Ukraine: Market for Machine-Tools For Working Wood 2024

Market Size for Machine-Tools For Working Wood in Ukraine

The Ukrainian machine-tool for working wood market soared to $X in 2021, increasing by 76% against the previous year. Overall, consumption enjoyed prominent growth. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of Machine-Tools For Working Wood in Ukraine

In value terms, machine-tool for working wood production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Machine-Tools For Working Wood

Exports from Ukraine

In 2021, exports of machine-tools for working wood from Ukraine rose modestly to X tons, with an increase of 3.3% against 2020 figures. Over the period under review, exports, however, showed a slight contraction. The pace of growth was the most pronounced in 2018 when exports increased by 87% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, machine-tool for working wood exports surged to $X in 2021. In general, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 110%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X tons), Russia (X tons) and Romania (X tons) were the main destinations of machine-tool for working wood exports from Ukraine, with a combined 28% share of total exports. These countries were followed by Poland, Bulgaria, Finland, Moldova, the Czech Republic, Kazakhstan, Estonia, Israel, Germany and Canada, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +275.2%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for machine-tools for working wood exports from Ukraine, comprising 17% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.7% share of total exports. It was followed by Belarus, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+6.5% per year) and Belarus (-5.3% per year).

Export Prices by Country

The average machine-tool for working wood export price stood at $X per ton in 2021, increasing by 17% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Wood

Imports into Ukraine

Machine-tool for working wood imports into Ukraine soared to X tons in 2021, increasing by 73% against the previous year's figure. Over the period under review, imports posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 96%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, machine-tool for working wood imports soared to $X in 2021. Overall, imports saw a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 142%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Slovakia (X tons), Germany (X tons) and China (X tons) were the main suppliers of machine-tool for working wood imports to Ukraine, together comprising 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +68.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and China ($X) constituted the largest machine-tool for working wood suppliers to Ukraine, together comprising 71% of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of +85.5%, recorded 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

In 2021, the average machine-tool for working wood import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, 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 Austria ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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