Ukraine - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
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Sodium Carbonate Market Size in Ukraine
The Ukrainian sodium carbonate market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption continues to indicate a pronounced setback. Sodium carbonate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Sodium Carbonate Production in Ukraine
In value terms, sodium carbonate production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 38%. 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.
Sodium Carbonate Exports
Exports from Ukraine
For the seventh consecutive year, Ukraine recorded decline in overseas shipments of sodium carbonate, which decreased by -46.5% to X tons in 2022. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2015 when exports increased by 185% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, sodium carbonate exports contracted rapidly to $X in 2022. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2015 with an increase of 201% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Moldova (X tons) was the main destination for sodium carbonate exports from Ukraine, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova amounted to -16.1%.
In value terms, Moldova ($X) also remains the key foreign market for sodium carbonate exports from Ukraine.
From 2012 to 2022, the average annual rate of growth in terms of value to Moldova totaled -15.3%.
Export Prices by Country
In 2022, the average sodium carbonate export price amounted to $X per ton, picking up by 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Moldova.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +37.5% per year.
Sodium Carbonate Imports
Imports into Ukraine
Sodium carbonate imports into Ukraine reduced to X tons in 2022, waning by -8.6% against 2021 figures. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 130%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sodium carbonate imports stood at $X in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 118% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Turkey (X tons) constituted the largest supplier of sodium carbonate to Ukraine, with a 77% share of total imports. Moreover, sodium carbonate imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), more than tenfold. Bosnia and Herzegovina (X tons) ranked third in terms of total imports with a 4.6% share.
From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +58.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+17.8% per year) and Bosnia and Herzegovina (+72.0% per year).
In value terms, Turkey ($X) constituted the largest supplier of sodium carbonate to Ukraine, comprising 67% of total imports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with an 11% share of total imports. It was followed by Bulgaria, with an 8.1% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+89.7% per year) and Bulgaria (+21.7% per year).
Import Prices by Country
The average sodium carbonate import price stood at $X per ton in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sodium carbonate market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134310 - Disodium carbonate
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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