Ukraine: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Ukraine

After three years of growth, the Ukrainian market for iron or steel gas domestic cooking appliances and plate warmers decreased by -9.6% to $X in 2022. Overall, consumption, however, showed a abrupt slump. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Ukraine

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by 19%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Ukraine

In 2022, exports of iron or steel gas domestic cooking appliances and plate warmers from Ukraine plummeted to X units, waning by -80.4% compared with the previous year. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2017 when exports increased by 8.1%. Over the period under review, the exports of reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers declined significantly to $X in 2022. Over the period under review, exports faced a sharp contraction. The pace of growth was the most pronounced in 2017 with an increase of 24%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X units), Georgia (X units) and Armenia (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Ukraine, together accounting for 60% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +47.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel gas domestic cooking appliances and plate warmers exported from Ukraine were Georgia ($X), Romania ($X) and Armenia ($X), together accounting for 63% of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +53.9%, 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 export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, picking up by 16% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Georgia ($X per unit) and Azerbaijan ($X per unit), while the average price for exports to Russia ($X per unit) and Romania ($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 Romania (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Ukraine

In 2022, the amount of iron or steel gas domestic cooking appliances and plate warmers imported into Ukraine stood at X units, approximately reflecting the year before. Overall, imports posted a notable increase. The growth pace was the most rapid in 2017 when imports increased by 64% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers contracted dramatically to $X in 2022. Over the period under review, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 37%. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Ukraine, accounting for a 61% share of total imports. Moreover, imports of iron or steel gas domestic cooking appliances and plate warmers from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.7% per year) and Italy (-4.4% per year).

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Ukraine were Turkey ($X), China ($X) and Poland ($X), together accounting for 67% of total imports.

China, with a CAGR of +8.4%, recorded the highest rates of growth with regard to the value of imports, among 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 import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, which is down by -37% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by 20%. The import price peaked at $X per unit in 2012; however, from 2013 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 Slovenia ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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