exports, however, posted resilient growth. The growth pace was the most rapid in 2013 with an increase of 2,441%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for slaked lime exports from Ukraine, with a 89% share of total exports. Moreover, slaked lime exports to Moldova exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. Barbados (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Moldova stood at +59.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-34.3% per year) and Barbados (0.0% per year).

In value terms, Moldova ($X) remains the key foreign market for slaked lime exports from Ukraine, comprising 90% of total exports. The second position in the ranking was held by Barbados ($X), with a 6.1% share of total exports. It was followed by Russia, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Moldova stood at +62.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (0.0% per year) and Russia (-46.9% per year).

Export Prices by Country

The average slaked lime export price stood at $X per ton in 2021, growing by 24% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia ($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 Moldova (+1.7%), while the prices for the other major destinations experienced a decline.

Slaked Lime Imports

Imports into Ukraine

After four years of growth, purchases abroad of slaked lime decreased by -20.6% to X tons in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then plummeted in the following year.

In value terms, slaked lime imports shrank remarkably to $X in 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 49%. Over the period under review, imports reached the peak figure at $X in 2020, and then plummeted in the following year.

Imports by Country

Slovakia (X tons), Russia (X tons) and Poland (X tons) were the main suppliers of slaked lime imports to Ukraine, with a combined 71% share of total imports. These countries were followed by Turkey, Belarus, the Czech Republic and Austria, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +88.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) constituted the largest supplier of slaked lime to Ukraine, comprising 30% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by Russia, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Slovakia stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-6.7% per year) and Russia (-6.2% per year).

Import Prices by Country

In 2021, the average slaked lime import price amounted to $X per ton, which is down by -9.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 27%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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