Ukraine - Passenger Cars - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ukraine - Passenger Cars - Market Analysis, Forecast, Size, Trends And Insights

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Passenger Car Price in Ukraine - 2023

Contents:

  1. Passenger Car Price in Ukraine (CIF) - 2023
  2. Passenger Car Price in Ukraine (FOB) - 2022
  3. Passenger Car Imports in Ukraine
  4. Passenger Car Exports in Ukraine

Passenger Car Price in Ukraine (CIF) - 2023

In September 2023, the average passenger car import price amounted to $13,057 per unit, declining by -4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2023 an increase of 22% against the previous month. As a result, import price attained the peak level of $14,479 per unit; afterwards, it flattened through to September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($24,231 per unit), while the price for France ($5,269 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Passenger Car Price in Ukraine (FOB) - 2022

The average passenger car export price stood at $26,195 per unit in 2022, declining by -9.6% against the previous year. Overall, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2015 when the average export price increased by 308%. Over the period under review, the average export prices reached the peak figure at $44,537 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($90,623 per unit), while the average price for exports to the Czech Republic ($5,374 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Passenger Car Imports in Ukraine

In 2022, purchases abroad of passenger cars decreased by -31.9% to 445K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, imports reached the peak of 654K units, and then reduced dramatically in the following year.

In value terms, passenger car imports fell sharply to $2.9B in 2022. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $4.4B, and then reduced notably in the following year.

Import of Passenger Car in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7005596817291.4%
United States521663835468-3.5%
Japan587663753377-13.7%
China36.242.410519374.7%
Poland242165231172-10.8%
South Korea1041311741348.8%
France13098.893.41310.3%
United Kingdom74.010518113121.0%
Czech Republic1201211431220.6%
Mexico63.411517075.76.1%
Slovakia17216218974.5-24.3%
Romania14314814140.9-34.1%
Lithuania1284.925.812.1-54.4%
Others595526663287-21.6%
Total3,6153,5044,3872,948-6.6%

Top Suppliers of Passenger Car to Ukraine in 2022:

  1. Germany (142.5K units)
  2. China (47.2K units)
  3. France (41.1K units)
  4. Japan (34.0K units)
  5. United States (33.9K units)
  6. Poland (26.0K units)
  7. Czech Republic (25.0K units)
  8. South Korea (19.8K units)
  9. United Kingdom (16.2K units)
  10. Mexico (11.9K units)
  11. Romania (6.2K units)
  12. Slovakia (5.8K units)
  13. Lithuania (3.4K units)

Passenger Car Exports in Ukraine

In 2022, approx. 1.7K units of passenger cars were exported from Ukraine; picking up by 150% on the year before. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 201%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, passenger car exports soared to $44M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 139%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Passenger Car in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.10.60.710.7374.7%
Canada2.94.710.78.945.3%
Georgia0.1N/AN/A8.4338.0%
United Arab Emirates1.20.80.52.120.5%
HungaryN/AN/A0.11.31200.0%
Poland0.10.20.21.1122.4%
Moldova0.3N/A0.11.049.4%
ArmeniaN/AN/AN/A0.80%
BulgariaN/AN/AN/A0.80%
Czech RepublicN/AN/AN/A0.60%
BelgiumN/AN/AN/A0.60%
LithuaniaN/AN/AN/A0.40%
United States5.8N/AN/A0.2-67.5%
Others2.21.66.96.845.7%
Total12.68.119.343.751.4%

Top Export Markets for Passenger Car from Ukraine in 2022:

  1. Germany (454.0 units)
  2. Georgia (273.0 units)
  3. United Arab Emirates (147.0 units)
  4. Poland (116.0 units)
  5. Czech Republic (105.0 units)
  6. Canada (98.0 units)
  7. Belgium (97.0 units)
  8. Hungary (64.0 units)
  9. Moldova (44.0 units)
  10. Armenia (43.0 units)
  11. Bulgaria (42.0 units)
  12. Lithuania (33.0 units)
  13. United States (10.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the passenger car market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29102100 - Vehicles with spark-ignition engine of a cylinder capacity. 1 .500 cm., new
  • Prodcom 29102230 - Motor vehicles with a petrol engine > 1 .500 cm. (including motor caravans of a capacity > 3 .000 cm.) (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
  • Prodcom 29102250 - Motor caravans with a spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1 .500 cm. but . 3 .000 cm.
  • Prodcom 29102310 - Motor vehicles with a diesel or semi-diesel engine . 1 .500 cm. (excluding vehicles for transporting . .10 persons, s nowmobiles, golf cars and similar vehicles)
  • Prodcom 29102330 - Motor vehicles with a diesel or semi-diesel engine > 1 .500 cm. but . 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
  • Prodcom 29102340 - Motor vehicles with a diesel or semi-diesel engine > 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
  • Prodcom 29102353 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 1 .500 cm. but . 2 .500 cm.
  • Prodcom 29102355 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 2 .500 cm.
  • Prodcom 29102400 - Other motor vehicles for the transport of persons (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
  • Prodcom 29102410 -
  • Prodcom 29102430 -
  • Prodcom 29102450 -
  • Prodcom 29102490 -

Country coverage:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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