Ukraine: Concrete Mixer Market 2024

Concrete Mixer Market Size in Ukraine

In 2021, the Ukrainian concrete mixer market decreased by -24.5% to $X for the first time since 2015, thus ending a five-year rising trend. In general, consumption showed a perceptible decrease. Concrete mixer consumption peaked at $X in 2020, and then reduced rapidly in the following year.

Concrete Mixer Production in Ukraine

In value terms, concrete mixer production totaled $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2019 when the production volume increased by 23%. Concrete mixer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Concrete Mixer Exports

Exports from Ukraine

In 2021, overseas shipments of concrete or mortar mixers increased by 363% to X units, rising for the second year in a row after six years of decline. Over the period under review, exports showed buoyant growth. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, concrete mixer exports surged to $X in 2021. In general, exports continue to indicate a slight increase. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X units) was the main destination for concrete mixer exports from Ukraine, with a 52% share of total exports. Moreover, concrete mixer exports to Slovakia exceeded the volume sent to the second major destination, Denmark (X units), threefold. The third position in this ranking was taken by Georgia (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia amounted to +74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+82.1% per year) and Georgia (+71.0% per year).

In value terms, Denmark ($X) remains the key foreign market for concrete or mortar mixers exports from Ukraine, comprising 43% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 15% share of total exports. It was followed by Russia, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Denmark totaled +155.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+90.3% per year) and Russia (-11.9% per year).

Export Prices by Country

The average concrete mixer export price stood at $X per unit in 2021, with a decrease of -7.2% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Ukraine

After five years of growth, supplies from abroad of concrete or mortar mixers decreased by -23.8% to X units in 2021. In general, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2017 with an increase of 106%. Imports peaked at X units in 2020, and then shrank notably in the following year.

In value terms, concrete mixer imports declined to $X in 2021. Over the period under review, imports showed a mild reduction. The growth pace was the most rapid in 2016 with an increase of 86% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest concrete mixer supplier to Ukraine, accounting for a 57% share of total imports. Moreover, concrete mixer imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. Italy (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+36.1% per year) and Italy (+7.5% per year).

In value terms, China ($X), Turkey ($X) and Italy ($X) appeared to be the largest concrete mixer suppliers to Ukraine, with a combined 82% share of total imports.

Turkey, with a CAGR of +29.6%, recorded 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 a decline.

Import Prices by Country

In 2021, the average concrete mixer import price amounted to $X per unit, picking up by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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