Ukraine: Market for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles 2024

Market Size for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles in Ukraine

In 2022, the Ukrainian market for electrical lighting or visual signaling equipment for motor vehicles and cycles decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption saw a relatively flat trend pattern. Lighting equipment for motor vehicles consumption peaked at $X in 2021, and then fell rapidly in the following year.

Exports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Exports from Ukraine

After five years of growth, shipments abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles decreased by X% to X units in 2022. Overall, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then shrank sharply in the following year.

In value terms, lighting equipment for motor vehicles exports declined remarkably to $X in 2022. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units), Moldova (X units) and Belarus (X units) were the main destinations of lighting equipment for motor vehicles exports from Ukraine, together accounting for X% of total exports. Lithuania, Poland, Uganda, Uzbekistan, the Czech Republic and Kazakhstan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uganda (with a CAGR of X.7%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Belarus ($X) and Russia ($X) constituted the largest markets for lighting equipment for motor vehicles exported from Ukraine worldwide, together comprising X% of total exports. Uganda, Lithuania, Poland, the Czech Republic, Uzbekistan and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Uganda, with a CAGR of X.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Belarus ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (X%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Imports into Ukraine

In 2022, purchases abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, posted slight growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2021, and then fell notably in the following year.

In value terms, lighting equipment for motor vehicles imports contracted sharply to $X in 2022. In general, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lighting equipment for motor vehicles to Ukraine, with a X% share of total imports. Moreover, lighting equipment for motor vehicles imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Turkey (X% per year).

In value terms, the largest lighting equipment for motor vehicles suppliers to Ukraine were China ($X), Taiwan (Chinese) ($X) and Turkey ($X), together comprising X% of total imports.

Turkey, with a CAGR of X%, 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

In 2022, the average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X per unit, falling by X% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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