Ukraine: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2025

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Ukraine

The Ukrainian market for caustic soda in aqueous solution (soda lye) fell markedly to $X in 2021, waning by -55.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a precipitous shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Ukraine

Exports of caustic soda in aqueous solution (soda lye) from Ukraine contracted to X tons in 2021, waning by -9.6% compared with the year before. In general, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 31%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of caustic soda in aqueous solution (soda lye) contracted to $X in 2021. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 24%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Ukraine, with a 44% share of total exports. Moreover, exports of caustic soda in aqueous solution (soda lye) to Italy exceeded the volume sent to the second major destination, Poland (X tons), twofold. France (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+27.3% per year) and France (-18.8% per year).

In value terms, Italy ($X) emerged as the key foreign market for caustic soda in aqueous solution (soda lye) exports from Ukraine, comprising 51% of total exports. The second position in the ranking was taken by Poland ($X), with a 17% share of total exports. It was followed by France, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+26.7% per year) and France (-28.1% per year).

Export Prices by Country

In 2021, the average export price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, rising by 2.2% against the previous year. In general, the export price, however, saw a perceptible decline. The growth pace was the most rapid in 2016 when the average export price increased by 9.6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Turkey ($X per ton), while the average price for exports to Sweden ($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 Turkey (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Ukraine

Imports of caustic soda in aqueous solution (soda lye) into Ukraine fell markedly to X tons in 2021, which is down by -52.1% compared with 2020. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 26%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, imports of caustic soda in aqueous solution (soda lye) declined markedly to $X in 2021. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2013 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Russia (X tons), Turkey (X tons) and Romania (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to Ukraine, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +8.7%), while purchases for the other leaders experienced a decline.

In value terms, Russia ($X) constituted the largest supplier of caustic soda in aqueous solution (soda lye) to Ukraine, comprising 56% of total imports. The second position in the ranking was held by Turkey ($X), with a 28% share of total imports. It was followed by Romania, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at -21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.3% per year) and Romania (-11.4% per year).

Import Prices by Country

The average import price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2021, surging by 2% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 16%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+32.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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