Ukraine: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Ukraine

The Ukrainian worked flat glass market expanded rapidly to $X in 2021, increasing by 11% against the previous year. Over the period under review, consumption, however, saw a abrupt shrinkage. Worked flat glass consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Worked Flat Glass Production in Ukraine

In value terms, worked flat glass production rose to $X in 2021 estimated in export price. Over the period under review, production, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by 35% against the previous year. Worked flat glass production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Worked Flat Glass Exports

Exports from Ukraine

In 2021, exports of worked flat glass from Ukraine fell to X tons, reducing by -11.8% against 2020. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2016 with an increase of 218%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, worked flat glass exports reached $X in 2021. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 157% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for worked flat glass exports from Ukraine, with a 78% share of total exports. Moreover, worked flat glass exports to Poland exceeded the volume sent to the second major destination, Belarus (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Poland totaled +62.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+21.1% per year) and Russia (+4.4% per year).

In value terms, Poland ($X) remains the key foreign market for worked flat glass exports from Ukraine, comprising 77% of total exports. The second position in the ranking was taken by Belarus ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland stood at +67.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+17.2% per year) and Russia (-4.3% per year).

Export Prices by Country

In 2021, the average worked flat glass export price amounted to $X per ton, with an increase of 14% against the previous year. In general, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Poland ($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 Poland (+2.7%), while the prices for the other major destinations experienced a decline.

Worked Flat Glass Imports

Imports into Ukraine

In 2021, worked flat glass imports into Ukraine skyrocketed to X tons, picking up by 29% compared with 2020. Overall, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, worked flat glass imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), the Czech Republic (X tons) and Poland (X tons) were the main suppliers of worked flat glass imports to Ukraine, with a combined 83% share of total imports. These countries were followed by China, Belgium, Italy and Turkey, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +8.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Russia ($X) and China ($X) appeared to be the largest worked flat glass suppliers to Ukraine, with a combined 60% share of total imports.

China, with a CAGR of +7.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average worked flat glass import price amounted to $X per ton, growing by 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 10% against the previous year. As a result, import price reached 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 Italy ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+21.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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