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Import of PET to Ukraine rose by 6% over the past eleven months

December 19/2012

MOSCOW (MRC) -- In January-November, 2012, import of PET to the Ukrainian domestic market grew by 6% year-on-year and made about 150,000 tonnes, according to MRC Data Scope.

This year, Ukrainian converters have been actively increasing purchasing volumes in the foreign markets. Most clearly this tendency was observed in the first half of the year. Significant spikes of purchases were registered in February and May. In anticipation of preparation for the season, converters increased stocks of the finished goods and feedstock at their warehouses, reporting an increase of orders from beverage and water producers. Due to the growth of shipments in the said months, the total import of PET in January-November made 150,000 tonnes, up 8,200 tonnes year-on-year.

China is still the leader in terms of shipments to Ukraine. 52% of the processed granulate in the country account for the Chinese PET makers. In January-November, 2012, around 78,000 tonnes of bottle PET granulate arrived in the market from China. China Resources Chemicals, SK Chemicals and Jiangsu Sanfangxiang make the Top-3 Chinese suppliers. However, the total import volumes of the Chinese material dropped by 1,000 tonnes over the past 11 months year-on-year.

Despite the reduction of purchases of Chinese PET, Pakistani, Lithuanian and Belarusian PET grades showed a significant increase. During the reporting period, supply volumes of Pakistani PET rose more than three times and made 21,800 tonnes, while in 2011 this index made 7,000 tonnes. Import of Lithuanian PET grew more than twofold and made 17,600 from 7,770 tonnes of the previous year. Purchases of Belarusian PET increased more than 2,5 times and made almost 8,000 tonnes in January-November from 3,000 tonnes last year.

Author:Margaret Volkova
Tags:PET, granulate, PET bottles, China Resources Chemicals, Jiangsu Sanfangxiang, SK Chemicals.
Category:General News
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