Ukraine: Test And Measurement Market 2025

Test And Measurement Market Size in Ukraine

The Ukrainian test and measurement market soared to $X in 2021, increasing by 25% against the previous year. In general, consumption saw a relatively flat trend pattern. Test and measurement consumption peaked in 2021 and is likely to continue growth in years to come.

Test And Measurement Production in Ukraine

In value terms, test and measurement production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 50% against the previous year. Test and measurement production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Test And Measurement Exports

Exports from Ukraine

Test and measurement exports from Ukraine soared to X units in 2021, increasing by 24% against 2020. In general, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 40%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, test and measurement exports surged to $X in 2021. Overall, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 105% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X units), Russia (X units) and Hungary (X units) were the main destinations of test and measurement exports from Ukraine, with a combined 51% share of total exports. Romania, Kazakhstan, Hong Kong SAR, Oman, Belarus, Georgia, China, Bulgaria, Germany and Poland lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +707.6%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), China ($X) and Moldova ($X) appeared to be the largest markets for test and measurement exported from Ukraine worldwide, with a combined 32% share of total exports. These countries were followed by Russia, Hungary, Hong Kong SAR, Germany, Oman, Kazakhstan, Poland, Georgia, Belarus and Romania, which together accounted for a further 37%.

Hong Kong SAR, with a CAGR of +553.4%, recorded 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

The average test and measurement export price stood at $X per unit in 2021, increasing by 12% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 an increase of 249%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

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 Bulgaria ($X per unit), while the average price for exports to Romania ($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 Kazakhstan (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Test And Measurement Imports

Imports into Ukraine

In 2021, the amount of instruments and apparatus for measuring or checking pressure of liquids or gasses imported into Ukraine soared to X units, growing by 23% on the year before. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, test and measurement imports surged to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 47%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X units), Italy (X units) and Poland (X units) were the main suppliers of test and measurement imports to Ukraine, together accounting for 55% of total imports. These countries were followed by China, Germany, France, Spain, Turkey, Taiwan (Chinese), South Korea, Belarus and the United States, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Poland ($X) were the largest test and measurement suppliers to Ukraine, with a combined 50% share of total imports. The United States, Russia, Italy, France, Turkey, Belarus, Taiwan (Chinese), South Korea and Spain lagged somewhat behind, together comprising a further 26%.

Spain, with a CAGR of +28.8%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average test and measurement import price amounted to $X per unit, picking up by 3.2% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 20% against the previous year. The import price peaked 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 the United States ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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