Ukraine: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Ukraine

For the fourth year in a row, the Ukrainian continuous-action elevators and conveyors market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate prominent growth. Continuous-action elevators and conveyors consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Continuous-Action Elevators And Conveyors in Ukraine

In value terms, continuous-action elevators and conveyors production rose slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Ukraine

For the fourth consecutive year, Ukraine recorded decline in shipments abroad of continuous-action elevators and conveyors, which decreased by X% to X units in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors exports contracted rapidly to $X in 2022. In general, exports saw a deep slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Moldova (X units), Saudi Arabia (X units) and Poland (X units) were the main destinations of continuous-action elevators and conveyors exports from Ukraine, together accounting for X% of total exports. Belgium, Kazakhstan, the Netherlands, Denmark, Slovenia, Romania, Lithuania, Armenia, Uzbekistan and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Poland ($X) and Romania ($X) were the largest markets for continuous-action elevators and conveyors exported from Ukraine worldwide, together accounting for X% of total exports. Belgium, Hungary, Lithuania, the Netherlands, Slovenia, Uzbekistan, Kazakhstan, Saudi Arabia, Armenia and Denmark lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Slovenia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average continuous-action elevators and conveyors export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Saudi Arabia ($X 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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Ukraine

In 2022, the amount of continuous-action elevators and conveyors imported into Ukraine shrank to X units, declining by X% compared with 2021. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, continuous-action elevators and conveyors imports fell notably to $X in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Lithuania (X units) constituted the largest supplier of continuous-action elevators and conveyors to Ukraine, accounting for a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from Lithuania exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Lithuania stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, the largest continuous-action elevators and conveyors suppliers to Ukraine were Germany ($X), Italy ($X) and Lithuania ($X), with a combined X% share of total imports.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price saw a perceptible descent. The growth pace was the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X,566 per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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