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Ukraine - Whey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhey Price in Ukraine - 2023
Contents:
- Whey Price in Ukraine (FOB) - 2023
- Whey Price in Ukraine (CIF) - 2022
- Whey Exports in Ukraine
- Whey Imports in Ukraine
Whey Price in Ukraine (FOB) - 2023
The average whey export price stood at $528 per ton in August 2023, declining by -9.4% against the previous month. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 3.4% month-to-month. Over the period under review, the average export prices reached the maximum at $985 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the countries with the highest prices were Saudi Arabia ($650 per ton) and Turkey ($570 per ton), while the average price for exports to the Philippines ($490 per ton) and Jordan ($491 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-2.7%), while the prices for the other major destinations experienced a decline.
Whey Price in Ukraine (CIF) - 2022
The average whey import price stood at $1,007 per ton in 2022, declining by -20.7% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 15%. As a result, import price attained the peak level of $2,022 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($3,087 per ton), while the price for Poland ($777 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Whey Exports in Ukraine
In 2022, shipments abroad of whey decreased by -27.5% to 16K tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports attained the peak of 26K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, whey exports shrank remarkably to $17M in 2022. Overall, exports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2020 with an increase of 22%.
Export of Whey in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.3 | 13.0 | 7.5 | 4.3 | -16.2% |
Malaysia | 1.4 | 0.5 | 1.7 | 2.9 | 27.5% |
Poland | 0.3 | 0.2 | N/A | 2.3 | 97.2% |
Vietnam | 1.0 | 0.7 | 2.5 | 1.3 | 9.1% |
Pakistan | 1.5 | 1.2 | 1.9 | 1.2 | -7.2% |
Bangladesh | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
Myanmar | 0.1 | 0.3 | 0.4 | 0.5 | 71.0% |
Egypt | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
Philippines | 2.7 | 1.3 | 2.6 | 0.5 | -43.0% |
Saudi Arabia | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
Jordan | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
Thailand | N/A | N/A | 0.1 | 0.4 | 300.0% |
Moldova | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Others | 2.1 | 2.5 | 3.6 | 1.4 | -12.6% |
Total | 17.5 | 21.3 | 22.0 | 16.7 | -1.5% |
Top Export Markets for Whey from Ukraine in 2022:
- China (4.6K tons)
- Malaysia (2.7K tons)
- Poland (2.0K tons)
- Vietnam (1.4K tons)
- Pakistan (1.1K tons)
- Bangladesh (0.5K tons)
- Egypt (0.5K tons)
- Myanmar (0.4K tons)
- Philippines (0.4K tons)
- Jordan (0.4K tons)
- Thailand (0.4K tons)
- Saudi Arabia (0.3K tons)
- Moldova (0.3K tons)
Whey Imports in Ukraine
After three years of growth, supplies from abroad of whey decreased by -35.7% to 3.2K tons in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports reached the peak of 5K tons, and then declined notably in the following year.
In value terms, whey imports declined rapidly to $3.2M in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of $6.3M, and then declined rapidly in the following year.
Import of Whey in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,403 | 1,010 | 1,944 | 1,918 | 11.0% |
Germany | 313 | 1,122 | 1,710 | 473 | 14.8% |
Spain | 5.9 | 69.1 | 192 | 434 | 319.0% |
Belarus | 562 | 725 | 1,976 | 353 | -14.4% |
Estonia | 154 | 373 | 245 | N/A | 26.1% |
Others | 217 | 345 | 262 | 48.2 | -39.4% |
Total | 2,655 | 3,644 | 6,330 | 3,226 | 6.7% |
Top Suppliers of Whey to Ukraine in 2022:
- Poland (2468.0 tons)
- Belarus (340.0 tons)
- Germany (234.2 tons)
- Spain (140.6 tons)
This report provides an in-depth analysis of the whey market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 890 - Whey, Condensed
- FCL 900 - Dry Whey
Country coverage:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the whey market in Ukraine.
This report provides an in-depth analysis of the global whey market.
This report provides an in-depth analysis of the whey market in Ukraine.
This report provides an in-depth analysis of the global whey market.
Explore the top import markets for whey in 2023, including China, Netherlands, Indonesia, and more. Learn about the growing global demand for whey and its applications in various industries.
Explore the top import markets for whey in 2023, including China, Netherlands, Indonesia, and more. Learn about the growing global demand for whey and its applications in various industries.