Cement market in Ukraine

Abstract

Background. The building materials industry includes the production of cement, bricks and other materials. The state of the cement market is of particular interest.
An analysis of recent research and publications has shown that in order to generalize and specify the situation on the Ukrainian cement market, it is necessary to analyse statistics on production, consumption and export-import operations with cement.
The aim of the article is to establish trends in the development of production, con­sumption, export and import operations with cement in Ukraine.
Materials and methods. The work used general scientific and special methods of analysis, as well as publicly available sources of statistical information.
Results. According to the State Statistics Service of Ukraine, over the past five years there has been an increase in production of all types of cement in quantitative equi­valent by almost 13.4 %, refractory cements – by 57.1 %, and alumina cement, clinker-free slag cement and hydraulic cements – 1.8 times.
During 2016–2020, there was a tendency to increase wholesale prices for M-400 cement. During this period, the price increased 1.6 times and is mainly due to higher prices for raw materials.
The difference in retail prices for cement in the largest retail chains in Ukraine is 25 %, which is a significant fluctuation.
The analysis of the dynamics of cement exports from Ukraine during 2015–2020 showed a tendency to increase its volumes by more than 2 times. If we compare the volumes of imports and exports of cement, in 2020 the volumes of cement imports exceeded the volumes of exports by 33.8 % in monetary terms.
The largest volumes of cement in 2020 were imported to Ukraine from Turkey – 91 % of all deliveries, from Poland, Bulgaria, Lithuania and Germany – 2 % each, and from other countries only 1 %.
During 2015–2020, the largest share in the structure of domestic cement exports abroad belonged to Romania, having increased almost 5 times in 2017–2020. In second place among importing countries there are Hungary and the Republic of Moldova.
Conclusion. In recent years, the cement market in Ukraine is gradually deve­loping. The analysis of development trends showed that its main producers are several large groups – private joint-stock companies, which produce 99.8 % of the total volume of these products.
Studies have shown that during 2014–2020 there was a slight increase in pro­duction and consumption of all types of cement in Ukraine.
Monitoring of cement prices showed that during 2016–2020 there was an increase in wholesale prices for M-400 cement: in four years they increased by more than 60 %. There is a significant difference in retail prices of cement in the seven largest retail chains in Ukraine at 25 %.
Analysis of the dynamics of cement exports from Ukraine in 2015–2020 showed that they more than doubled, but imports of this product in 2020 exceeded exports by 33.8 % in monetary terms.