The market for glues based on starches or modified starches in Ukraine has undergone a steady decline from 2013 through 2023, dropping from $12.812 million to $7.3188 million. Notably, the market experienced an average yearly decline (CAGR) of approximately 3.72% over the last five years. The year-on-year variation highlights consistent contracting, particularly over the last two years with downward shifts of around 2.86% annually. In 2023, the market size stood at $7.3188 million.
Future trends to monitor include:
- Potential market stabilization or recovery influenced by economic growth in Ukraine.
- Technological innovations in glue production and applications.
- Adaptation to changing consumer preferences for sustainable and eco-friendly products.
- Impact of any geopolitical developments on agriculture and supply chain dynamics.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 6 | 6 Canada | 9,325,300 | 2023 | +0.63% | +1.19% | View data |
| 7 | 7 Ukraine | 7,318,800 | 2023 | -2.86% | -3.72% | |
| 8 | 8 Austria | 6,847,900 | 2023 | -2.16% | -1.44% | View data |
| 9 | 9 Denmark | 6,746,400 | 2023 | +2.11% | +0.036% | View data |
