Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine (CIF) - 2023

In October 2023, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $7,185 per ton, with a decrease of -55.9% against the previous month. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in August 2023 an increase of 111% month-to-month. The import price peaked at $20,048 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($17,419 per ton), while the price for Poland ($2,319 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $17,300 per ton, with an increase of 15% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 121% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($21,280 per ton), while the average price for exports to Poland ($4,615 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 (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses imported into Ukraine fell modestly to 270 tons, declining by -2.4% against the previous year. Overall, imports continue to indicate a abrupt curtailment.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $3.9M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Ukraine in 2022:

1. China (245.1 tons)
2. Germany (7.0 tons)
3. Poland (6.2 tons)
4. France (5.0 tons)
5. Belgium (2.8 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Ukraine

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses exported from Ukraine fell notably to 1.3 tons, waning by -41.8% compared with the previous year's figure. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.7% against the previous year.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped dramatically to $23K in 2022. Overall, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 103%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Ukraine in 2022:

1. Spain (600.0 kg)
2. Moldova (510.0 kg)
3. Poland (208.0 kg)

Source: IndexBox Market Intelligence Platform