Ukraine: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in Ukraine

In 2021, the Ukrainian vulcanised cellular rubber articles market increased by 49% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Vulcanised cellular rubber articles consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in Ukraine

In value terms, vulcanised cellular rubber articles production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, showed buoyant growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 340% against the previous year. Vulcanised cellular rubber articles production peaked at $X in 2020, and then dropped modestly in the following year.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports from Ukraine

Vulcanised cellular rubber articles exports from Ukraine shrank markedly to X tons in 2021, declining by -45.2% against 2020. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 41%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, vulcanised cellular rubber articles exports fell remarkably to $X in 2021. In general, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2016 with an increase of 34% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for vulcanised cellular rubber articles exports from Ukraine, with a 54% share of total exports. Moreover, vulcanised cellular rubber articles exports to Belarus exceeded the volume sent to the second major destination, Germany (X tons), twofold. Russia (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus amounted to -17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+75.8% per year) and Russia (-17.3% per year).

In value terms, the largest markets for vulcanised cellular rubber articles exported from Ukraine were Belarus ($X), Germany ($X) and Russia ($X), together comprising 82% of total exports.

Germany, with a CAGR of +70.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average vulcanised cellular rubber articles export price amounted to $X per ton, declining by -24.4% against the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while the average price for exports to Russia ($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 Russia (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports into Ukraine

In 2021, purchases abroad of vulcanised cellular rubber articles for technical uses increased by 101% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised cellular rubber articles imports skyrocketed to $X in 2021. In general, imports saw prominent growth. The pace of growth appeared the most rapid in 2016 when imports increased by 60%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised cellular rubber articles to Ukraine, with a 52% share of total imports. Moreover, vulcanised cellular rubber articles imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.2% per year) and Turkey (+33.3% per year).

In value terms, the largest vulcanised cellular rubber articles suppliers to Ukraine were Germany ($X), China ($X) and Poland ($X), with a combined 74% share of total imports. These countries were followed by Turkey, Hungary, Taiwan (Chinese) and Russia, which together accounted for a further 14%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +24.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vulcanised cellular rubber articles import price stood at $X per ton in 2021, which is down by -37.7% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 10% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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