Ukraine: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Ukraine

The Ukrainian confectionery-making industrial machinery market fell markedly to $X in 2022, reducing by -55.2% against the previous year. Over the period under review, consumption saw a significant decrease. Confectionery-making industrial machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in Ukraine

In value terms, confectionery-making industrial machinery production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 108%. Confectionery-making industrial machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Confectionery-Making Industrial Machinery Exports

Exports from Ukraine

In 2022, overseas shipments of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate decreased by -63.4% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by 394%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports dropped markedly to $X in 2022. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 559%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Moldova (X units) was the main destination for confectionery-making industrial machinery exports from Ukraine, with a 47% share of total exports. Moreover, confectionery-making industrial machinery exports to Moldova exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold. Nigeria (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+22.3% per year) and Nigeria (0.0% per year).

In value terms, the largest markets for confectionery-making industrial machinery exported from Ukraine were Moldova ($X), the Czech Republic ($X) and Kazakhstan ($X), together accounting for 73% of total exports. These countries were followed by Germany, Armenia, Russia and Nigeria, which together accounted for a further 18%.

Armenia, with a CAGR of +27.7%, saw the highest growth rate of the value of exports, in terms of 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 confectionery-making industrial machinery export price amounted to $X per unit, reducing by -25.8% against the previous year. Over the period under review, the export price, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2014 an increase of 95%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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 the Czech Republic ($X per unit), while the average price for exports to Nigeria ($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 Italy (+90.4%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into Ukraine

Confectionery-making industrial machinery imports into Ukraine reduced notably to X units in 2022, with a decrease of -68.4% on 2021 figures. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2019 with an increase of 163% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports fell rapidly to $X in 2022. In general, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2019 with an increase of 92% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of confectionery-making industrial machinery to Ukraine, with a 59% share of total imports. Moreover, confectionery-making industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fivefold. The third position in this ranking was held by Italy (X units), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-26.6% per year) and Italy (-24.0% per year).

In value terms, the largest confectionery-making industrial machinery suppliers to Ukraine were China ($X), Switzerland ($X) and Italy ($X), together accounting for 77% of total imports. Poland, Hungary, Turkey, Bulgaria, the Netherlands and Germany lagged somewhat behind, together accounting for a further 20%.

Hungary, with a CAGR of +68.5%, saw 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

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, dropping by -30.8% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 82%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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