Updated Dec 12, 2022 15:42

Chalk Market in Ukraine

Market Overview
The Ukrainian chalk market dropped to $ in , declining 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 saw a deep reduction. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to , consumption remained at a lower figure.

In value terms, chalk production fell slightly to $ in estimated in export price. Overall, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.


Consumption
In , consumption of chalk in Ukraine fell to tons, waning by -% on the year before. Overall, consumption continues to indicate a abrupt setback. Over the period under review, consumption reached the maximum volume at tons in 2007; however, from 2008 to , consumption remained at a lower figure.

The revenue of the chalk market in Ukraine shrank 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 saw a abrupt descent. Chalk consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.


Market Forecast
Depressed by shrinking demand for chalk in Ukraine, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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, the share of imports in terms of total chalk consumption in Ukraine was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Ukraine chalk market is largely supplied by domestic manufacturers. The growth in the share of Ukraine imports of in the chalk market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. 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 importer of chalk; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.