Life-Jackets and Life-Belts Price in Ukraine - 2023

Contents:

  1. Life-Jackets and Life-Belts Price in Ukraine (FOB) - 2023
  2. Life-Jackets and Life-Belts Price in Ukraine (CIF) - 2022
  3. Life-Jackets and Life-Belts Exports in Ukraine
  4. Life-Jackets and Life-Belts Imports in Ukraine

Life-Jackets and Life-Belts Price in Ukraine (FOB) - 2023

The average life-jackets and life-belts export price stood at $26,038 per ton in July 2023, picking up by 160% against the previous month. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $26,755 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Sweden ($34,373 per ton), while the average price for exports to Estonia stood at $14,626 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Life-Jackets and Life-Belts Price in Ukraine (CIF) - 2022

In 2022, the average life-jackets and life-belts import price amounted to $30,185 per ton, dropping by -3.3% against the previous year. In general, the import price saw a noticeable contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 230%. As a result, import price reached the peak level of $117,475 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($37,892 per ton), while the price for China ($14,004 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Life-Jackets and Life-Belts Exports in Ukraine

Life-jackets and life-belts exports from Ukraine reached 554 tons in 2022, leveling off at 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, life-jackets and life-belts exports rose notably to $11M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 115%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Life-Jackets and Life-Belts in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.92.25.05.139.0%
Estonia0.81.63.54.983.0%
Hungary1.40.81.61.52.3%
OthersN/A0.1N/AN/A0%
Total4.24.710.111.539.9%

Top Export Markets for Life-Jackets and Life-Belts from Ukraine in 2022:

  1. Sweden (219.1 tons)
  2. Estonia (218.1 tons)
  3. Hungary (115.7 tons)

Life-Jackets and Life-Belts Imports in Ukraine

For the fourth year in a row, Ukraine recorded growth in supplies from abroad of life-jackets and life-beltses, which increased by 20% to 71 tons in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 88%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, life-jackets and life-belts imports surged to $2.1M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Life-Jackets and Life-Belts in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia6.81739181,111446.7%
Sweden14929257574470.9%
China52.082.679.167.99.3%
Germany38.232.537.654.212.4%
Poland14910810647.1-31.9%
Russia15.712.213.14.2-35.6%
Others17871.7114117-13.1%
Total5897721,8422,14653.9%

Top Suppliers of Life-Jackets and Life-Belts to Ukraine in 2022:

  1. Estonia (36.7 tons)
  2. Sweden (24.7 tons)
  3. China (4.8 tons)
  4. Poland (1.6 tons)
  5. Germany (1.4 tons)
  6. Russia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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