Ukraine: Metal Treating Machine Market 2024

Metal Treating Machine Market Size in Ukraine

The Ukrainian metal treating machine market declined sharply to $X in 2023, dropping by X% against the previous year. Overall, consumption continues to indicate a abrupt decline. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Metal Treating Machine Production in Ukraine

In value terms, metal treating machine production shrank slightly to $X in 2023 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2017 when the production volume increased by X%. Metal treating machine production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Metal Treating Machine Exports

Exports from Ukraine

In 2023, the amount of machines for treating metal, having individual functions exported from Ukraine shrank significantly to X units, reducing by X% against 2022 figures. Over the period under review, exports, however, recorded slight growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2022, and then contracted notably in the following year.

In value terms, metal treating machine exports declined significantly to $X in 2023. In general, exports, however, saw a mild expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then fell rapidly in the following year.

Exports by Country

Germany (X units) was the main destination for metal treating machine exports from Ukraine, with a X% share of total exports. Moreover, metal treating machine exports to Germany exceeded the volume sent to the second major destination, Romania (X units), fourfold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for machines for treating metal, having individual functions exports from Ukraine, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Romania (X% per year).

Export Prices by Country

In 2023, the average metal treating machine export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2023, 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 Finland ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Treating Machine Imports

Imports into Ukraine

In 2023, the amount of machines for treating metal, having individual functions imported into Ukraine contracted notably to X units, shrinking by X% compared with the previous year. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, metal treating machine imports shrank sharply to $X in 2023. In general, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Germany (X units) constituted the largest supplier of metal treating machine to Ukraine, accounting for a X% share of total imports. Moreover, metal treating machine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest metal treating machine suppliers to Ukraine, with a combined X% share of total imports. Turkey, France, Switzerland, the UK and the Czech Republic lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of 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 metal treating machine import price stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform