Ukraine: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Ukraine

The Ukrainian horizontal machining centre market skyrocketed to $X in 2021, increasing by 22% 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). Over the period under review, consumption, however, showed a noticeable downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Horizontal Machining Centre Exports

Exports from Ukraine

In 2021, approx. X units of horizontal machining centres for working metal were exported from Ukraine; picking up by 100% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt contraction. 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, horizontal machining centre exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units), Poland (X units) and Georgia (X units) were the main destinations of horizontal machining centre exports from Ukraine, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for horizontal machining centres for working metal exports from Ukraine, comprising 78% of total exports. The second position in the ranking was taken by Russia ($X), with an 18% share of total exports. It was followed by Poland, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-15.8% per year) and Poland (+0.9% per year).

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, jumping by 96% against the previous year. Overall, the export price, however, saw a deep contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Georgia ($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 Poland (+1.7%), while the prices for the other major destinations experienced a decline.

Horizontal Machining Centre Imports

Imports into Ukraine

In 2021, supplies from abroad of horizontal machining centres for working metal increased by 13% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 124%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, horizontal machining centre imports skyrocketed to $X in 2021. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 128% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), Germany (X units) and Taiwan (Chinese) (X units) were the main suppliers of horizontal machining centre imports to Ukraine, with a combined 42% share of total imports. These countries were followed by South Korea, China, Switzerland, Japan, Lithuania, Italy, Poland, the UK and Turkey, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Italy ($X) constituted the largest horizontal machining centre suppliers to Ukraine, with a combined 43% share of total imports. Switzerland, South Korea, Taiwan (Chinese), Japan, China, Lithuania, Poland, the Czech Republic, the UK and Turkey lagged somewhat behind, together accounting for a further 38%.

Among the main suppliers, China, with a CAGR of +18.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average horizontal machining centre import price stood at $X per unit in 2021, growing by 23% against the previous year. Over the period under review, the import price, however, showed a deep reduction. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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