Ukraine: Domestic Appliances Market 2024

Domestic Appliances Market Size in Ukraine

In 2021, after five years of growth, there was decline in the Ukrainian domestic appliances market, when its value decreased by -1.5% to $X. Overall, consumption saw a mild contraction. Domestic appliances consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Domestic Appliances Production in Ukraine

In value terms, domestic appliances production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +60.0% against 2015 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 32% against the previous year. Domestic appliances production peaked at $X in 2020, and then fell in the following year.

Domestic Appliances Exports

Exports from Ukraine

In 2021, shipments abroad of domestic appliances increased by 11% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 14%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, domestic appliances exports surged to $X in 2021. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 54%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Hungary (X units) was the main destination for domestic appliances exports from Ukraine, accounting for a 30% share of total exports. Moreover, domestic appliances exports to Hungary exceeded the volume sent to the second major destination, Russia (X units), twofold. The third position in this ranking was taken by Poland (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-13.2% per year) and Poland (+24.3% per year).

In value terms, Hungary ($X) remains the key foreign market for domestic appliances exports from Ukraine, comprising 64% of total exports. The second position in the ranking was taken by Poland ($X), with a 5.3% share of total exports. It was followed by Russia, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value to Hungary amounted to +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.9% per year) and Russia (-16.4% per year).

Export Prices by Country

The average domestic appliances export price stood at $X per unit in 2021, surging by 7.3% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Russia ($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 Hungary (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.

Domestic Appliances Imports

Imports into Ukraine

In 2021, overseas purchases of domestic appliances increased by 1.9% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, imports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 34% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, domestic appliances imports expanded markedly to $X in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 36%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of domestic appliances to Ukraine, accounting for a 50% share of total imports. Moreover, domestic appliances imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. Poland (X units) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+2.7% per year) and Poland (+4.8% per year).

In value terms, China ($X) constituted the largest supplier of domestic appliances to Ukraine, comprising 35% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by Russia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+5.8% per year) and Russia (-0.8% per year).

Import Prices by Country

In 2021, the average domestic appliances import price amounted to $X per unit, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price attained 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 2021, amid the top importers, the country with the highest price was Slovenia ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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