Dolomite Market in Ukraine
Market Overview
In 
, the Ukrainian dolomite market increased by % to $, rising for the fourth consecutive year after two years of decline. In general, the total consumption indicated a slight expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
In value terms, dolomite production rose notably to $ in estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.
, the Ukrainian dolomite market increased by % to $, rising for the fourth consecutive year after two years of decline. In general, the total consumption indicated a slight expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.In value terms, dolomite production rose notably to $
in estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.Consumption
After four years of growth, consumption of chalk and dolomite decreased by -% to tons in . Over the period under review, consumption, however, continues to indicate a tangible expansion. As a result, consumption reached the peak volume of tons, and then contracted in the following year.
The size of the dolomite market in Ukraine dropped to $ in , shrinking 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). In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $, and then shrank in the following year.
% to tons in . Over the period under review, consumption, however, continues to indicate a tangible expansion. As a result, consumption reached the peak volume of tons, and then contracted in the following year.The size of the dolomite market in Ukraine dropped to $
in , shrinking 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). In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $, and then shrank in the following year.Market Forecast
The dolomite market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year 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 .
% for the eight-year 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 .Trade Balance
Ukraine remains a net importer of dolomite; 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 $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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