Ukraine: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2024

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in Ukraine

In 2022, the Ukrainian metal liquid fuel appliances market increased by 155% to $X, rising for the sixth consecutive year after two years of decline. In general, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from Ukraine

For the sixth consecutive year, Ukraine recorded growth in shipments abroad of iron or steel liquid fuel domestic appliances, which increased by 69% to X units in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 925% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal liquid fuel appliances exports surged to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 6,270%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for metal liquid fuel appliances exports from Ukraine, with a 42% share of total exports. Moreover, metal liquid fuel appliances exports to the Netherlands exceeded the volume sent to the second major destination, Greece (X units), twofold. The third position in this ranking was held by France (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +57.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (0.0% per year) and France (0.0% per year).

In value terms, the Netherlands ($X), Greece ($X) and France ($X) constituted the largest markets for metal liquid fuel appliances exported from Ukraine worldwide, together comprising 80% of total exports. The UK, Estonia, Poland and Russia lagged somewhat behind, together comprising a further 12%.

The UK, with a CAGR of +481.3%, recorded 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 more modest paces of growth.

Export Prices by Country

The average metal liquid fuel appliances export price stood at $X per unit in 2022, surging by 258% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 2,113%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Russia ($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 the Netherlands (+113.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into Ukraine

In 2022, purchases abroad of iron or steel liquid fuel domestic appliances increased by 188% to X units, rising for the sixth consecutive year after two years of decline. Overall, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal liquid fuel appliances imports skyrocketed to $X in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X units) constituted the largest metal liquid fuel appliances supplier to Ukraine, with a 78% share of total imports. Moreover, metal liquid fuel appliances imports from Japan exceeded the figures recorded by the second-largest supplier, Poland (X units), sevenfold. China (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+33.9% per year) and China (+34.7% per year).

In value terms, Japan ($X) constituted the largest supplier of iron or steel liquid fuel domestic appliances to Ukraine, comprising 68% of total imports. The second position in the ranking was taken by Poland ($X), with a 20% share of total imports. It was followed by Taiwan (Chinese), with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at +35.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+41.6% per year) and Taiwan (Chinese) (+453.2% per year).

Import Prices by Country

In 2022, the average metal liquid fuel appliances import price amounted to $X per unit, shrinking by -20.5% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 44%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($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) (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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