Updated Jan 6, 2023 00:26

Market for Calcined And Sintered Dolomite in Ukraine

Market Overview
The Ukrainian calcined and sintered dolomite market reduced slightly to $ in , with a decrease of -% 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 pronounced downturn. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market remained at a somewhat lower figure.

In value terms, calcined and sintered dolomite production contracted to $ in estimated in export price. In general, production, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2014 to , production growth failed to regain momentum.


Consumption
In , consumption of calcined and sintered dolomite was finally on the rise to reach tons after three years of decline. In general, consumption, however, recorded a perceptible reduction. Calcined and sintered dolomite consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.

The value of the calcined and sintered dolomite market in Ukraine shrank modestly 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, continues to indicate a noticeable setback. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market failed to regain momentum.


Market Forecast
Depressed by shrinking demand for calcined and sintered dolomite 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 calcined and sintered dolomite 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 calcined and sintered dolomite market is largely supplied by domestic manufacturers. 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. The growth in the share of Ukraine imports of in the calcined and sintered dolomite market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports.


Trade Balance
Ukraine remains a net importer of calcined and sintered 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 $.