Ukraine: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Ukraine

The Ukrainian non-electric bakery oven market reduced dramatically to $X in 2022, shrinking by -33.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Bakery Oven Exports

Exports from Ukraine

For the seventh year in a row, Ukraine recorded decline in overseas shipments of non-electric bakery ovens, which decreased by -90.9% to X units in 2022. In general, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 51%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric bakery oven exports contracted sharply to $X in 2022. Over the period under review, exports faced a precipitous slump. The growth pace was the most rapid in 2013 with an increase of 122% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units) and Moldova (X units) were the main destinations of non-electric bakery oven exports from Ukraine.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of 0.0%).

In value terms, Moldova ($X) emerged as the key foreign market for non-electric bakery ovens exports from Ukraine, comprising 80% of total exports. The second position in the ranking was held by Poland ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Moldova amounted to -6.6%.

Export Prices by Country

The average non-electric bakery oven export price stood at $X per unit in 2022, which is down by -24.7% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric bakery oven export price decreased by -30.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 61%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Poland totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports into Ukraine

In 2022, the amount of non-electric bakery ovens imported into Ukraine contracted dramatically to X units, waning by -25.9% compared with the previous year's figure. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 409% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric bakery oven imports shrank remarkably to $X in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 465% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-electric bakery oven to Ukraine, accounting for a 53% share of total imports. Moreover, non-electric bakery oven imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. Poland (X units) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+45.7% per year) and Poland (+17.5% per year).

In value terms, Germany ($X) constituted the largest supplier of non-electric bakery ovens to Ukraine, comprising 54% of total imports. The second position in the ranking was held by Austria ($X), with a 24% share of total imports. It was followed by Poland, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+50.1% per year) and Poland (+11.1% per year).

Import Prices by Country

In 2022, the average non-electric bakery oven import price amounted to $X per unit, with a decrease of -17.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. The import price peaked at $X per unit in 2021, and then contracted significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and Germany ($X per unit), while the price for Poland ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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