Ukraine: Lawn Mower Market 2023

Lawn Mower Market Size in Ukraine

In 2022, after two years of growth, there was significant decline in the Ukrainian lawn mower market, when its value decreased by -23.6% to $X. In general, consumption, however, enjoyed measured growth. Lawn mower consumption peaked at $X in 2021, and then contracted rapidly in the following year.

Lawn Mower Exports

Exports from Ukraine

Lawn mower exports from Ukraine reduced to X units in 2022, waning by -14.6% against 2021 figures. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 5,814% against the previous year. The exports peaked at X units in 2021, and then fell in the following year.

In value terms, lawn mower exports dropped to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 4,762% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

Azerbaijan (X units), Georgia (X units) and the Czech Republic (X units) were the main destinations of lawn mower exports from Ukraine, together comprising 76% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +139.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lawn mower exported from Ukraine were Georgia ($X), Azerbaijan ($X) and the Czech Republic ($X), with a combined 76% share of total exports.

Among the main countries of destination, Georgia, with a CAGR of +191.1%, recorded the highest rates of growth with regard to 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 lawn mower export price stood at $X per unit in 2022, growing by 5.2% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 265% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per unit) and Georgia ($X per unit), while the average price for exports to Moldova ($X per unit) and Armenia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Ukraine

In 2022, after two years of growth, there was significant decline in purchases abroad of mowers for lawns, parks, golf courses or sports grounds, when their volume decreased by -25.8% to X units. Over the period under review, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 61%. Over the period under review, imports reached the maximum at X units in 2021, and then dropped notably in the following year.

In value terms, lawn mower imports fell rapidly to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lawn mower to Ukraine, accounting for a 64% share of total imports. Moreover, lawn mower imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was held by Hungary (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+6.2% per year) and Hungary (+12.1% per year).

In value terms, China ($X) constituted the largest supplier of mowers for lawns, parks, golf courses or sports grounds to Ukraine, comprising 58% of total imports. The second position in the ranking was taken by Austria ($X), with a 21% share of total imports. It was followed by Hungary, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+6.0% per year) and Hungary (+12.2% per year).

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, surging by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 an increase of 15%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Hungary ($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 UK (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :