Updated Mar 22, 2023 02:20

Feldspar Market in Ukraine

Market Overview
The Ukrainian feldspar market soared to $ in , rising 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). Overall, consumption showed a notable increase. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.

In value terms, feldspar production amounted to $ in estimated in export price. Overall, production, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2010 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to , production remained at a lower figure.


Consumption
In , approx. tons of feldspar were consumed in Ukraine; picking up by % against the previous year. In general, consumption, however, continues to indicate a noticeable curtailment. Over the period under review, consumption reached the peak volume at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

The value of the feldspar market in Ukraine skyrocketed to $ in , rising 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). Overall, consumption showed noticeable growth. Feldspar consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for feldspar in Ukraine, the market is expected to continue its downward consumption trend over the next eight-year period. 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 .


Trade Balance
Ukraine remains a net exporter of feldspar; 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.