UDC 338.45; JEL E32
Koval, L. (2018). Tendentsiyi ta perspektyvy rozvytku khimichnoyi promyslovosti Ukrayiny [Trends and perspectives of Ukraine’s chemical industry development]. In Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine]: Vol. 131 (3) (pp. 22-26). Retrieved from http://ird.gov.ua/sep/doi/sep2018.03.026. [in Ukrainian].
Sources: 6

Authors



Koval Lyudmyla Pylypivna

Ph.D. of Economics, Associate Professor

Senior Researcher of the Department of problems of the real sector of regions' economy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: myla_k@ukr.net, lyudmylakoval11@gmail.com

Webpages:

Resume

The purpose of the paper is to study trends and factors in the development of the chemical industry in Ukraine, to determine the prospects for its functioning, taking into account industry’s strengths and weaknesses. The research shows that chemical industry develops and functions in Ukraine primarily due to the fact that it possesses a strong raw material base (stocks of almost all kinds of mineral chemical raw materials: coal, natural gas, oil, sulfur, carbonate raw materials, table and potash salts, titanium ores, etc.). At the same time, there is a negative tendency of reducing the domestic raw materials share in the industry’s raw material balance. In addition, due to the destructive effect of macroeconomic, market and political factors, the chemical industry production potential has decreased recently, affecting the indicators of the chemical products share in the industrialization volumes. Taking into account the importance of the chemical manufacture in Ukrainian industry, the dynamics of chemical industry share in the volume of sold industrial products, as well as its share in imports and exports, are analyzed. The comparative estimation of chemicals production indices with industry’s production indices in general is performed. The factors of the chemical industry development are determined. The main industry development tendencies are analyzed and the comparative analysis with industry general tendencies is conducted. The structural analysis of the Ukrainian chemical industry is carried out. The chemical industry features, as well as the industry development deterrent factors, are revealed. The strengths and weaknesses, which are inherent for the chemical industry in general and related to the features of the macro environment in Ukraine, are determined. Based on the results of the research, the opportunities and prospects for the chemical industry development are outlined. As a prior task the attraction of investments for the latest technologies financing in Ukrainian chemical industry is defined. It will contribute to maintaining the competitive positions in the domestic and foreign commodity markets. In addition, the necessity of developing the strategies of the certain commodity groups import substitution and the maximum diversification of high-tech Ukrainian chemicals (in particular fertilizers and inorganic chemistry) exports are substantiated.

Keywords:

chemical industry, index of chemicals manufacture, index of industrial products manufacturers’ prices

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