Ukraine - Benzene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBenzene Price in Ukraine - 2023
Contents:
- Benzene Price in Ukraine (FOB) - 2022
- Benzene Price in Ukraine (CIF) - 2022
- Benzene Exports in Ukraine
- Benzene Imports in Ukraine
Benzene Price in Ukraine (FOB) - 2022
The average benzene export price stood at $1,066 per ton in 2022, growing by 17% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,095 per ton), while the average price for exports to Russia ($1,032 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 Belarus (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Benzene Price in Ukraine (CIF) - 2022
The average benzene import price stood at $2,789 per ton in 2022, falling by -41.9% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 137% against the previous year. Over the period under review, average import prices attained the maximum at $4,801 per ton in 2021, and then declined rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +19.3% per year.
Benzene Exports in Ukraine
Benzene exports from Ukraine declined sharply to 19K tons in 2022, reducing by -83.2% compared with the previous year. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. As a result, the exports attained the peak of 114K tons, and then reduced notably in the following year.
In value terms, benzene exports reduced rapidly to $20M in 2022. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 213% against the previous year. As a result, the exports attained the peak of $103M, and then dropped dramatically in the following year.
Export of Benzene in Ukraine (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 13.4 | 18.9 | 33.7 | 10.3 | -8.4% |
Russia | 25.5 | 2.1 | 36.6 | 6.7 | -36.0% |
Belarus | N/A | N/A | 4.3 | 3.4 | -20.9% |
Spain | N/A | 1.1 | 12.2 | N/A | 1009.1% |
Switzerland | N/A | 2.0 | N/A | N/A | 0% |
Latvia | 8.9 | N/A | N/A | N/A | 0% |
Portugal | N/A | N/A | 7.6 | N/A | 0% |
Canada | 9.7 | 7.1 | N/A | N/A | -26.8% |
Others | N/A | 1.9 | 8.9 | N/A | 368.4% |
Total | 57.5 | 33.0 | 103 | 20.4 | -29.2% |
Top Export Markets for Benzene from Ukraine in 2022:
- Italy (9.4K tons)
- Russia (6.5K tons)
- Belarus (3.2K tons)
Benzene Imports in Ukraine
In 2022, purchases abroad of benzene decreased by -5.8% to 3.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, benzene imports contracted significantly to $10K in 2022. In general, imports continue to indicate a sharp setback. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Benzene in Ukraine (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | 0.7 | 0.4 | 9.6 | 270.3% |
India | N/A | N/A | 15.2 | N/A | 0% |
Poland | N/A | 1.6 | 2.1 | N/A | 31.3% |
Czech Republic | 21.0 | 27.0 | N/A | N/A | 28.6% |
Others | 0.3 | 2.0 | 0.7 | 0.5 | 18.6% |
Total | 21.3 | 31.2 | 18.5 | 10.1 | -22.0% |
Top Suppliers of Benzene to Ukraine in 2022:
- China (3.6 tons)
This report provides an in-depth analysis of the benzene 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:
- Prodcom 20141223 - Benzene
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.
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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
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