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Kaolinitic Clays Market in Ukraine

Market Overview
In , the Ukrainian kaolinitic clays market increased by % to $, rising for the third consecutive year after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Ukraine consumption peaked at $ in 2010; however, from 2011 to , consumption remained at a lower figure.

In value terms, kaolinitic clays production declined to $ in estimated in export price. Over the period under review, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Ukraine production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.


Consumption
In , kaolinitic clays consumption in Ukraine amounted to tons, standing approx. at figures. The total consumption volume increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak volume of tons. From to , the growth of the consumption remained at a lower figure.

The value of the kaolinitic clays market in Ukraine dropped slightly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2010; however, from 2011 to , consumption remained at a lower figure.


Market Forecast
Driven by increasing demand for kaolinitic clays in Ukraine, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of kaolinitic clays in Ukraine were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for kaolinitic clays. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Ukraine remains a net exporter of kaolinitic clays; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.