Artificial Corundum Market in Ukraine
In value terms, artificial corundum production shrank modestly to $ in estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. Artificial corundum production peaked at $ in 2011; however, from 2012 to , production failed to regain momentum.
The value of the artificial corundum market in Ukraine shrank sharply to $ in , waning 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 continues to indicate a pronounced setback. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a somewhat lower figure.