Eurasian chemical market

Chemical Market of Macedonia

Republic of Macedonia enjoys a progressive recovery of the nation economy. The 2010 gross domestic output increased by 1.8% over the year, up to USD 9.188bn. The total GDP included the following sectors: services (52.9%, USD 4.86bn), manufacturing (23.8%, USD 2.19bn), agriculture, hunting and forestry (10.6%, USD 0.97bn).

The chemical industry of the Republic offers a diversity of mechanical rubber and plastic goods, household products, cosmetics, paints and varnishes, etc. In 2009, the total sales of chemical products made up 32,380 tonnes. However, experts say that the chemical complex of the country is not self-sufficient, and lots of industry segments are not well developed yet, but require up-to date technologies, equipment, materials and feedstock base to improve the competitiveness of domestic products.

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