Ukraine: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Ukraine

The Ukrainian agricultural harvester market declined dramatically to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption saw a mild decline. Agricultural harvester consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Agricultural Harvester Production in Ukraine

In value terms, agricultural harvester production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of X%. Agricultural harvester production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Agricultural Harvester Exports

Exports from Ukraine

After two years of growth, shipments abroad of agricultural harvesters decreased by X% to X units in 2022. Overall, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, agricultural harvester exports rose rapidly to $X in 2022. Over the period under review, exports, however, showed a slight expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Lithuania (X units), Kazakhstan (X units) and Moldova (X units) were the main destinations of agricultural harvester exports from Ukraine, with a combined X% share of total exports. Bulgaria, Russia, Poland and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Bulgaria ($X) and Kazakhstan ($X) constituted the largest markets for agricultural harvester exported from Ukraine worldwide, with a combined X% share of total exports.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average agricultural harvester export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Russia ($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 Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Agricultural Harvester Imports

Imports into Ukraine

In 2022, the amount of agricultural harvesters imported into Ukraine contracted sharply to X units, with a decrease of X% compared with the previous year's figure. In general, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, agricultural harvester imports shrank markedly to $X in 2022. Over the period under review, imports showed a slight decline. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and Hungary (X units) were the main suppliers of agricultural harvester imports to Ukraine, with a combined X% share of total imports. The United States, Italy, Argentina, Belarus, Belgium and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of agricultural harvesters to Ukraine, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average agricultural harvester import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Belgium ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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