Ukraine: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Ukraine

The Ukrainian plastic ornamental articles market fell to $X in 2022, declining by -10.2% against the previous year. Over the period under review, consumption showed a mild descent. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Plastic Ornamental Articles Production in Ukraine

In value terms, plastic ornamental articles production totaled $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 136% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Plastic Ornamental Articles Exports

Exports from Ukraine

In 2022, overseas shipments of statuettes and other ornamental articles of plastic decreased by -65.7% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 17%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic ornamental articles exports reduced notably to $X in 2022. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons), Belgium (X tons) and Moldova (X tons) were the main destinations of plastic ornamental articles exports from Ukraine, together accounting for 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +146.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic ornamental articles exported from Ukraine were Russia ($X), Belgium ($X) and Moldova ($X), with a combined 63% share of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +97.3%, saw the highest growth rate of 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

In 2022, the average plastic ornamental articles export price amounted to $X per ton, increasing by 26% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Russia ($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 Moldova (+0.1%), while the prices for the other major destinations experienced a decline.

Plastic Ornamental Articles Imports

Imports into Ukraine

In 2022, purchases abroad of statuettes and other ornamental articles of plastic decreased by -52.2% to X tons, falling for the fourth consecutive year after three years of growth. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2013 when imports increased by 44% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic ornamental articles imports dropped notably to $X in 2022. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of plastic ornamental articles to Ukraine, accounting for a 95% share of total imports. It was followed by Poland (X tons), with a 0.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-22.9% per year) and South Korea (-67.4% per year).

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Ukraine, comprising 89% of total imports. The second position in the ranking was held by Poland ($X), with a 1.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-15.4% per year) and South Korea (-52.5% per year).

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, shrinking by -4.1% against the previous year. Over the period under review, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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