Speed Changer Price in Ukraine - 2023
Contents:
- Speed Changer Price in Ukraine (CIF) - 2023
- Speed Changer Price in Ukraine (FOB) - 2022
- Speed Changer Imports in Ukraine
- Speed Changer Exports in Ukraine
Speed Changer Price in Ukraine (CIF) - 2023
In May 2023, the average speed changer import price amounted to $15,650 per ton, shrinking by -11.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 65% month-to-month. As a result, import price attained the peak level of $26,248 per ton. From January 2023 to May 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the Czech Republic ($94,179 per ton), while the price for China ($5,596 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Ukraine (FOB) - 2022
The average speed changer export price stood at $8,825 per ton in 2022, waning by -12% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $11,698 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,195 per ton), while the average price for exports to Lithuania ($5,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.5%), while the prices for the other major destinations experienced a decline.
Speed Changer Imports in Ukraine
Speed changer imports into Ukraine shrank significantly to 3.6K tons in 2022, with a decrease of -44.9% compared with the year before. In general, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 6.5K tons, and then declined remarkably in the following year.
In value terms, speed changer imports contracted sharply to $57M in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports attained the peak of $87M, and then contracted dramatically in the following year.
| Import of Speed Changer in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.6 | 13.1 | 19.4 | 10.7 | -16.8% |
| Italy | 13.3 | 10.0 | 12.6 | 8.5 | -13.9% |
| China | 10.8 | 8.7 | 12.2 | 8.1 | -9.1% |
| Finland | 1.4 | 0.9 | 0.3 | 6.8 | 69.4% |
| United States | 9.1 | 5.2 | 7.9 | 5.3 | -16.5% |
| Poland | 3.4 | 3.9 | 4.4 | 3.8 | 3.8% |
| Czech Republic | 4.1 | 3.7 | 2.5 | 2.8 | -11.9% |
| Turkey | 1.7 | 2.0 | 2.8 | 1.6 | -2.0% |
| Slovakia | 0.9 | 1.2 | 4.6 | 1.2 | 10.1% |
| Belarus | 1.1 | 0.8 | 1.0 | 0.2 | -43.3% |
| Russia | 4.2 | 2.6 | 3.7 | 0.2 | -63.8% |
| Others | 13.7 | 11.4 | 16.1 | 8.2 | -15.7% |
| Total | 82.4 | 63.5 | 87.4 | 57.3 | -11.4% |
Top Suppliers of Speed Changer to Ukraine in 2022:
- China (1350.5 tons)
- Italy (500.9 tons)
- Germany (351.9 tons)
- Finland (327.3 tons)
- Poland (233.9 tons)
- United States (146.2 tons)
- Turkey (143.2 tons)
- Slovakia (134.4 tons)
- Czech Republic (63.9 tons)
- Belarus (47.3 tons)
- Russia (19.8 tons)
Speed Changer Exports in Ukraine
In 2022, shipments abroad of speed changers, industrial high-speed drives and gear decreased by -52.9% to 2K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2%. As a result, the exports reached the peak of 4.5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, speed changer exports reduced remarkably to $18M in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, the exports attained the peak of $53M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Speed Changer in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.6 | 1.9 | 1.3 | 2.7 | 65.1% |
| Russia | 10.5 | 14.5 | 11.0 | 2.6 | -37.2% |
| Italy | 2.2 | 1.1 | 3.1 | 2.5 | 4.4% |
| Poland | 1.6 | 1.9 | 2.8 | 2.3 | 12.9% |
| Germany | 1.6 | 1.5 | 2.1 | 1.3 | -6.7% |
| Kazakhstan | 3.4 | 1.6 | 3.6 | 1.0 | -33.5% |
| China | 0.6 | 6.8 | 6.6 | 0.6 | 0.0% |
| Belarus | 1.7 | 2.2 | 2.5 | 0.3 | -43.9% |
| Finland | 0.8 | 0.1 | 0.1 | N/A | -64.6% |
| Romania | 2.8 | 0.9 | N/A | N/A | -67.9% |
| Others | 5.9 | 20.4 | 10.2 | 4.5 | -8.6% |
| Total | 31.5 | 52.8 | 43.3 | 17.9 | -17.2% |
Top Export Markets for Speed Changer from Ukraine in 2022:
- Lithuania (492.2 tons)
- Russia (415.0 tons)
- Italy (346.2 tons)
- Poland (208.4 tons)
- Germany (118.7 tons)
- Kazakhstan (117.2 tons)
- China (69.8 tons)
- Belarus (28.0 tons)
- Romania (1.8 tons)
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